Asset Services - Voluntary Corporate Actions

Testing Site - JPMC; Jersey City (NJ); On-site; USD 140,000 - 200,000; Full time

Job summary

Testing Site - JPMC in Jersey City is seeking an Asset Services Manager III to lead the Corporate Action team, oversee actions for US/Canada/Latin America, and drive the transition to a new Asset Servicing Engine. You will engage with Prime clients and trading desks, ensuring accurate and timely event processing.

The role emphasizes collaboration, risk management, and continuous improvement in a fast-paced environment with opportunities for growth.

Qualifications

• Minimum 5 years of experience in processing voluntary corporate action events.
• Knowledge of DTC, Euroclear and related systems (Hub, SmartTrack, CNS).
• Bachelor’s degree in Accounting, Business, Economics, Finance, or equivalent.
• Strong understanding of the transaction/trade lifecycle.
• Ability to adapt to quickly changing business and technology needs.
• Strong risk and control awareness with mitigating controls.
• Ability to prioritise workloads and meet deadlines while maintaining accuracy.
• Exceptional problem-solving and issue resolution skills.
• Open to fast-paced environments and change.
• Series 99/SIE is REQUIRED.

Responsibilities

• Lead Corporate Action team in accurate retrieval, interpretation, and processing of events.
• Oversee communication with Middle Office, Client Service, traders, and clients.
• Collaborate with custodian banks to ensure instructions are received and executed.
• Manage posting and reconciliation of cash and stock entitlements.
• Guide Announcement Capture team in scrubbing events and notifying clients.
• Oversee collection and submission of client elections and manage payments.
• Lead transition to new Asset Servicing Engine for global processing.

Skills

Corporate actions processing

DTC/Euroclear knowledge

Transaction lifecycle

Risk and controls awareness

Problem solving

Adaptability

Series 99/SIE

Education

Bachelor's degree in Accounting/Business/Economics/Finance or equivalent

Tools

Microsoft Word

Excel

Alteryx

Job description

Join us as an Asset Services Manager III in Asset Servicing! Lead our Corporate Action team to ensure precise and timely corporate action event processing. Engage with a diverse client base, including Prime clients and J.P. Morgan Securities equity trading desks, in a dynamic, fast-paced setting. Promote the transition to our new Asset Servicing Engine and unlock career growth and development opportunities. Exciting leadership awaits!

As an Asset Services Manager III in the Corporate Action team, you will play a crucial role in overseeing the retrieval, interpretation, and processing of corporate action events. You will work closely with us to ensure that our clients' needs are met and that instructions are executed accurately. Your work matters to the firm and the wider community as you help us maintain our reputation for excellence in asset servicing. You will be part of a team that values collaboration, innovation, and continuous improvement, providing you with the opportunity to grow and develop in your career. Markets covered are U.S., Canada and Latin America.

Job responsibilities

• Lead the Corporate Action team in accurate and timely retrieval, interpretation, and processing of corporate action events
• Oversee communication with Middle Office, Client Service, traders, and clients to relay market decisions
• Collaborate with custodian banks to ensure instructions are received and executed
• Manage the posting and reconciliation of cash and stock entitlements
• Guide the Announcement Capture team in scrubbing events and notifying clients
• Oversee the collection and submission of client elections to the market and manage payments
• Lead the transition to a new Asset Servicing Engine for global processing

Required qualifications, capabilities, and skills

• 5 years of experience in processing voluntary corporate action events
• Knowledge of DTC (Hub, Smart track, and CNS) and Euroclear
• Bachelor's degree in Accounting, Business Administration, Economics, Finance, or equivalent work experience
• Strong understanding of the transaction/trade lifecycle
• Ability to adapt to rapidly changing business and technology needs.
• Strong risk and control awareness with the ability to implement mitigating controls.
• Ability to prioritize workloads and meet critical deadlines while maintaining accuracy and quality.
• Exceptional problem-solving and issue resolution skills.
• Capable of working in a fast-paced environment and open to change.
• Series 99/Securities Industry Essentials (SIE) REQUIRED

Preferred qualifications, capabilities, and skills

• Experience in leading transitions to new processing systems or engines.
• Strong communication and collaboration skills with internal and external stakeholders.
• Proficiency in Microsoft Word, Excel, and other applications; Alteryx is a plus.
• Asset servicing knowledge and experience within a securities operation environment preferred.

Please note this role is not eligible for employer immigration sponsorship.