Global Corporate Actions – Asset Management recruitment
*** Global Corporate Actions - Asset Management ***
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The Company
Global Asset Manager
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The Role
Ownership of Corporate Action Events end to end including instructions
Receive and analyse on a daily basis, notices of Corporate Actions reported from custodians and information providers such as FTS, Bloomberg
Set up of events on Corporate Action system (CAS) and Investment Management system
Request trade system warnings as necessary
Manage and meet all deadlines by keeping up to date with the progress of events
Notify Fund Managers of mandatory events
Request decisions from Fund Managers of non-mandatory events and populate decisions in CAS
To reconcile holdings between Custodians and SIM Systems, and resolving or escalating any differences
Prepare instructions for authorising and subsequent despatch to Custodians in an accurate and timely manner
Ensure instructions have been successfully sent and any non-default instructions are confirmed as received
Corporate Action Position and book cost update on SCD
Review all events created in order that effective dates, processing and book cost implications are fully understood.
Effect timely and accurate processing of all corporate action movements for both mandatory and voluntary events.
Process notional postings are based on best event record i.e. golden record
All processing is checked and authorised in accordance with procedures and controls.
All processing is performed against reconciled positions, and appropriate warnings are on security lines.
Meet all deadlines, and ensure procedures and controls are fully implemented
Ensure full documentation is kept in files in accordance with procedures and timely closure of events
Escalate potential problems before they become a risk
Closely monitor day to day processing and controls. This would include delegating and guiding where appropriate each individual’s roles and capabilities.
Ensure end to end events process is managed and controlled
Validation and approval of equity income events
Meet the needs of our business partners and internal clients.
To approve and update procedure manuals, service definitions and audit r reports. Conduct root cause analysis on issues arising.
Ensure any stock breaks arising are resolved promptly
Monitor, evaluate and control all queries received into the COAC team from reconciliations and other business areas to ensure individual team member takes ownership, resolves and responds in a timely manner.
Continually evaluate quality and delivery of controls with team
CAS Rules maintenance and updates
Provide cover where required
Projects and flexibility
Ability to cover the Team Leader of Corporate Actions
Provide specialist product knowledge; contribute to department initiatives and projects
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Skills / Experience
Technical competence on Global Corporate Actions events and their implications in all markets.
Full understanding of end to end COAC processes, and impact on business partners and clients.
Ability to engage and motivate staff.
Project Management capability, experience and proven delivery.
Numerical skills and the ability to monitor and produce high quality MIS, and naturally perform root cause analysis.
Capability to maintain and manage strong working relationships with internal departments and external counterparties.
Risk and Controls focus, and full understanding of COAC risks and prevention