Corporate Actions Specialist
Banking operations processing Permanent contract Montreal, Quebec, Canada Reference 24000QDF Start date 2025 / 01 / 06 Publication date 2024 / 11 / 06
Responsibilities
ABOUT THE JOB :
The aim of Global Banking Technology & Operations (GBTO) Canada is to deliver day-to-day services to Société Générale investment and corporate bank units and their clients to accelerate their transformation.
GBTO differentiates itself from competitors with the pace of the agile transformation delivered, spreading the technology and data culture, shortening the decision-making process, and adopting a true industrial approach, leveraging on different teams either transversal or aligned to the different sub business units.
The Corporate Actions Processing team GBTO department is dedicated to overseeing and managing corporate actions for a wide array of financial instruments.
The team ensures timely, accurate, and compliant processing of corporate events such as dividends, rights issues, stock splits, mergers, acquisitions, and other voluntary actions.
Collaborating closely with internal and external stakeholders, the team is committed to maintaining high standards of service, mitigating risk, and enhancing operational efficiency through continuous process improvement.
What will be your DAY-TO-DAY?
- Monitor and manage corporate action events, including dividends, rights issues, stock splits, mergers, acquisitions, spin-offs, income events, and voluntary events ( and international).
- Ensure accurate and timely processing in line with regulatory requirements and internal policies.
- Analyze corporate action data and reports to ensure accuracy and completeness.
- Perform reconciliation of corporate action events and resolve discrepancies.
- Communicate with internal stakeholders regarding corporate actions, providing updates and resolving inquiries.
- Ensure compliance with relevant regulations and industry standards; maintain knowledge of regulatory changes affecting corporate actions.
- Prepare and review documentation related to corporate actions.
- Generate and distribute reports on corporate action activities to stakeholders, including KPI and KRI reporting.
- Investigate and resolve issues related to corporate actions, including discrepancies and exceptions.
- Coordinate with external parties, such as custodians and brokers, to address and resolve issues.
- Utilize corporate actions processing systems (Euroclear, CDS, SWIFT, and DTCC) to manage and track corporate action events.
- Ensure system accuracy, perform regular system updates and maintenance.
- Manage corporate actions related to loan and fail transformations.
- Identify and recommend process improvements to enhance efficiency and accuracy.
- Implement best practices and contribute to developing new procedures.
Profile required
Skills and Qualifications :
Must Have :
- Minimum of 3 years of experience in corporate actions processing or a related financial services role.
- Proficiency in financial software and systems related to corporate actions; strong knowledge of DTCC and Euroclear CA processes and systems.
- Strong understanding of financial instruments, securities, and market practices.
- Strong analytical and problem-solving skills with attention to detail; ability to interpret complex data and provide accurate insights.
- Excellent verbal and written communication skills; ability to effectively communicate with clients, stakeholders, and team members.
- Strong organizational and time-management skills; ability to manage multiple tasks and priorities in a fast-paced environment.
Languages : French and English
Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States .
Due to US Federal Securities law applying to this position, candidates who will apply for this position will be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ( FINRA ).
Why join us
OUR BENEFITS :
WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE
Competitive compensation & benefits offering, including but not limited to :
Minimum of 20 Vacation days + 4 personal days Supportive Maternity, paternity, parental and adoption leave policy Health spending ($2,000 / year) and personal spending ($1,000 / year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.
Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family
- Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.
- A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)