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Senior Business Analyst, Corporate Actions
2 months ago
Northern Trust is a globally recognized, award-winning financial institution with a rich history dating back to 1889. As a Fortune 500 company, we provide innovative financial services and guidance to the world's most successful individuals, families, and institutions.
Role SummaryThe Melbourne Corporate Actions team is responsible for managing the end-to-end processing of complex corporate actions in the APAC region for global clients. This team works closely with global counterparts to ensure our external clients can make informed and timely decisions by utilizing the information provided.
Key Responsibilities- Research and validate new voluntary corporate actions, creating announcements to be released to clients.
- Review unelected balance reports and communicate with external clients and investment managers to obtain elections for domestic and international voluntary corporate actions.
- Instruct Sub-Custodians and/or agents of Fund Managers, effectively and accurately keeping clients and fund managers informed of all actions at all times.
- Work under general supervision, taking responsibility for processing all forms of corporate events and assisting with verification of corporate action processing.
- Reconcile entitlements and post to client accounts.
- Manage client and investment manager queries.
- Ensure day-to-day deliverables are met, preparing and submitting checklists to the next level on a daily basis.
- Identify and resolve problems within established guidelines.
- Run and create formal reports, providing day-to-day support and guidance to Corporate Actions Analysts.
- Ensure all cash and stock entitlements are fully reconciled and cleared from the SSR system, documenting and reconciling internal relevant suspense accounts.
- Identify, document, and disseminate new procedures and controls.
- Carry out complex activities with significant financial, client, and/or internal business impact.
- May have direct interaction with committees and/or Senior Management.
- Able to serve as a key subject matter expert and mentor to other more junior level employees.
- May manage daily operational activities and supervise day-to-day work of junior level employees.
- Functional Industry Knowledge: Understanding of Corporate Actions procedures domestically and ideally within APAC.
- Good oral and written communication skills.
- Core analytical and problem-solving skills.
- Strong attention to detail.
- Ability to innovate particularly across the technology and systems used.
- Ability to work as part of a team with minimal supervision.
- Relevant work experience in a similar role.
As a Northern Trust partner, you will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve.
We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.