Corporate Actions - London, United Kingdom - Walker Crips

Walker Crips
Walker Crips
Verified Company
London, United Kingdom

1 month ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

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 reconciled and processed to client accounts in a timely manner.

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


Key Accountabilities/Responsibilities:


  • Capture information pertaining to voluntary and mandatory corporate actions and company meetings. Update the firms systems accordingly ensuring clients are provided with all salient details as soon as possible.
  • Reconcile entitlements and client elections.
  • Send instructions on voluntary corporate actions and company meetings to our custodians.
  • Process all corporate actions impacting securities held by our clients.
  • Process requests to participate in placings ensuring the required documentation is completed and instructions are sent to, and settle with, the counterparty.
  • Assist with the closure of corporate action files ensuring the event has been correctly processed and all necessary backup documentation created and retained in the event folder.
  • Ensure disclosure requests received under section 793 and SRDII are captured and responded to within the stated or regulatory deadline.
  • Reconcile and process all income payable to our clients including cash, accumulation and reinvestments as per the team's procedures.
  • Ensure tax vouchers from registrars/custodians (physical or electronic) are received, processed and correctly filed.
  • Investigate and resolve all income related reconciliation breaks, including unit differences, along with any other income related queries.
  • Identify, manage and process dividend claims.
  • Instruct and process dividend related FXs.
  • Record, bank and process dividend cheques.
  • Ensure the teams procedure documents are complete and accurately reflect the current process.
  • Assist with the annual procedure document review.
  • Be aware of the team controls. Highlight issues where you believe processes lack sufficient control or the existing control is no longer fit for purpose as processes and business requirements change.
  • Suggest system/process enhancements and/or changes to improve current processes.
  • Strive to reach maximum scores on the team's skills matrix. Escalate any issues or concerns as they arise.

Person Specification/Skills:


  • Selfstarter with a dynamic, proactive "can do" attitude.
  • Enjoys working as part of a team.
  • Highly organised with a strong attention to detail, with particular focus on accuracy and numeracy ability.
  • Good written and verbal communicator.
  • Be able to work effectively during pressure periods while prioritising and multitasking.

Education/Experience:


  • Previous experience working in a Corporate Actions or Dividends 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.
  • Selfsufficient with the ability to prioritise and multitask.
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