Department: Global Custody & Control Group
  
Main Responsibilities:
Equity and Fixed Income Corporate Action operations covering hedge fund clients trading a wide range of investment strategies and domiciled in a number of different tax jurisdictions.
Monitoring and diarising all voluntary corporate event deadlines based on SWIFT MT564, MT566 and MT568 messages received from the global custodian and clearing agents. Communicating and managing event deadlines with clients, both external and internal.
Reconciling SWIFT MT564 (notifications) received from the global custodian versus client positions held in back-office systems (client’s book of record).  Positions to be reconciled include long, short, borrowing and lending.
Responsible for managing claims process to the company’s stock lender provider(s) on behalf of customers which have borrowed positions over XD, This will involve close liaison with clients
Monitoring and diarising all corporate event instructions received from the stock lender to the company, and communicating instructions to clients.
Managing Proxy Voting service with custodian as required by customers
UK Corporate action SSN messages from CREST administration
UK and international dividend administration with objective of mandating all cash
Tax vouchers administration / Registrar liaison
Procedural & Control Compliance with creation, review and update of existing procedures
Increase levels of automation to eliminate manual input

Essential Skills & Experience:

Technical/Systems knowledge, Industry Knowledge, Person Skills, Number of years experience required 
Requirement to have extensive knowledge of equities markets in UK and International Corporate Actions. Experience in the following corporate events;
Cash dividends/DRIPs
Stock dividends
Bonus issues
Stocksplits/reverse splits
Rights issues
Mergers/acquisitions/tender offers/spinoffs
ADR conversions/creation
Convertible bond conversions/Warrant exercise
Bond redemptions
Requirement to work closely with Custodians / Lenders / Correspondents / Registrars / Client services

Requirement to work with the company in house system for trade capture. 

Requirement to work with Custodian settlements/corporate actions system
Requirement to work with external data vendors to capture, diarise, manage and distribute data to clients.

Requirement as a minimum to be proficient in the following software:-
CREST ‘GUI’ - PC EUCLID
SWIFT (ISO 15022) MESSAGING WITH EXPERT KNOWLEDGE OF MT564, MT566 AND MT568 FORMATS
MS WORD - MS EXCEL - MS POWERPOINT - MS ACCESS
LOTUS NOTES

Desirable Skills & Experience
 “good to haves”..

Knowledge of the fixed Income markets
Knowledge of CFDs, SWAPs

Position within Hierarchy:
Reporting to Supervisor – Corporate Actions