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The role is within the Asset Servicing group which is a high-risk function and part of the Markets Operations division. Asset Servicing is represented globally across the NAM, EMEA and APAC regions. It is one of the highest risk areas within operations. The unit provides client-orientated support to both the front and middle offices and utilises all processes of the other areas of operations. The department supports Prime Brokerage, Stock lending, Firm trading desks, Repo and swaps for both Equity and Fixed Income. The Asset Servicing Senior Analyst is a seasoned professional role. Applies in-depth disciplinary knowledge, contributing to the development of new techniques and the improvement of processes and work-flow for the area or function. Integrates subject matter and industry expertise within a defined area. Requires in-depth understanding of how areas collectively integrate within the sub-function as well as coordinate and contribute to the objectives of the function and overall business. Evaluates moderately complex and variable issues with substantial potential impact, where development of an approach/taking of an action involves weighing various alternatives and balancing potentially conflicting situations using multiple sources of information. Requires good analytical skills to filter, prioritize and validate potentially complex and dynamic material from multiple sources. Strong communication and diplomacy skills are required. Regularly assumes informal/formal leadership role within teams. Involved in coaching and training of new recruits.
Job Responsibility
Voluntary Corporate Actions Processing: Lead the end-to-end lifecycle management of voluntary corporate actions, including but not limited to tender offers, rights issues, conversions, share buybacks, exchange offers, and consent solicitations. This involves interpreting complex event details from custodians, Crest, Euroclear and issuer communications
Shareholder Election Management: Meticulously process and manage client elections and instructions for voluntary corporate actions, ensuring accuracy, completeness, and adherence to strict market deadlines. Proactively follow up on pending instructions
Risk Analysis and Mitigation: Conduct comprehensive risk analysis specific to voluntary corporate actions, identifying nuanced and positional risks. Calculate potential market exposure (including discount, liquidity and volatility impacts) and escalate risk events appropriately and promptly. Implement and maintain robust operational controls to minimize financial loss and reputational damage
Reconciliation and Exception Resolution: Perform daily reconciliations of voluntary corporate action positions and entitlements
Investigate and resolve variances and mismatches with custodians, internal accounts and other broker-dealers
Communication and Stakeholder Interaction: Coordinate the efficient flow of information between a diverse range of internal and external stakeholders, including front office, middle office, settlements, tax, custodian banks and client-facing teams
Articulate complex corporate actions to stakeholders and represent the business effectively
Operational Excellence and Process Improvement: Drive continuous process enhancements, identify efficiency savings and conduct root cause analysis on recurring exceptions related to voluntary corporate actions
Propose and implement sustainable solutions, leveraging automation technologies where appropriate
Project Participation: Actively participate in or lead projects aimed at improving efficiency, reducing risk and enhancing operational processes specifically within the voluntary corporate actions domain, including system testing and migrations
Requirements
Relevant corporate Actions experience
Experience in Voluntary Corporate Actions in a broker dealer environment is ideal
Able to perform multiple tasks and work towards multiple deadlines
Able communicator who is articulate and concise and can demonstrate strong written and verbal communication skills
Comfortable working in a team environment and using own initiative in recommending improvements to existing processes
Able to drive own performance and willing to learn
Can manage time effectively
Proficient in MS Office (Excel and Word)
Ability to partner with other teams to provide innovative solutions
Strong risk management and control mind-set
understanding of the critical risks and necessary controls related to corporate action processing
Ability to establish and build trust with professionals throughout the business with a clear client orientation
Strong awareness of both external and internal best practice perspectives, maintaining a balanced and fresh viewpoint
What we offer
Generous holiday allowance starting at 27 days plus bank holidays
increasing with tenure
A discretional annual performance-related bonus
Private medical insurance packages to suit your personal circumstances
Employee Assistance Program
Pension Plan
Paid Parental Leave
Special discounts for employees, family, and friends
Access to an array of learning and development resources