corporate action

Role & responsibilities

• Scrubbing and set up of Corporate Actions in operating systems (e.g. Picasso)
• Monitoring of Corporate Actions in all reliefs and identification of eligible global positions (Settled / Pending trades, SLAB)
• Permanent follow-up of events announcements, forecast and deadlines leading to an efficient management regarding scrubbing, notifications and bookings in our general books and recording systems (e.g. Calypso, Power, Picasso tools)
• Manage the election process for voluntary events in close relations with other teams of the GM CAIT department, compile aggregated instruction to be sent to agents / custodians and ensure good receipt.
• Strict follow-up of the expected proceeds / results at payment date, and follow-up controls in regards to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.
• Acting as a central point of contact for Corporate actions operations subject matters within BNP (across all functions) and outside (Custodian, Counterparties) and as an expert on Corporate Actions for client and business services.
• Ability to manage any Corporate Actions type on the overall scope of the team and to become expert on specific market rules
• Provide a regular report to hierarchy and being pro-active during all recurrent meetings (morning, weekly meetings, etc.)
• Participate actively to the continuous improvement of our process and systems (macros, UAT / tests, update of procedures, etc.)

Skills Required

set up of Corporate Actions, Picasso, Monitoring of Corporate Actions, voluntary events, follow-up of events announcements