Equity Index Operations - Corporate Actions Specialist

About Scientific Beta

As part of its policy of transferring know-how to the investment industry, EDHEC-Risk Institute (part of EDHEC Business School) established Scientific Beta as an autonomous company in 2012. In its original form, Scientific Beta aimed to foster the adoption of the latest advances in smart beta design and implementation by the investment industry.

The company has since evolved to being the one of the most trusted sources of scientific investment insights and robust institutional index solutions for the ultimate benefit of asset owners. The company offers both core index solutions – single factor and multi-factor indices, low carbon and ESG indices, and macroeconomic factor equity indices – for asset owners and satellite index solutions for asset owners via asset management partnerships.

In 2020, the Singapore Exchange (SGX) acquired a majority stake in Scientific Beta. SGX continues to maintain the strong collaboration with EDHEC Business School, in addition to the principles of independent, empirical-based academic research, that has benefited Scientific Beta’s development to date.

As at the end of 2021, assets tracking Scientific Beta indices were in excess of USD 60 billion. In 2022, Scientific Beta was recognised as the world's “Best Specialist ESG Index Provider” at the ESG Investing Awards by an independent jury of ESG professionals.

To strengthen its operations team in Nice, Scientific Beta is recruiting a Corporate Actions Specialist. Preferred location is Nice (France) but Singapore based applications will be considered as well.

The successful candidate will take of the following responsibilities:

• Prepare implementation of the corporate actions within the equity indices, in compliance with existing in-house processing, maintenance and index construction methodologies.
• Validate all data and information relating to corporate actions (this includes, but is not restricted to: collection of event announcements, analysis of their qualitative and quantitative contents, cross-check of underlying data between all possible alternative electronic sources).
• Follow-up and maintain the preview of upcoming corporate actions on a daily basis, communicate the operations of the day for execution of the corporate events by the whole operations team.
• Set up and manage all announcements to index clients.
• Participate to the referential management (financial and extra-financial data checks) to ensure data quality.
• Participate to client support advanced questions / data requests.

Applications are welcome from candidates who meet the following essential requirements:

• Degree in Finance is a must
• At least 2 years of proven experience in a corporate action-oriented role in a middle office environment, either within an asset management company involved in the international index replication business, or an index provider.
• A deep knowledge on how corporate actions impact the index (or portfolio) performance is mandatory.
• Experience in equity portfolio valuation is required: this includes data referential maintenance, data quality treatment, evaluation and reconciliation of different data sources for pricing issues and performance spread assessment between a fund and its reference benchmark.
• Proficiency in financial data electronic services (e.g. Bloomberg, Datascope and Datastream).
• Familiarity with spreadsheet product and proficiency in financial data management.
• Attention to detail, strong work ethic.
• Ability to work autonomously and as part of a team while respecting an established methodology.
• Written and spoken English is essential; spoken French would be an asset.

For more information about Scientific Beta, please visit www.scientificbeta.com. 

To apply, please send your CV and a cover letter.