Corporate Actions Analyst

Working within a team environment, responsible for corporate actions processing support for securities held in client accounts. Manages daily processing flow, analyzing reporting and resolving exceptions in a timely basis. Strong attention to detail and problem resolution skills are critical to succeeding in this position.

Corporate Actions and Income Processing supports the corporate action, class action, proxy, dividends, and fixed income functions for the Key Private Bank and Institutional Advisors. This department is expected to ensure a high level of client service while also ensuring that risks to the organization are mitigated.

• Performs a variety of analytical functions associated with the processing of corporate actions on our custody system, Global Plus. Processes voluntary corporate actions such as conversions, consent solicitations, exchanges, mergers, optional dividends, puts, rights offerings, tender offers, and warrants. Processes mandatory corporate actions such as spin-offs, name changes, bankruptcies, reorganizations, rights redemptions, bond defaults, and worthless assets.

• Processes these corporate actions in a timely and accurate manner to limit liability to the corporation in a highly sensitive area.
• Prepares client notification of pending corporate actions. Communicates information to administrative officers and investment managers to allow various parties to make informed investment decisions. Follows up with account officers to ensure timely processing of client elections.
• Supports and backups the processing of income derived from equities, limited partnerships, and fixed income securities such as as bonds, certificates of deposit, collateralized mortgage obligations, and mortgage-backed securities.
• Supports daily balancing of bond maturities and redemptions.
• Supports research on class action payments received for closed trust accounts.
• Analyzes information received and performs a variety of accounting, control, and processing functions leveraging knowledge of generally acceptable accounting principles and securities industry procedures to properly accomplish underlying transactions.
• Resolves exceptions resulting from internal processing to affect accounting entries in a timely and accurate manner, while limiting liability to bank.
• Maintains detailed, accurate, and organized files.
• Reviews work processes for opportunities for improvement. Initiates, develops, and implements process improvements.
• Participates in annual review and update of procedures. Assists in development of detailed desktop procedures and process flows for process changes and implementation of new processes
• Cross-trains on other unit desks to expand knowledge base and to assist with open desk coverage.

• Four-year degree in Business or Finance or equivalent work experience. Industry experience or related analytical work experience is helpful.
• Strong analytical and organizational skills.
• Strong detail focus.
• Proven ability to work independently and with limited supervision.
• Excellent research and problem-solving skills.
• Ability to work in a team environment.
• Ability to Deliver the Key Difference through strong client focus and service.
• Strong work ethic.
• Excellent written and verbal communications skills.
• Good time management skills and the ability to focus on multiple tasks.
• Proven ability to adapt as organization, business environment and/or customer expectations change.
• Ability to learn detailed processes quickly and function independently with limited supervision.
• Proficient with the following applications: MicroSoft Word, Excel, Access, Lotus Notes

Key has implemented a role-based Mobile by Design approach to our employee workspaces, dedicating space to those whose roles require specific workspaces, while providing flexible options for roles which are less dependent on assigned workspaces and can be performed effectively in a mobile environment. As a result, this role may be mobile or home based, which means you may work either at a home office or in a Key facility to perform your job duties.