About the Role: Grade Level (for internal use): 09 Department Overview
The S&P's Managed Corporate Actions (MCA) service is a best-in-class centralized source of validated corporate action announcements. The service provides a centralized source of validated corporate action data for nearly three million equities, fixed income, and structured securities across more than 170 countries and territories. As financial firms face a deluge of raw information on corporate actions, the risks and costs associated with acquiring and managing this data are higher than ever. An investment decision based on poor data quality, in terms of both accuracy and timeliness, can have enormous ramifications, with potential exposure running into the millions of dollars.
The Managed Corporate Actions team validates data through an intricate and precise process of consolidating, researching, and validating announcement information. We enhance vendor records and resolve conflicting information with agents and custodians to provide clients with a single golden corporate action record through this validation process.
Managed Corporate Actions drives to reduce operational risk and lower ownership cost by providing shared industry services for buy side and sell side firms, central banks, regulators, auditors, and insurance companies.
Position Summary
The Corporate Actions analysts are responsible for using discretion and subject matter expertise to ensure that each composite record's state clearly and accurately defines the terms of the corporate action. This enables our clients to correctly pass notification on to their clients to conduct investment decisions and correctly allocate entitlements resulting from the corporate action.
A successful candidate must be highly intellectual, research-focused, and attentive to detail.
Essential job responsibilities include research, analysis, and validate the accuracy of announcements initiated by information received from suppliers.
This involves leveraging knowledge and expertise to determine the correct sources for the most comprehensive information, interfacing with agents, vendors, and clients to investigate scenarios that are often unique and require significant investigation to reach a correct answer.
The analyst role involves substantial contact with clients, who often request additional information and explanations from analysts around IHS Markit's decisions and guidance on handling and interpreting specific corporate actions.
Duties & Accountabilities
Review corporate action announcements and conduct research to obtain details required to validate and complete announcements for publication of composite records to clients;
Utilize various research sources (prospectuses, information circulars, exchange bulletins), including internet search engines and websites, to validate the corporate action;
Interface with Domestic and Foreign Paying/Transfer/Information Agents, Vendors, Custodians, Banks, Exchange Officials, and with high ranking Issuer Officers (CFO, CEO), including Legal Counsel to obtain corporate action specifics;
Interface with clients via phone and email timely and professionally;
Attend to client requests for additional information and explanations around specific corporate actions;
Review daily exception reports; research and resolve exceptions;
Maintain and update daily operating procedures and controls;
Organize and conduct quality assurance testing and special projects in partnership with Product Services teammates in other locations and with local technology counterparts;
Understand Service Level Agreements (SLAs) and their impact on revenue and operations
Education and Experience
2-3 years of relevant work experience in corporate actions and reference data
Fluency in Mandarin is essential - to research and support customers
In-depth knowledge of securities industry, equities and fixed income reference data and corporate actions
Strong research and data mining skills required
Knowledge of ISO/Swift feeds preferred
Knowledge of Excel and SQL preferred
Management Requirements
Experience partnering with global counterparts in various locations
Proven ability to partner with stakeholders across functions, such as Product Management, Operations, Technology, and Sales
Personal Impact Outstanding research skills and desire to conduct research to support judgment and decisions
High level of initiative and motivation
Detail-oriented
Strong interpersonal skills internally and with clients
Ability to learn quickly and adapt knowledge to varying circumstances
Strong propensity to work under pressure, handle multiple responsibilities requiring varied skillsets, and meet tight deadlines
Communication
Strong verbal, written and presentation skills for interactions with prospects, existing clients, vendors and internal stakeholders across IHS Markit's business units and global locations
Ability to be highly vocal and interactive
Teamwork
Strong team player with experience collaborating across multi-functional business units and managing change
Ability to work well both independently and as a member of a team
About S&P Global Market Intelligence
At S&P Global Market Intelligence, a division of S&P Global we understand the importance of accurate, deep and insightful information. Our team of experts delivers unrivaled insights and leading data and technology solutions, partnering with customers to expand their perspective, operate with confidence, and make decisions with conviction.
For more information, visit www.spglobal.com/marketintelligence .
What's In It For You?
Our Purpose: Progress is not a self-starter. It requires a catalyst to be set in motion. Information, imagination, people, technology-the right combination can unlock possibility and change the world.
Our world is in transition and getting more complex by the day. We push past expected observations and seek out new levels of understanding so that we can help companies, governments and individuals make an impact on tomorrow. At S&P Global we transform data into Essential Intelligence®, pinpointing risks and opening possibilities. We Accelerate Progress.
Our People: We're more than 35,000 strong worldwide-so we're able to understand nuances while having a broad perspective. Our team is driven by curiosity and a shared belief that Essential Intelligence can help build a more prosperous future for us all.
From finding new ways to measure sustainability to analyzing energy transition across the supply chain to building workflow solutions that make it easy to tap into insight and apply it. We are changing the way people see things and empowering them to make an impact on the world we live in. We're committed to a more equitable future and to helping our customers find new, sustainable ways of doing business. We're constantly seeking new solutions that have progress in mind. Join us and help create the critical insights that truly make a difference.
Our Values:
Integrity, Discovery, Partnership
At S&P Global, we focus on Powering Global Markets. Throughout our history, the world's leading organizations have relied on us for the Essential Intelligence they need to make confident decisions about the road ahead. We start with a foundation of integrity in all we do, bring a spirit of discovery to our work, and collaborate in close partnership with each other and our customers to achieve shared goals.
Benefits: We take care of you, so you can take care of business. We care about our people. That's why we provide everything you-and your career-need to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay, retirement planning, a continuing education program with a company-matched student loan contribution, and financial wellness programs.
Family Friendly Perks: It's not just about you. S&P Global has perks for your partners and little ones, too, with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awards-small perks can make a big difference.
For more information on benefits by country visit: https://www.spglobal.com/en/careers/our-culture/
Diversity, Equity, and Inclusion at S&P Global: At S&P Global, we believe diversity fuels creative insights, equity unlocks opportunity, and inclusion drives growth and innovation - Powering Global Markets. Our commitment centers on our global workforce, ensuring that our people are empowered to bring their whole selves to work. It doesn't stop there, we strive to better reflect and serve the communities in which we live and work, and advocate for greater opportunity for all.
Equal Opportunity Employer S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability, please send an email to: EEO.Compliance@spglobal.com and your request will be forwarded to the appropriate person.
US Candidates Only: The EEO is the Law Poster http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf describes discrimination protections under federal law.
