Corporate Actions Specialist
3 weeks ago
Job Summary
The Corporate Actions Specialist will be responsible for the administration and processing of corporate actions and dividends for the firm and clients of Close Brothers Group, adhering to regulatory & product specific requirements.
Key Responsibilities
- Processing and approval of corporate actions, dividends, income, fund conversions and any associated claims; ensuring that they are completed accurately and on time.
- Management of primary and secondary placing events.
- Ensuring the timely processing and delivery of shareholder information, such as proxy voting or shareholder disclosure to companies.
- Ensure internal and external Service Level Agreements are adhered to and ensure high levels of service are provided to clients and stakeholders, with a focus on ensuring good client outcomes.
- Identifying and addressing any issues or challenges that may arise, such as delays, communication breakdowns, or other obstacles, escalating where appropriate.
- Maintain accurate records of all corporate actions, dividends, and other income events, ensuring that they are properly documented and reported.
- Ensure all daily & periodic tasks are completed, including the investigation and resolution of reconciliation discrepancies.
- Build and maintaining relationships with clients, custodians, transfer agents, vendors, and other key stakeholders. This may involve engaging with clients to understand their needs, addressing any issues that arise, and ensuring that all parties are satisfied with the service provided.
- Maintain compliance with regulations, managing operational risks, and assist in implementing appropriate risk management frameworks.
- Identifying opportunities to improve processes and procedures within Corporate Actions and assist the Senior Manager - Asset Servicing to deliver change. This may involve acting as an SME or project lead in streamlining workflows, automating tasks, and leveraging technology to improve efficiency and reduce costs.
- Assist in the production and analysis of reporting for senior management on the performance of the corporate actions function.
Requirements
- Experience and knowledge of Corporate Actions and Transfers, the trading cycle and how this is impacted by corporate events, as well as the ecosystem Close Brothers Group operates within.
- Ability to foster a strong positive culture (inclusive of the achievement of D&I objectives) aligned to the overall Company culture within a division or significant department.
- Track record of maintaining high performance standards; clear focus and commitment to driving great customer outcomes, profitability, and shareholder value.
- Ability to maintain a strong risk management and control framework throughout a significant market making or related department, inclusive of the ability to identify, assess, mitigate, and monitor risks and the offsetting controls.
- Working knowledge of the regulatory frameworks and requirements that apply to the business, including the CASS rules when managing client's money or assets.
Desirable Skills
- Current working knowledge of external systems, CREST, ICE, UBS
- 3 years + experience within an operational wealth platform team
- CISI qualification
Benefits
- Competitive salary inclusive of discretionary annual bonus & annual pay review
- Work Abroad Policy for up to 15 days per year
- 25 days holiday plus bank holidays and additional well-being day
- Option to purchase an additional 5 days holiday per year
- Flexible working options available, including hybrid working (typically 3 days in the office and 2 days from home per week)
- Pension scheme up to 10% employer contribution
- Sharesave scheme
- Income Protection & Life insurance (4 x salary core level of cover)
- Private health care via BUPA
- Employee Assistance Programme
- Discounted Gym Membership
- Variety of travel to work schemes
About Us
At Close Brothers Group, we look to recruit individuals from all different backgrounds and encourage you to apply even if you don't tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
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