Corporate Actions Analyst
Groupe Crédit Agricole
Job description
Summary
Within Capital Markets Operations (CMO), a corporate action is a significant event initiated by a company that affects its shareholders and changes the value or number of shares. These actions are approved by the company's board of directors and can be either mandatory for shareholders or voluntary, giving shareholders a choice to participate. Examples include dividends, stock splits, mergers, acquisitions, and rights issues
Key Responsibilities
- Processing events: Managing and executing both mandatory and voluntary corporate action events, including dividends, mergers, stock splits, and bankruptcies.
- Client support: Advising clients on events, handling their inquiries, and ensuring entitlements are processed correctly.
- Reconciliation: Reconciling cash and stock differences to ensure accuracy and resolve discrepancies.
- Risk management: Monitoring for operational risks, maintaining control reviews, and implementing risk mitigation strategies.
- ANOUNCMENT: Creating and announcing all Voluntary and Mandatory Reorganizations event to Custody and Inventory accounts.
- Processing payments: Calculating, recording, and distributing dividends And Coupons to shareholders accurately and on time.
- Data verification and reconciliation: Ensuring accuracy of dividend data, verifying stock ownership on the record date, and reconciling accounts.
- Shareholder support: Responding to shareholder inquiries, resolving issues, and providing information on their accounts.
- Record keeping: Maintaining accurate and up-to-date records of dividend and Interest payments and shareholder information.
- Procedural support: Developing and documenting procedures, and performing administrative tasks like data entry, filing, and preparing documents.
Management and Reporting: Reporting to the Manager of Corporate Actions
Key Internal contacts:
- CMO NY/Paris: Back Office FX-MM, Back Office Securities, Middle Office (Treasury, Credit, FX, IRD), Back Office Derivatives, Middle Office Securitization, Collateral and MtM Client, Control and Reconciliation, other CMO projects teams (CMP Paris, AOP HK).
- NY departments: Front Office, Permanent Control, IT, BCP, Finance, Risk, Audit
Key External contacts:
- System Vendors
Salary Range: $95k-$120k
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