interactive investor

Senior Analyst – Corporate Actions

interactive investor

full-time

Posted on:

Location Type: Hybrid

Location: Manchester • United Kingdom

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Salary

💰 £32,000 - £36,000 per year

Job Level

Senior

About the role

  • The role holder is, under limited supervision, responsible for executing the timely and accurate end to end processing of all Corporate Action and Dividend events which have an impact on security positions held by our clients.
  • Manage the end-to-end corporate action event life cycle on capital and income events across UK and international markets and custody platforms (CREST, Aegon, UBS, FNZ, Direct Fund Managers) and Validations.
  • Analysis and interpretation of incoming market announcements from data vendors, creation of the event in our systems ensuring compliance with CASS, CRS , MiFID and consumer duty requirements.
  • Timely set up and distribution of event notifications to customers and acting on client elections accurately by acceptance deadline.
  • Ensuring corporate action entitlements are allocated to our customer accounts in an accurate and timely manner with correct book cost apportionment and subsequent post reconciliation tasks completed.
  • Maintenance of the Dividend Reinvestment (DRIP) programme and daily adjustment of firm prefunding requirements for dividends.
  • Own the end to end process of cross border events to ensure final settlement in the resultant market/custodian. Communication with other market participants concerning the timely settlement of market claims.
  • Processing of IPO events including elections and entitlements, and processing VCT applications when received from customers.
  • Processing of Accelerated Book Builds (out of hours where applicable) including elections and entitlements,
  • Processing proxy voting, ensuring accuracy and completeness and creating letters of representation to ensure customers are correctly represented at proxy events.
  • Identification and escalation of commercial opportunities through corporate action announcements.
  • Liaise with external counterparties and agents / internal departments at all levels and external correspondents as required.
  • Interact daily with Customer Services, handling all front office and customer queries in a timely and efficient manner to deliver a first class customer experience. This includes emails, FOBOW’s and Secure messages.
  • Maintain the first line of compliance defence by ensuring individual adherence to business processes and procedures that are designed to meet the regulatory standards set out in the relevant FCA rules and guidance, with particular reference to CASS regulation.
  • Completion of regular 1042 reconciliations working closely with key stakeholders including operational tax department and international and UK Custodians
  • Analysing operational processes, identifying and progressing opportunities for improvement.
  • Assistance with ad hoc and scheduled projects as required
  • Assist with system testing as required
  • Provide Management Information when required.
  • Performs other duties and responsibilities as assigned.

Requirements

  • Proven 3 Years+ experience in a corporate actions or dividend role including the ability to complete end to end processing of events.
  • Advanced analytical skills to interpret complex market, legal, tax, and company data relating to corporate events.
  • Full understanding of FCA rules including CASS , MiFID, Consumer Duty and CRS reporting
  • Full understanding of the financial and reputational risks associated with corporate action processing.
  • Ability to develop a strong and trusting relationship with key stakeholders and internal business units – another essential component of the role is dealing with ad hoc requests from a variety of different Business Units across the firm as and when they arise.
  • Advanced ability to effectively communicate; defined as communication that is direct, courteous, grammatically correct, clear, succinct, and business-like.
  • Advanced ability to exercise sound judgement to make logical decisions and know when to escalate issues. Credibly debate and challenge processes within your role in line with the approved Risk Appetite Framework.
  • Advanced ability to organise, manage, and track multiple detailed tasks and assignments with frequently changing priorities in a fast paced environment.
  • Approaches all situations with positive outlook, energy and enthusiasm with resilience , drive and initiative
  • Shows creativity and takes individual ownership for work quality and improvement
  • Ability to be vocal and promote own ideas and solutions to colleagues of all levels
  • Degree in Business or finance related discipline or Level 3 IOC (CISI) – Desirable.
Benefits
  • Group Personal Pension Plan – 8% employer contribution and 4% employee contribution
  • Life Assurance and Group Income Protection
  • Private Medical Insurance – Provided by Bupa
  • 25 Days Annual Leave, plus bank holidays
  • Staff Discounts on our investment products
  • Personal & Well-being Fund – Supporting your physical and mental wellness
  • Retail Discounts – Savings at a wide range of high street and online retailers
  • Voluntary Flexible Benefits – Tailor your benefits to suit your lifestyle
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
corporate actions processingdividend processingevent life cycle managementIPO processingVCT applications processingproxy voting processing1042 reconciliationsdata analysissystem testingevent notification distribution
Soft Skills
analytical skillscommunication skillsjudgmentorganizational skillsrelationship buildingcreativityinitiativeresilienceproblem-solvingadaptability
Certifications
Degree in BusinessDegree in FinanceLevel 3 IOC (CISI)