Corporate Actions Processor (Associate)

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Job Code: 10896

Country: GB

City: London

Skill Category: Operations

Description:

Job title: Corporate Actions Processor

Corporate Title: Associate

Department: Operations

Location: London, UK

Company overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit .

Department overview:

Asset Services falls under the heading of Share Services Operations at Nomura. The Corporate Actions Department is responsible for all event types across all asset classes globally. Their remit covers all interested parties such as Proprietary Trading, Prime Brokerage, Stock Borrow Loan, Yield Enhancement and Synthetic Equity, Safe Custody and external counterparties who trade with Nomura. The department is responsible for each event throughout its life cycle, including the event notification, event management and reconciliation, response management, entitlement management and post pay date processing (posting entries to books & records, claims processing)

As the volume and value of the business supported by Corporate Actions grow, we are looking to deliver tactical and strategic solutions, which will enable us to successfully meet the challenges of high-risk deadline driven functions. This will allow the possibility of participating in project work.

Corporate Actions are increasingly used by our proprietary desk and client base as a method of generating revenues. Their ability to do so relies heavily on the service corporate actions provide.

The team covers all markets for both equity and Fixed Income events. Processors are responsible for all events (voluntary & mandatory) within their letter split.

Role description:

To process corporate events, both voluntary and mandatory from event capture through to event payment and closure, providing technical expertise across the events. To risk manage the events within the remit ensuring all events are covered, instructed, and reconciled. To provide input into the Corporate Action change management program.

• To accurately manage all corporate events under your remit from event capture to event closure in a risk controlled manner
• Interpreting complex global voluntary corporate actions and accurately reflecting the information in the form of an event notification
• Ensure all events are reconciled and processed on the key processing dates
• To ensure all deadlines are met and all instructions passed on the clients and Agent Bank in timely manner
• To ensure file is fully reconciled after the event and that all risk breaks are explained and cleared
• Maintain risk within the levels set by the management team
• Maintain client query levels within the SLA
• Provide input to and support of projects and business initiatives
• Make recommendations and implement process improvements
• Understand and prepare cross system reconciliations on large, complex positions
• Monitor incoming queries to ensure they are answered accurately and on a timely basis
• Initiating and documenting procedure enhancements.
• To provide a high level of service to our clients and trading books with regards corporate actions.
• To be willing to push boundaries with regards client service whilst operating in a risk controlled manner. To be a team player helping others w here required and taking on workload where appropriate

Skills, experience, qualifications and knowledge required:

Essential

• Strong technical knowledge of Corporate Actions processing across Equity and Fixed Income Instruments
• Demonstrated track record of managing risk across all aspects of Asset Services
• Experience with stock borrowing/ lending and repo trades within a corporate event
• Prime Brokerage and Securities lending experience
• Demonstrate full front to back processing of Corporate events.
• Experience with Easyway and Crest GUI
• Experience of Corporate Action Election Arbitrage
• Candidate should be proficient in front to back processing of corporate actions, be able to risk manage events and process the event from event capture to final reconciliation.
• Candidate should be able to recognise risk and escalate w here necessary to senior management
• Demonstrate good time management, ability to prioritise tasks and to meet deadlines
• Have strong interpersonal skills, ability to communicate at all levels
• Are comfortable with the demands of working in a pressurised environment
• Detailed level of understanding of Corporate Actions both voluntary and mandatory
• Control - exhibits an appreciation of the risk impact of actions undertaken. Strong risk management focus
• Displays a high attention to detail
• System Know ledge - ability to quickly learn new processing systems
• Understanding CA swift messages (MT564, 568, 599, 565 etc.)
• Prioritisation - ability to prioritise heavy workloads and work efficiently under pressure and stressful situations
• Analytical - Excellent reconciliation skills
• Ability to anticipate problems and potential risk
• Identifies weaknesses in processes and takes ownership for change
• Efficient time and risk management skills

Desirable

• Degree or equivalent qualification preferred but not necessary

Nomura competencies

Explore Insights & Vision

• Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.

Making Strategic Decisions

• Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.

Inspire Entrepreneurship in People

• Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.

Elevate Organizational Capability

• Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.

Inclusion

• Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.

Diversity & Inclusion

Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.

If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.

Nomura is an Equal Opportunity Employer