Senior Analyst, Corporate Actions

at  Northern Trust Corp

Melbourne, Victoria, Australia -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate17 Jul, 2024Not Specified17 Apr, 2024N/AGood communication skillsNoNo
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Description:

About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
Role Summary
The Melbourne Corporate Actions team manage the end to end processing of complex corporate actions in the APAC region for global clients. The diverse team works closely with global counterparts to ensure our external clients can make informed and timely decisions by utilizing the information provided by the team.
As the Senior Analyst, you will be well versed in the end to end process of voluntary events such as capital raisings, tender offers and dividend reinvestment plans.
This role will report to Manager, Corporate Actions based in our Melbourne office.

What you will do

  • Researching and validating new voluntary corporate actions and creating an announcement to be released to our clients
  • Reviewing unelected balance reports and communicating with external clients and investment managers to obtain an election for domestic and international voluntary corporate actions
  • Instruct Sub-Custodians and/or agent of Fund Manager decision, effectively and accurately keep clients and fund managers informed of all actions at all times
  • Work under general supervision (but work independently most of the time), taking responsibility for processing all forms of corporate events and assisting with verification of corporate action processing.
  • Reconciling entitlements and posting to our client accounts
  • Client and Investment Manager query management
  • Ensuring day to day deliverables are met. Checklists are to be prepared and submitted to the next level on a daily basis
  • Identifying and resolving problems within established guidelines
  • Running and creating formal reports Provide day-to-day support and guidance to Corporate Actions Analysts, the Senior Analyst will support the Team Leader with respect to workflow distribution and ensuring the effective the use of staff resources
  • Ensure all cash and stock entitlements are fully reconciled and cleared from the SSR system, document and reconcile internal relevant suspense accounts
  • Identify, document and disseminate new procedures and controls
  • Carries 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 (but not a formal management role)
  • Technically sound in area of expertise and has broader knowledge of other areas
  • Delivers a work product that requires less revision
  • Able to facilitate discussions and reach decision

About You

  • 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
  • Be able to work as part of a team with minimal supervision
  • Relevant work experience in a similar role

Working with Us:
As a Northern Trust partner, greater achievements await. 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! Join a workplace with a greater purpose.
We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at
MyHRHelp@ntrs.com
.
We hope you’re excited about the role and the opportunity to work with us. 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

Responsibilities:

  • Researching and validating new voluntary corporate actions and creating an announcement to be released to our clients
  • Reviewing unelected balance reports and communicating with external clients and investment managers to obtain an election for domestic and international voluntary corporate actions
  • Instruct Sub-Custodians and/or agent of Fund Manager decision, effectively and accurately keep clients and fund managers informed of all actions at all times
  • Work under general supervision (but work independently most of the time), taking responsibility for processing all forms of corporate events and assisting with verification of corporate action processing.
  • Reconciling entitlements and posting to our client accounts
  • Client and Investment Manager query management
  • Ensuring day to day deliverables are met. Checklists are to be prepared and submitted to the next level on a daily basis
  • Identifying and resolving problems within established guidelines
  • Running and creating formal reports Provide day-to-day support and guidance to Corporate Actions Analysts, the Senior Analyst will support the Team Leader with respect to workflow distribution and ensuring the effective the use of staff resources
  • Ensure all cash and stock entitlements are fully reconciled and cleared from the SSR system, document and reconcile internal relevant suspense accounts
  • Identify, document and disseminate new procedures and controls
  • Carries 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 (but not a formal management role)
  • Technically sound in area of expertise and has broader knowledge of other areas
  • Delivers a work product that requires less revision
  • Able to facilitate discussions and reach decisio


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Melbourne VIC, Australia