Asset Servicing Specialist Corporate Actions

Key Responsibilities

• Process mandatory and voluntary corporate action events accurately and within required market deadlines, including announcement date, ex-date, record date, election date, and payment date.
• Manage the end-to-end corporate action lifecycle, from event announcement and validation through entitlement calculation, elections, settlement, and payment.
• Reconcile corporate action events and ensure accurate and timely client entitlements and payments.
• Monitor, investigate, and resolve daily breaks, exceptions, and fails related to corporate actions and custody operations.
• Review and manage system exception queues, ensuring all corporate action-related items are investigated, actioned, and cleared within required timelines.
• Act as a Subject Matter Expert (SME) on corporate actions processes, market practices, and asset servicing workflows.
• Support the requirements of Prime Brokerage and institutional clients, particularly during high-volume or time-sensitive corporate action events.
• Liaise effectively with Front Office, Middle Office, Trade Support, Oversight teams, custodians, agents, and counterparties to resolve issues and ensure smooth processing.
• Investigate complex event scenarios and operational discrepancies, identifying root causes and implementing appropriate resolutions.
• Support risk and control activities, including audit requests, control reviews, and operational risk assessments.
• Review and update process and procedure documentation to ensure alignment with current business and market practices.
• Participate in User Acceptance Testing (UAT), system enhancements, process improvements, and other operational change initiatives.
• Perform other ad-hoc activities and business requirements related to corporate actions and asset servicing.

Qualifications

Must-Have Requirements

• Bachelor's Degree in Finance, Business, Economics, Accounting, or a related discipline relevant to financial markets.
• Proven experience handling Mandatory and Voluntary Corporate Actions within a trading, investment banking, custody, or financial markets operations environment.
• Hands-on experience with end-to-end corporate actions processing, including:
• Corporate action event lifecycle management
• Entitlement calculation and reconciliation
• Client elections and instructions
• Corporate action payments
• Break and exception management
• Stakeholder coordination
• Strong understanding of corporate actions and asset servicing processes.
• Experience working with trade, settlement, custody, or investment banking operations.
• Strong analytical and problem-solving skills, with the ability to investigate and resolve breaks, exceptions, and complex corporate action scenarios.
• Strong verbal and written communication skills, with the ability to effectively coordinate with Front Office, Middle Office, custodians, agents, and external counterparties.
• Strong attention to detail and ability to consistently meet time-sensitive trade, settlement, and corporate action deadlines.
• Ability to work independently with minimal supervision while effectively managing multiple priorities in a fast-paced trading environment.
• Strong sense of ownership, accountability, and commitment to operational accuracy and risk controls.

Preferred / Nice-to-Have

• Experience supporting Prime Brokerage or institutional clients.
• Experience with custody or asset servicing operations.
• Knowledge of global market practices and corporate action regulations.
• Experience participating in UAT, system enhancements, and process improvement initiatives.
• Experience supporting audit, risk, and control reviews.
• Previous experience working in a Global Markets, Investment Banking, or Financial Services Operations environment.