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Overall purpose of job
Perform manual validation of financial announcements (e.g., cash dividends, stock splits, mergers, tenders, etc…) and modify/create Corporate Action events based on review of automated/non-automated sources.
Responsibilities/Authorities
Validate, compare, and analyze financial announcements from multiple vendor sources
Ensure that the state of each record for each announcement becomes both clean and complete and ready for approval
Add data to incomplete records and resolve in-conflict records using all available sources (e.g., data vendors, web sites, investor relations departments, stock exchange notices)
Makes calls/inquiries to paying agents, depositories, companies to acquire/confirm data
Gather and review Custodian data, using automated and manual means (i.e., swifts, email and telephone)
Research all announcement cancellations
Prepare audit trail of actions taken and file/record supporting documentation
Research requests and provide product/referential data support
Stay current with ongoing procedural changes