Corporate Actions Manager
1 day ago
**Job Title/Location**: Corporate Actions Manager, Surrey/WFH
- **Salary**: £negotiable + average bonus c.15% (£9,000) + pension contribution to 13% (c.£7,800)
- **WFH**: Average working week of 1-2 days office, 3-4 days WFH
- **Requirements**: Previous corporate actions experience within an asset management environment
- **Role Snapshot**: In addition to typical managerial responsibilities re training, appraisals etc, this role will see you assisting with the definition of the Corporate Actions support model and once the Brokerage proposition goes 'live’, takeon full BAU ownership of the function
**The Company/Team**: This company has a great reputation for developing people within Financial Services and they are going through a sustained period of expansion, which started in 2020.This is a function containing some 220 people spreadacross Europe, North Africa and the Far East, processing 240 corporate action events per month as well as pricing 10,500 securities and settling 3,500 trades every day. A busy and supportive working environment. This part of the function numbers a team of6 that would report into you and the work split is around 70% technical/30% management & escalation.
**The Role**:This role will focus on performing some of the checks in the Corporate Actions group including validating entries in the Books and Records system, providing support, guidance and direction to the Analysts/Senior Analysts in theteam as well as assisting the Head of Brokerage Operations in people and team development. Your key responsibilities include:
- Reviewing corporate action scenarios to be tested on the Investment Platform, and the execution of these tests
- Reviewing departmental procedures and the ongoing ownership of those procedures
- Supporting continued Operational Readiness within Corporate Actions
- Providing Industry Experience and best in class direction
- Initiation and monitoring of notifications to Clients including Advisers and subsequent Instructions to their Market Broker/Custodian
- Act as an escalation point in respect of queries arising from the Corporate Actions Team and escalating where necessary
- Help oversee the team’s Custody reconciliation breaks resultant from corporate actions of dividend activity, both cash and stock, ensuring timely and accurate resolution
- Participation in key departmental projects including ownership of department led initiatives
**Experience/Skills Required**: For this Corporate Actions Manager role, you must have proven corporate actions experience with asset management - this should include previous exposure to Corporate Actions processing, knowledge of CREST andpreviously working with Custodians.
**Additional Information**:The salary is negotiable with an average bonus of c.15% (c.£9,000) and a company pension contribution to 13% (£7,800). There is an excellent benefits package and genuine chances to progress within a company well knownfor developing people.
**_The Corporate Actions Manager _**_**position is one of a number of vacancies we are handling. ARC is a specialist within Financial Services recruitment and the Consultant handling this role has over 25 years of experiencein this field. Areas of expertise include IFA Administration, compliance, customer services, pensions admin/technical roles, mortgage administration, paraplanners, marketing, underwriters and IT related roles. Check the website and feel free to call DarrenSnell at any time.**_
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