Corporate Actions - IC1Responsible for mandatory and voluntary corporate actions custody functions for all organizational accounts
Receives guidance from more experienced staff
With guidance from more senior staff, responsible for processing basic mandatory and voluntary corporate action events (including the daily interpretation, monitoring, scrubbing and notification of corporate action events), processing liability notices, processing and allocating dividend interest payments and processing class action suits
Reconciles, monitors and posts entitlements to client accounts
Responsible for daily and monthly outlier review, research and documentation
Responsible for performing daily reconciliations for cash, security and suspense transactions as well as adhering to established quality control measures and procedures
Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub custodians and/or custodians
Works on multiple systems to perform corporate action processing, including creating and scrubbing announcements, sending client instructions to third parties, and, posting online cash and security transactions
No direct reports
May have people management responsibilities in some geographies
Contributes to the achievement of team goals and objectives
Bachelors degree in a related discipline or the equivalent combination of education and experience is required
0-3 years of total work experience preferred
Experience in financial services or corporate actions preferred
Applicable local/regional licenses or certifications as required by the business
