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Dexian · 1 day ago

Asset Servicing - Voluntary Corporate Actions Investment Analyst

Brooklyn, NY

Contract

Onsite

Mid Level

3+ years exp

Dexian is a Fortune 500 firm in Investment Banking, seeking an Investment Analyst for Asset Servicing. The primary responsibility of this role is to reconcile stock and cash discrepancies from corporate action events and ensure adherence to established procedures.

ConsultingHuman ResourcesInformation TechnologyProfessional ServicesStaffing Agency

Responsibilities

Monitor system queues for failed incoming SWIFT (MT565) and faxed client corporate action election instructions, and process them correctly to the next step in the workflow

Monitor queues for failed outgoing SWIFT (MT567) messages to local sub-custodians or markets, investigate basic issues, fix errors as per procedures, and reprocess messages before deadlines

Perform basic checks on corporate action event setups in internal systems and confirm eligibility prior to event deadlines

Review corporate action announcements, mainly Cash Dividend and Interest events from US DTC, and update or align event details in internal systems as instructed

Escalate any mismatches or issues to senior team members and work with internal teams, DTC, or vendors as required

Reconcile eligible positions and cash between the bank and local sub-custodians for corporate actions using MT564 (REPE/RMDR) messages or other information

Process and reconcile incoming MT566 or DTC CACO payment messages for corporate action entitlements

Assist with reconciliation of Nostro cash accounts and internal payables/receivables, and raise any breaks (including stock breaks from corporate actions) for investigation within defined SLA timelines

Follow standard operating procedures (SOPs), meet daily cut-offs, and maintain accurate records of all processing completed

Qualification

Corporate Actions processingSWIFT messagesMicrosoft ExcelCash transaction processingQuick learnerCommunication skillsDetail-oriented

Required

3 years of experience with Corporate Actions processing or Banking Custody

Familiarity with cash and stock transaction processing for Corporate Action events (particularly for Mandatory with choice events for Western hemisphere markets mainly US & Canada)

Strong Microsoft Excel (VLOOKUP, Pivot Tables, Charts, formulas, keyboard shortcuts, running MACROS to manage large sets of data)

College degree

Strong communication skills both oral and written

Strong ability to read and execute detailed operating procedures

A quick learner with the capability to understand various processing applications and payment systems