At a Glance
- Tasks: Manage Corporate Actions, support trading teams, and ensure accurate reconciliations.
- Company: Dynamic financial firm in London with a focus on innovation.
- Benefits: Competitive salary, flexible working hours, and opportunities for professional growth.
- Why this job: Join a fast-paced environment and make a real impact in the finance sector.
- Qualifications: 5+ years in Asset Servicing, strong Excel skills, and knowledge of Corporate Actions.
- Other info: Collaborative team culture with a focus on continuous improvement and learning.
The predicted salary is between 60000 - 80000 £ per year.
Overview
Hiring Department/Group: Operations & Middle Office
Office Location: London
Job Function Summary
The Operation Specialist will be responsible for monitoring, coordinating, booking and communicating all Corporate Actions to the relevant trading teams. Further they will have daily responsibilities revolving around desk support, same day trade matching, full reconciliations and PM/broker/counterparty queries as well as ad-hoc PnL issues relating to corporate action bookings and entitlements.
Principal Responsibilities
- Actively managing the Corporate Action process for the EMEA markets across all event types
- Interacting with trading groups across multiple strategies accommodating their specific requirements, as well as several Prime Brokers (PBs) and potential vendors
- Processing cross-border deals and understanding mechanics on such deals including funding queries, FX risk and PnL exposure
- Able to actively monitor and process paydate process including bookings made to internal lines, pricing appropriately and working with PnL / valuation teams
- Intraday trade monitoring - working with PMs/Execution desk/IT to ensure correct capture
- Mitigating risk by ensuring timely completion of daily trade / cash / position / market value reconciliations.
- Working closely with operations team based in India and acting as a focal point for Corporate Action related queries
- Educate and assist team members on all asset servicing issues
- Act as a primary contact for all EMEA related asset servicing queries and issues
- Assist the development of proprietary systems. Continuous improvement of current systems working alongside regional teams and business analysts / technology
Qualifications / Skills Required
- 5+ years relevant experience in Asset Servicing/Corporate Action team and/or equity operations/ support
- Strong knowledge of Corporate Actions processing from front to back.
- Must have a practical working knowledge of equity swap mechanics in a Buy vs Sell side environment
- Excellent excel skills and familiarity with SQL / Python
- Ability to implement and maintain new systems, procedures, and controls
- Strong and confident communication and interpersonal skills with clear ability to be able to face off to the trading desk and PMs
- Must be able to work under pressure and meet strict deadlines
- Omgeo / CTM / CTC / Traiana experience desired
- Detail oriented; Demonstrates thoroughness and strong ownership of work
- Must be able to work independently using well-honed analytical skills and abstract reasoning
- Good team player with a strong willingness to participate and help others
- Able to prioritize in a fast moving, high pressure, constantly changing environment; Good sense of urgency
- Willingness to undertake new challenges and opportunities should they present themselves
Operations Specialist (Corporate Actions) employer: Millennium
Contact Detail:
Millennium Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operations Specialist (Corporate Actions)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and operations sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Corporate Actions and equity operations. Be ready to discuss your experience with specific examples. We want to see how you can bring your skills to the table and tackle challenges head-on!
✨Tip Number 3
Showcase your analytical skills! During interviews, highlight your ability to manage risk and perform reconciliations. Use real-life scenarios to demonstrate how you've successfully navigated complex situations in the past.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our company. Let’s get you that Operations Specialist role!
We think you need these skills to ace Operations Specialist (Corporate Actions)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operations Specialist role. Highlight your experience in Corporate Actions and any relevant skills like Excel, SQL, or Python. We want to see how your background fits with what we do!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills can benefit our team. Keep it concise but engaging – we love a good story!
Showcase Your Team Spirit: We value teamwork at StudySmarter, so don’t forget to mention your collaborative experiences. Share examples of how you've worked with others to solve problems or improve processes – it’ll make you stand out!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Millennium
✨Know Your Corporate Actions Inside Out
Make sure you brush up on your knowledge of corporate actions, especially in the EMEA markets. Be prepared to discuss different event types and how they impact trading strategies. This will show that you’re not just familiar with the theory but can apply it practically.
✨Showcase Your Technical Skills
Since the role requires strong Excel skills and familiarity with SQL or Python, be ready to demonstrate your proficiency. You might be asked to solve a problem or analyse data on the spot, so practice some relevant exercises beforehand to feel confident.
✨Communicate Clearly and Confidently
You’ll need to interact with various teams, so practice articulating your thoughts clearly. Use examples from your past experience where you successfully communicated complex information to non-technical stakeholders. This will highlight your interpersonal skills.
✨Prepare for Pressure Scenarios
Given the fast-paced nature of the role, think of examples where you’ve thrived under pressure. Be ready to discuss how you prioritise tasks and manage tight deadlines, as this will demonstrate your ability to handle the demands of the job.