Corporate Actions Specialist

Grand Central, NY 10017

Employment Type: Direct Hire Industry: Banking/Finance Job Number: 3014 Salary Level: 80000 - 100000

Job Description

Top Tier mid-sized Financial Organization seeks Corporate Actions Specialist.

This is a direct hire full-time role with a Premier mid-sized Financial Organization that offers competitive compensation and a great benefits package.

This is a hybrid onsite role that requires onsite work 2 days per week in Midtown Manhattan.

In summary, you will:
  • Notify corporate events to custody clients and securities lending partners: Global Securities Lending Solutions (GSLS), Third Party Custodians and Borrowers.
  • Track corporate action (CA) events and elections custody clients and securities lending partners (GSLS, Third Party Custodians and Borrowers), and collect CA event responses.
  • Coordinate with securities lending borrowers (up to record date) on elections and to split elections in order to receive underlying client intended elections (i.e. Cash or securities).
  • Post or check CA event distribution on trust system.
  • Process or check CA event election with agent or borrower and send 180 letter to SL borrowers if necessary.
  • Confirm client eligibility of Class Actions and create or check notice to clients, including processing of class action claims for clients.
  • Investigate and respond to client and securities lending partner inquiries, handling of client proxies (U.S. and Global).
Requirements include:
  • Hands-on relevant work experience in Corporate Actions
  • Solid understanding of corporate action, class action and proxy processing (custody and securities lending activity)
  • Must be versatile, able to work effectively independently or as part of a team on multiple projects simultaneously.    
  • Proficient in Microsoft Excel, Microsoft Word, and Outlook
  • Flexible to work overtime from time to time as business requires.
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About Grand Central, NY

Ready to kick-start your career in the vibrant area surrounding Grand Central, New York? This bustling hub offers an unparalleled blend of career opportunities and city charm. Imagine working just steps away from iconic landmarks like the Chrysler Building and Times Square, surrounded by world-class dining options and renowned art galleries like the Museum of Modern Art. With Broadway theaters, professional sports teams like the New York Yankees, and the tranquil retreat of Central Park at your fingertips, there's no shortage of excitement and growth potential in this fast-paced metropolis. Explore our job listings today and discover the endless possibilities that await you in this dynamic region!