Job Description - Operations Specialist (Corporate Actions) - Pittsburgh, PA in Pittsburgh
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Operations Specialist (Corporate Actions) - Pittsburgh, PA

Ref: US_EN_6_913330_1337242

Posted on 05 May 2020
Job Location
Pittsburgh, Pennsylvania
Contract Type
Contractor
Category
Banking / Finance / Insurance

Job Description:

Responsible for processing both mandatory and voluntary specific corporate actions functions related to international and US securities held (regardless of custodian) for specific middle office clients. S/He is responsible for handling moderately intricate to extremely complex corporate action events for multiple middle office clients.

Processing Responsibilities:

  • Receipt of custodian announcements, the scrubbing/comparison of data, and the notification of corporate action events to a specific client.
  • Reconciles client positions with multiple custodians and monitors appropriate posting of accruals and entitlements to client accounts.
  • For all voluntary events, s/he is responsible for soliciting and receiving responses from the clients and for submitting these instructions to the various custodians prior to their deadline dates.
  • S/he will work on multiple systems, as well as other custodian proprietary online systems, to perform these functions.
  • The incumbent is responsible for adhering to established quality control measures and procedures.
  • S/He will interact daily with clients, agents, and other internal business groups including the corporate actions custody and accounting teams.
  • S/He will provide the first level training for new specialists and will assist specialists in handling inquiries.
  • Additionally, s/he will participate in department projects such as identifying system or processing enhancements and off hours system testing. They will be communicating with the client.
  • Qualifications:

  • BS/BA degree or the equivalent of 2-3 years work experience in financial services operations with a minimum of 1 year Corporate Action experience.
  • S/He must be extremely detail oriented, organized, and have the ability to work independently and as part of a team in a fast paced, deadline driven, high-risk environment.
  • Customer service orientation is a must with excellent writing and verbal communication skills.
  • Ability to exhibit patience in teaching procedures to new associates is essential.
  • Experience using Microsoft Office (Excel, Outlook, Word) is required.
  • Apply

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