Voluntary Corporate Action Elections Analyst

Bank of America; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global financial services provider is seeking a Voluntary Corporate Action Elections Analyst in London. The role involves understanding corporate actions, reconciling positions, and building relationships with stakeholders. Ideal candidates will have experience in the banking sector, strong communication skills, and the ability to work under tight deadlines. Competitive benefits and a focus on employee well-being are part of the offering.

Benefits

Private healthcare

Competitive pension plan

20 days of back-up childcare

Access to emotional wellbeing helpline

Volunteering opportunities

Qualifications

• Dividend or corporate actions experience ideally.
• Ability to work under pressure and to tight deadlines.
• Strives to bring new thoughts and ideas to teams.

Responsibilities

• Understand & correctly interpret information on corporate action events.
• Reconcile positions and accurately process events.
• Build relationships with key stakeholders.
• Answer incoming queries accurately and timely.

Skills

Knowledge of Banking / Financial services industry

Good problem-solving skill

Excellent communication skills

Attention to detail

Job description

Job Description:

Job Title: Voluntary Corporate Action Elections Analyst

Corporate Title: Officer

Location:London

Company Overview:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.

One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.

Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

Location:

Based just a stone’s throw from the magnificent St. Paul’s Cathedral is our London MLFC office, on bustling King Edward Street. Here you will find modern workspaces and a state-of-the-art auditorium space. In addition, we are proud to host an onsite restaurant that shares our commitment to sustainability by providing delicious seasonal menus that have been created with the planet in mind. Make sure to take time for yourself and head up to our rooftop gardens and take in the spectacular views across London. Finally, your physical wellness is well-catered for with our onsite gym facilities and onsite medical centre.

Job Description:

An exciting opportunity has become available within the Asset Services department. The department is responsible for Voluntary Corporate Action elections within EMEA markets. London Asset Services is a globally aligned function reporting to the Global Head of Asset Services. The department works closely with colleagues in London, US, and Asia Asset Services.

Asset Services play an important role in the life cycle of a trade and they work closely with other Operational teams and external parties to ensure risk on corporate actions is dealt with effectively. This role offers direct interactions with a variety of different lines of business (including Prime Broker, Equity Trading, Swaps, Stock Loan and Custody) and as such the ability to build and retain good relationships with these stakeholders is important.

Responsibilities:

• Understand & correctly interpret information on corporate action events received from various data sources
• Reconcile positions and accurately process events completed on the key processing date
• Build relationships with key stakeholders, including trading desks
• Answer incoming queries to ensure they are answered accurately and in a timely manner
• Review team processes and identify focus areas for potential improvement
• Maintain risk within the levels set by the management team

What we are looking for:

• Knowledge of Banking / Financial services industry
• Dividend or corporate actions experience ideally
• Ability to work under pressure and to tight deadlines and to work as part of a team
• Excellent communication skills, both written and verbal
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Ability to escalate issues and manage risk

Skills

• Attention to detail
• Good problem-solving skill
• Other Qualifications: ∙ Strives to bring new thoughts and ideas to teams in order to drive innovation and unique solutions
• ∙Excels in working among diverse viewpoints to determine the best path forward
• Experience in connecting with a diverse set of clients to understand future business needs – is a continuous learner
• Commitment to challenging the status quo and promoting positive chang
• Participate in and drive collaborative efforts to advance tools, technology, and ways of working to better serve an evolving client base
• Believes in value of diversity so we can reflect, connect and meet the diverse needs of our clients and employees around the world

Benefits of working at Bank of America

UK

• Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
• Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons.
• 20 days of back-up childcare including virtual tutoring and 20 days of back-up adult care per annum
• The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc
• Use of a flex fund to use towards benefits
• Access to an emotional wellbeing helpline, mental health first aiders and virtual GP services
• Ability to donate to charities of your choice directly through payroll and the bank will match your contribution
• Opportunity to access our Arts & Culture corporate membership programme and receive discounted entry to some of the UK and Ireland’s most iconic cultural institutions
• Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local area

Bank of America

Good conduct and sound judgment are crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnic or national origins, age, sexual orientation, socio-economic background, responsibilities for dependents, physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.

We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.