The Department
The Operations Department is one of the key support functions of the business. It is comprised of five smaller departments, each specialising in different elements of the post trade environment. The teams are responsible for Settlements, Asset Servicing, Investment Operations Support, Client Lifecycle Management and Operational Control.
The Asset Servicing function of the Operations department is responsible for the following:
- Processing UK & International Corporate Actions, Dividends and Coupons
- Maintaining and updating the dividend/coupon records
- Identifying and settling market claims for dividends and coupons
- Review event detail from numerous internal and external sources
- Undertake daily cash and stock reconciliations
Role Responsibilities
Responsibilities and tasks include, but are not limited to:
- Perform the end-to-end processing of UK and International Corporate Actions, including dividend and coupon events, ensuring accuracy and timeliness
- Efficiently monitor and resolve internal and external cash and stock discrepancies
- Review event detail from numerous internal and external sources
- Managing the Corporate Actions and Dividends mailboxes
- Maintaining and updating the dividend/coupon reconciliation spreadsheet
- Identifying and settling market claims
- To communicate directly with counterparties, custodians and clients as required
- Escalate any issues immediately
- Investigate Aged Corporate Action bookings
- Responsible for investigating unlisted and delisted stocks
- Proactively look for improvements around processes, controls and efficiencies
Job Requirements
- Good communication skills to clearly articulate issues and ideas, and to elevate problems to the appropriate level of responsibility
- A self-starter, able to act independently on own initiative as and when required
- Minimum 5 years experience in Asset Servicing
- Understanding of market risk
- Crest GUI experience
- Advanced Microsoft Excel Knowledge
- Understanding of BNP platform Neolink is advantageous
- Understanding of ProxyEdge is advantageous
