Senior Corporate Actions Analyst

Job Description

The Sr. Analysts are responsible for the corporate actions Research and evaluate corporate action information pertaining to Mandatory Corporate actions from various external sources on a daily basis for all the securities invested. The Sr. Analyst will leverage various market sources and internal contacts to understand, validate, and update the corporate action information databases and ensure information is entered and distributed in a timely and accurate manner along with ensuring no adverse NAV or Financial impacts. He needs to have complete understanding of pricing, quantity and cost implications due to the corporate action on the security or securities. The Sr. Analyst will support our internal office clients by hosting all corporate action related inquiries, managing event deadlines, and partnering with different facets of the organizations and ensure accurate & timely updates are made in each appropriate system and share relevant information when needed/requested with the impacted teams. The Sr. Analyst will have to build strong contacts with our external sources like custodians, issuers, market vendors & contact various company investor relationship teams.What are the ongoing responsibilities of theSenior Corporate Actions Analyst Global Corporate Actions services Production Processing:

• Researching, validating and processing corporate action information from various external sources on a daily basis within our internal systems.
• Track all outstanding Mandatory corporate actions and capture all market updates while maintaining a thorough understanding of the event and company intent.
• Support all impacted stakeholder (front office clients, downstream accounting and reporting, and other investment operation teams) by answering all inquiries timely and accurately.
• Keeping abreast of and implementing changes in the daily corporate action procedures, the market practices and general rules and regulations to ensure that capital change information is distributed in a timely and accurate manner.
• Maintaining corporate action information databases and ensure information is entered and distributed in a timely and accurate manner. Ensuring all updates are made in each appropriate system.
• Analyzing and following-up on the proper action to resolve pending Corporate Action problems.
• Researching and evaluating late corporate action information from various external sources. Contacting external sources when needed.
• Coordinate with other operational facets to ensure that corporate action entitlements are reflected timely in the portfolios and to mitigate any potential NAV or reporting impacts.
• Collaborating with downstream processes and other IO Sites and external sources to ensure that their queries are answered in the appropriate manner & in a timely fashion.
• Maintain corporate action database and clear all system triggered checks and ensure safeguards and controls are properly followed.
• All the updates to the procedures should be well maintained & stored at a place from where team should be able to access the data.
• SPOC for process related queries in absence of Supervisor

Audit:

• Verification of all Mandatory Corporate actions details entered by peers in the appropriate system is accurate.
• Ensuring FX rates pertaining to Cash dividends are correctly updated.
• Ensures that all the audits are performed accurately so that we do not have adverse NAV or Financial impacts

IO COAC Dept. Projects:

• Identifies opportunities for process improvements and works with the Team and Supervisor to implement them.
• Participates on project teams as a Corporate actions subject matter expert; defines requirements and completes user acceptance testing for Trust technology enhancements
• Works with technology staff and/or vendors to resolve issues and/or implement technology changes
• Should be able to complete all the testing within the deadlines & help other team members as well, during the testing phase.
• He should be able to make informed decisions during the calls & has to ensure for complete correctness of the data provided/confirmed.

,What ideal qualifications, skills & experience would help someone to be successful

• Strong working knowledge of Corporate actions with exposure to interaction with custodians, market vendors like Bloomberg, Interactive Data, companies understanding of impact on funds
• Understanding & working Knowledge of SWIFT messages standards
• Strong knowledge of Accounting
• Strong knowledge of Mutual Funds Industry & securities trading procedures
• MBA with specialization in Finance
• Corporate action related Audit & compliance exposure
• Exposure of working on medium size projects

NOTE: The above statements are intended to describe the general nature and level of work being performed by incumbents. They are not intended to be an exhaustive list of all responsibilities, duties and skills required by all incumbents. Incumbents may perform other duties as assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Management retains the right to add to or change the duties of the position at any time.What makes Franklin Templeton Investments unique In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.Highlights of our benefits include:

• Professional development growth opportunities through in-house classes and over 150 Web-based training courses
• An educational assistance program to financially help employees seeking continuing education
• Medical, Life and Personal Accident Insurance benefit for employees.
• Medical insurance also covers employee s dependents (spouses, children and dependent parents)
• Life insurance for protection of employees families
• Personal accident insurance for protection of employees and their families
• Personal loan assistance
• Employee Stock Investment Plan (ESIP)

Keyskills :
ideal fx isit campus cash access div set house checks