Senior Corporate Actions Administrator
Location: Edinburgh
THE COMPANY
A leading Investment Management group are looking for a Senior Corporate Actions & Income Administrator to join a team who have a wealth of experience. This is a progressive organisation offering an excellent career path in an expanding business.
EXPERIENCE AND SKILLS REQUIRED
In order to be considered for this role, you should meet the following criteria:
* Have 5 years of Corporate Actions experience
* Experience of Dividends processing
* Controls
* Proxy Voting
THE ROLE
Reporting to Operations Manager, you will join a proactive operations department
Responsibilities include:-
* Corporate Action Announcements - Review and analyze new / updated Corporate Action announcements - Maintain and review corporate action diary Duties
* Processing - Process / authorize Corporate Actions - Support / authorization of Corporate Action Instructions with custodians. - Processing of monthly/quarterly cash distribution, including accumulation payments to clients - Processing of client interest calculations. - Maintain, review, complete sale order for fractional shares resulting from Corporate Actions for pooled positions. - Process Pooled daily Dividends (UK & Intl), Income cash payments & authorize daily Dividend reconciliations. Duties
* Controls - Daily / weekly checks and controls – month end checks for static data on Dividends (rates, yields etc…) for valuation purposes. - Post reconciliation of Corporate Actions - Ensure income standing instructions are in place for new segregated clients. - Check and review in-house fund distributions - Checking end of day cash movements on client portfolios within proprietary system. Duties
* Proxy Voting - Process adhoc Proxy Voting requests and maintain reports - Ensure Proxy account opening with vendor
* Weekly monitoring of queries, chasing Custodians where necessary Duties
* Validation of monthly, quarterly, annual tax vouchers. Duties
* Maintain and update department procedures.