Analyst, Corporate Actions Information

Analyst, Corporate Actions Information

Apply locations: Montreal - 1190 av. des Canadiens-de-Montreal

Time type: Full time

Posted on: Posted 2 Days Ago

Job requisition id: R-5318

Venture outside the ordinary - TMX Careers

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Department's overview

The Information Unit is responsible for gathering, analyzing, and managing all entitlement and corporate action related information of eligible securities at CDS and reporting pertinent information to CDS participants/subscribers for financial evaluation and appropriate actions.

In this role, you will be responsible for efficient and effective managing and reporting of entitlement and mandatory corporate action related information with a high commitment to maintaining an effective and cordial relationship with external and internal business contacts.

Key accountabilities:

• Analyze all information pertaining to entitlement distributions and mandatory corporate action events for reporting pertinent information externally to CDS participants/subscribers and internally to various support departments.
• Interact with Issuers/Legal Counsel, Transfer Agents/Paying Agents, and DTCC, as deemed necessary, to validate information details and clarify any legal/tax implications of all entitlement distributions and mandatory corporate action events.
• Ensure timely and accurate information reporting and distribution processing of entitlement and mandatory corporate action events through various systems and websites.
• Summarize and prepare Depository bulletins, where applicable, detailing all relevant information for dissemination to CDS subscribers within the established service level standard.
• Research and respond to all related queries/requests in a tactful, courteous and professional manner within a reasonable time frame ensuring customer satisfaction and resolution.
• Exercise good judgment to promptly resolve and/or escalate problems/discrepancies within established timelines and document clearly all occurrences and exceptions for future reference.
• Review procedures, guidelines and internal controls and recommend changes where appropriate ensuring operational excellence, risk mitigation and customer consideration.
• Perform additional tasks as assigned from time to time to maintain effective coordination and management of the unit.

Must haves:

• Post-secondary education in Commerce, Business Administration or Economics.
• 3 years relevant experience in the financial/securities industry specifically in the Entitlement and Corporate Action operation areas.
• Thorough understanding of security entitlement/corporate action procedures and depository operations including securities issuance and cancellation as well as DTC interface.
• Strong analytical and accounting skills to handle complex entitlement payments and finalize corporate actions.
• Excellent organizational skills to plan and prioritize tasks and projects, ensuring strict deadlines are met in a time-sensitive environment.
• Must be detail-oriented, adaptable and flexible to any situational changes that may impact the work environment.
• Excellent written and verbal communication, ability to write clearly and concisely and effectively interacts with external agencies through maintaining cordial relationships.
• Capacity to identify potential risks and present recommendations to mitigate them.
• Tactful and diplomatic in completing work activities by demonstrating urgency and sensitivity to users’ concerns/interests.
• Intermediate knowledge of EXCEL and other PC software systems (such as Word, PowerPoint and Google G Suite, etc.).
• Ability to identify discrepancies, exercise sound judgment and act decisively in resolving and/or escalating issues that may negatively impact the operations and company’s reputation.
• Display team spirit, honesty and respect in the workplace.
• Self-motivated and able to work with minimum supervision.
• Enjoy working in a fast-paced and varied environment.

Nice to haves:

• Canadian Securities Course
• Fluency in both French and English (written and spoken) is an asset, as this role involves regular interaction with partners and stakeholders in both languages.

In the market for…

• Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
• Connection - With site hubs in some of the world’s most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
• Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
• Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger “we”. Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
• Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.

Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX? Apply now.

Please note that our company is not currently sponsoring work permit applications and the applicant must be authorized to work in the country where this position is located.

TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.

Our Culture:

The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets.

United as a global team, we’re connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.

Ready to be part of the action?

Our Business:

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation Trayport and VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on Twitter.

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