Intermediate Operation Lead - extensive knowledge of Corporate Actions. - 31733
Operation Lead
Location Address: HYBRID
Contract Duration: 10/18/2024
Story Behind the Need
• Business Group: GWO team works with the middle office functions. Currently they are running an audit remediation project.
• Project: The GWO team is looking for a skilled and detail-oriented Operations Analyst with extensive knowledge of Corporate Actions. In this critical role, you will join our dynamic team and be responsible for managing and analyzing complex corporate actions processes within the capital markets sphere. Your expertise will be pivotal in ensuring the accurate execution, compliance with regulatory requirements, and the efficient management of risk associated with these transactions
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Responsibilities:
• Conduct in-depth analysis of corporate actions, including mergers, acquisitions, dividends, and income claims to ensure accuracy, completeness, and compliance with relevant regulations.
• Utilize your comprehensive understanding of Corporate Actions and systems, including Broadridge BPS, DTC and CDS, to assess identified audit points and enhance current processes.
• Ensure risk inherent in corporate actions and other entitlements processing is understood, identified, and controlled through the maintenance of effective procedures & management controls including monitoring of control accounts to ensure outages have thorough explanations and steps to clear and regular review and challenge of existing procedures and control to ensure effectiveness
• Stay up-to-date with evolving regulatory requirements within the capital markets domain and ensure that all corporate actions are executed in strict compliance with these regulations.
• Collaborate with legal and compliance teams to interpret and implement regulatory changes affecting corporate actions.
• Manage and maintain corporate actions data, leveraging your expertise in industry-standard systems such as Broadridge and DTC.
• Ensure data accuracy and integrity, and develop robust data validation processes.
• Engage with cross-functional teams, including trading, operations, and compliance, to ensure Corporate Actions processes are being processed timely and accurately.
• Facilitate communication and collaboration between internal and external stakeholders, potentially utilizing internal systems/Euc’s to streamline processes and resolve discrepancies.
• Identify and assess potential risks associated with corporate actions, utilizing your expertise in risk management within capital markets and knowledge of relevant systems.
• Develop and implement risk mitigation strategies to avoid risk and prevent breaks.
• Prepare comprehensive reports and documentation related to corporate actions, ensuring clear communication of event details, impacts, and resolutions to stakeholders.
• Maintain an organized repository of corporate actions records and documentation.
• Ensure risk inherent in corporate actions and other entitlements processing is understood, identified, and controlled through the maintenance of effective procedures & management controls including monitoring of control accounts to ensure outages have thorough explanations and steps to clear and regular review and challenge of existing procedures and control to ensure effectiveness
Must-Have skills
• 5-7 years experience as an Operations Analyst
• Strong knowledge of related processing systems related to corporate actions/entitlements
• Prior Broadridge knowledge
• Prior DTS/CTS Depository experience
Nice to Have Skills
• Prior Scotia Experience
• Prior Broadridge knowledge
• Prior DTS/CTS Depository experience
Soft Skills
• Excellent verbal and written communication skills and the ability to negotiate, influence and interact professionally with a diverse group of Front Office Users, QAs, Developers, and SMEs
• Demonstrated knowledge of analytical problem solving and process engineering techniques (i.e. process mapping and analysis techniques)
• Result oriented, deadline driven, self-motivated
Education
• College or University degree (Business or Financial preferred)