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26 Mar 2021

Temporary Corporate Actions Analyst (21-07845)

iris.chen@axelon.com – Posted by iris.chen@axelon.com Jersey City, New Jersey, United States

Job Description

This role is currently work-from-home and will move to the office environment after the COVID-19 restrictions are lifted.”

11 Month Contract

Responsibilities:

  • Scrubbing and processingof voluntary and mandatory corporate action and income events while minimizing risk and liabilities to the firm. Risk oversight includes the ability to understand the correlation between trading and client eligibility and taking proper precautions to mitigate counter-broker liabilities.
  • Posting of entitlements, reconciling back office system to the depositories/sub-custodian balance, researching and adjusting cash/position breaks
  • Monitoring of g/l firm accounts and daily break reports to ensure timely resolution of all reconciling items.
  • Sending liability and claim notices to counterparties
  • Ensuring clients receive final notices on uninstructed position balance for voluntary events
  • Liaise with business partners to communicate relevant details of events and associated elections in order to mitigate all potential risk and exposure inherent with the processing corporate events.
  • Contribute to the growth and development of initiatives focused on creating a more efficient process while reducing risk

Minimum Required Qualifications:

  • Bachelor’s degree or equivalent
  • Proficiency with Microsoft Office Suite
  • Critical thinking
  • High level of customer service and communication skills (written and oral)
  • Needs to be able to effectively communicate daily with business partners, custodians and other areas of operations.
  • Detail oriented with strong analytical and organizational skills necessary to work as part of a team in a fast-paced, deadline-driven and high-risk environment
  • Ability to be resourceful and work independently while keeping focus an all group strategic initiatives
  • Able to multi-task and interact with different client bases simultaneously.
  • Excellent follow up and reconciliation skills

Preferred qualifications:

  • Knowledge of corporate action and income processing
  • Knowledge of DTC systems and web portal
  • Knowledge of Client BPS processing system
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How to Apply

Please send your updated resume to iris.chen@axelon.com

Job Types: Temporary.

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