Middle Office Sr. Associate - Corporate Actions

HedgeServ; Manila; On-site; PHP 360,000 - 600,000; Full time

Job summary

HedgeServ is seeking college graduates to join our Corporate Action team in Manila, a period of growth where new leaders will make an immediate impact. The successful candidate will become a central point of contact for NAV & MO teams on CA issues, helping onboard new clients with guidance from senior teammates, and participate in cross-team projects.

The role offers opportunities to lead initiatives, verify CA breaks with brokers, partake in the CA life cycle, and collaborate with external

Qualifications

• 2-5 years of experience in a Corporate action or Middle office/Nav role.
• Swift MT564-568 knowledge is a distinct advantage.
• Industry platform knowledge: Bloomberg, ETRAN desirable, SQL
• Exposure to various financial products: Equities/CFDs, Options, Bonds

Responsibilities

• Participate in initiatives and projects within Corporate Action to increase efficiency and minimize risk.
• Work with the client, internal teams and brokers to ensure Corporate action breaks are verified efficiently to mitigate risk and meet client deliverables.
• Corporate Action Research, Processing, Support and Communications: Involvement in the entire corporate action (CA) life cycle for both voluntary and mandatory corporate actions.
• Be responsible for preparation & reconciliation of dividend rec’s to brokers, including full resolution from querying PB to analyzing common reasons for breaks.
• Confirming receipt of daily vendor Corp action files & investigating failures.
• Deal with voluntary corporate action election provider to ensure accuracy & timely delivery.
• Liaising with third party vendors to investigate issues raised by clients or teams.
• Analysis of existing CA process’s completed across client teams for development initiatives.

Skills

Communication skills

Analytical thinking

Attention to detail

Self-motivated

Education

Bachelor's degree in a relevant field

Tools

Bloomberg

SQL

Excel

ETRAN

Job description

As we continue through a period of growth, HedgeServ is searching for future leaders who can make an immediate impact on our already successful team. We're seeking college graduates who are decisive, energetic, and self-starting.

The Corporate Action team is responsible for checking all Corp actions that are sent to HSV from external vendors & performing checks to the market to ensure accuracy of information. Acting as a support to internal teams, all while looking to grow service offerings to clients for voluntary corp actions.

A successful candidate will assume considerable responsibility within six to twelve months, serving as a central point of contact for Nav & MO teams on CA issues, helping on-board new clients with the guidance of senior team members, and participating in cross-team projects all being possibilities.

Role Responsibilities:

• Responsible for participating in various initiatives and projects within Corporate Action. Take a lead role in increasing efficiency and minimize risk.
• Work with the client, internal teams and brokers to ensure Corporate action breaks are verified efficiently to mitigate risk and meet client deliverables
• Corporate Action Research, Processing, Support and Communications: Involvement in the entire corporate action (CA) life cycle for both voluntary and mandatory corporate actions
• Be responsible for preparation & reconciliation of dividend rec’s to brokers. Including full resolution from querying PB to analyzing common reasons for breaks
• Confirming receipt of daily vendor Corp action files & investigating failures
• Deal with voluntary corporate action election provider to ensure accuracy & timely delivery
• Liaising with third party vendors to investigate issues raised by clients or teams.
• Analysis of existing CA process’s completed across client teams for development Initiatives. To include investigation of manually touched actions by teams

Pre-Requisite Knowledge, Skills, and Experience:

• 2-5 years of experience in a Corporate action or Middle office/NAV role
• Swift MT564-568 knowledge is a distinct advantage
• Industry platform knowledge: Bloomberg, ETRAN desirable, SQL
• Exposure to various financial products. Equities/CFD’s, Options, Bonds
• Intermediate level of Excel is required
• Clear and persuasive communicators, who can articulate their actions, identify root causes, and suggest improved ideas