Primary owner and processor for distributions (dividends, interest, etc), reorganizations (reverse splits, mergers, etc.), and redemptions (maturities, calls, etc).
Review and validate corporate action event details with rigorous attention to accuracy before posting to customer accounts, minimizing risk of errors and potential firm exposure.
Interface daily with external vendors and custodians (DTC, OCC, BNY, ICE) to confirm accuracy of event and allocation details.
Balance and reconcile all corporate actions booked versus the corresponding suspense and wash accounts. Ensure the corporate action house accounts are balanced daily.
Research breaks and open items to ensure they do not become aged.
Serve as the subject matter expert (SME) for corporate actions for internal departments and external partners.
Respond to corporate action related Zendesk tickets and handle voluntary corporate action requests.
Enhance and iterate on procedures to incorporate new tasks, asset classes, and other processes.
Assist on automation of daily self-clearing processes collaborating with engineering
Stay curious! Learn other areas in the clearing space to assist in downtime.

3+ years of Corporate Actions experience
Direct DTC Corporate Action Web experience
Knowledge of ICE CA data, BNY processing, OCC Option CA process
Knowledge of Brokerage Clearing operations. Possess general knowledge of U.S. securities back office operations of a clearing firm
Knowledge of the Financial industry rules, regulations and laws
Ability to work independently in a remote environment with attention to detail as well as collaboratively within a team environment
Ability to work independently in a fast-paced environment with multiple priorities
Have basic knowledge of SQL, metabase, or other database coding language
Easily adapt between Microsoft and Google document and spreadsheet solutions
Must be able to change and adapt to the ever-changing regulatory landscape of the financial industry and be able to assist other functional areas when necessary
Possess a FINRA SIE or within first 180 days of employment
Must be able to follow company tenets of:
Stay Curious
Have Empathy
Be Accountable

Clearing Operations Associate – Corporate Actions

Key skills