Business Analyst III
New York, NY
Voluntary Corporate Actions Team role
The Voluntary Corporate Actions Department is responsible for managing and controlling high levels of risk and liability inherent in the various functions with voluntary corporate actions. The incumbent is responsible for voluntary corporate actions custody functions (Fixed Income and Equities) related to US, Canadian and Latin American securities. S/He will be responsible for processing complex/high volume voluntary corporate action events. This includes the daily interpretation and notification of corporate action events as well as the reconciling, monitoring, and posting of entitlements to the books and records. S/he will be responsible for soliciting and receiving responses from account client service teams/Investment Managers and trading assistants and for submitting these instructions to the depositories, agent, and/or brokers prior to established market deadlines. S/he will work on multiple various systems to perform corporate action processing. This includes creating announcements, sending client instructions, and understanding cash and security transactions. The incumbent is: responsible for reconciliations of cash, security, and suspense transactions, adhering to established policies and procedures, and is accountable for responding to customer (internal and external) inquiries in a timely manner.
" Previous experience of Voluntary Corporate Actions and Coupons
" Must be detail oriented, organized, and have the ability to work both independently and as part of a team in a fast paced, deadline driven, risk oriented environment.
" Customer service competency is a must with excellent written and verbal communication skills.
" Experience using Microsoft Office (Excel, Outlook, Word) is required.
" The candidate will require the ability to multitask and take ownership of complex issues, be required to meet deadlines as well as be able to work effectively as part of a team.
" Good analytical and mathematical skills are needed.
" Strong skills utilizing DTC (Depository Trust Company ) & Swift messaging for all anticipated voluntary corporate actions is required.
" The candidate must also be able to verify information, displays insight, discretion and good judgment in making decisions and highlighting problems to management.