Corporate Actions Administrator

Job Specification
Corporate Actions Administrator (Temporary Contract)
Location - St Pauls, London

Aim & purpose of the role:

To ensure the accurate and timely processing of both mandatory and voluntary Corporate Actions

To ensure all UK & Overseas Dividends are processed to client accounts and reconciled (where applicable) in a timely manner

To provide support and resolve queries from Investment Managers while liaising with various custodians

Key accountabilities/responsibilities

• Identify and process all Corporate Actions such as Rights Issues, Open Offers, Redemptions, Bonus Issues, Scheme of Arrangements, Conversions, Takeovers, IPO/Placings, AGM & Proxy Voting, S793 & SRDII etc. and ensuring clients are informed ahead of deadlines
• Process IPO and Book Builds
• Dealing with enquiries from Investment Managers and liaising with multiple Custodians to reconcile and provide updates on Corporate Events
• Ensuring Tax Vouchers are received from Registrars & Custodians and proceed with the daily processing of all Cash, Accumulation and Reinvestment Dividends to client accounts
• Instruct FXs and process to client accounts
• Categorise clients into Crest & Overseas sub-accounts according to Tax classifications and ensure in-house system is updated and maintained accordingly
• Identify and resolve outstanding Cash & Unit differences by applying knowledge and using in-house reconciliation programs
• Accurately entering and maintaining records on Internal Systems
• Ensure client Valuation and Custody records are accurately updated and in a timely manner to comply with CASS rules
• Participation in key departmental projects and undertake any additional Operational tasks when requested by the Line Manager/Senior Management

Person Specification/Skills

• Self-starter with a dynamic, proactive and "can do" attitude
• Highly organised with a very strong attention to detail, with particular focus on accuracy and numeracy ability
• Be able to work effectively during pressure periods while prioritising and multi-tasking
• Ability to react to events decisively and effectively and suggest innovative solutions to problems

Education/Experience

• At least 2 years experience working in a Corporate Actions Team within a financial institution
• Understand and interpret complex Corporate Action documentation
• Good knowledge of Outlook, Excel & Word
• Prepared and able to learn a number of systems
• Experience using the CREST system and a good understanding of using Custodian services
• Working to tight deadlines under pressure
• Willing to share knowledge effectively and show a flexible work approach within a team
• Self-sufficient with the ability to prioritise and multitask