Corporate Actions Associate

Janney Montgomery Scott LLC; Philadelphia (Philadelphia County); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Paid Parental Leave

Generous Paid Time Off

$2,000 referral bonus

Job summary

Janney Montgomery Scott LLC is seeking a Corporate Actions Associate to support accurate and timely processing of corporate action events across a range of financial instruments. You will review and process dividends, mergers, spin-offs, tender offers, rights offerings, income, redemption and call events, and proxies for domestic and international securities.

The role requires strong attention to detail, risk awareness and the ability to meet time-sensitive deadlines in a fast-paced operations

Qualifications

• Bachelor’s degree in Finance, Business, Accounting or related field.
• 1–3 years of securities operations experience is preferred.
• Basic understanding of equity and fixed income securities is preferred.
• Experience with DTCC, JPM, BNY or similar custody and processing platforms is a plus.

Responsibilities

• Process Corporate Actions: review and process corporate action events for domestic and international securities.
• Event Notification & Research: validate event details and disseminate information to internal stakeholders.
• Reconciliation & Controls: daily reconciliations; research discrepancies and elevate issues.
• Break Resolution: research and resolve position, entitlement and cash breaks across systems.
• Client Instructions: monitor deadlines and process elections per event terms.

Skills

Time management

Attention to detail

Analytical thinking

Communication

Team player

Education

Bachelor’s degree in Finance/Business/Accounting

Series 99 certification

Tools

Microsoft Excel

MS Office

Job description

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

The Corporate Actions Associate is responsible for supporting the accurate and timely processing of corporate action events across a range of financial instruments. This individual reviews and processes voluntary and mandatory corporate actions, including dividends, mergers, spin-offs, tender offers, rights offerings, income, redemption and call events, class actions, and proxies. The Associate works with internal teams, depositories, custodians, agents, and other external parties to obtain and validate event information, process transactions, reconcile activity, and resolve discrepancies. The role requires strong attention to detail, organizational skills, risk awareness, and the ability to meet time-sensitive deadlines in a fast-paced operations environment.

What You Are Good At

• Cross-Functional Collaboration: Work with trading, settlements, client service, compliance, technology, and other Operations teams to research and resolve corporate action-related issues.
• Operational Support: Assist with maintaining procedures, documentation, and operational controls. Identify processing issues or potential risks and elevate them appropriately.
• Team Support & Development: Participate in team initiatives, knowledge sharing, cross-training, and activities designed to support accurate and efficient processing while developing knowledge of corporate action event types, securities processing, applicable systems and industry practices.

Responsibilities

• Process Corporate Actions: Review and process corporate action events, including dividends, mergers, spin-offs, tender offers, rights offerings, income and redemption events, class actions, and proxies for domestic and international securities. Ensure transactions are processed accurately and within established deadlines and procedures.
• Event Notification & Research: Review corporate action announcements received from depositories, custodians, agents, and data providers. Validate event details and assist with the timely and accurate dissemination of information to appropriate internal stakeholders.
• Reconciliation & Controls: Perform daily reconciliations between internal records and external sources. Research discrepancies, take appropriate corrective action within established procedures, and elevate unresolved or higher-risk items to senior associates or management.
• Break Resolution: Research and assist in resolving position, entitlement, and cash breaks associated with corporate action events across internal and external systems. Elevate complex or unresolved issues as appropriate.
• Client Instructions: For voluntary corporate action events, monitor deadlines, receive and track client instructions, and accurately process elections in accordance with event terms and established procedures.

What You Have

Education & Experience:

• Bachelor’s degree in Finance, Business, Accounting or related field (or equivalent work experience).
• 1-3 years of experience in securities operations, financial services operations, corporate actions, or a related field preferred.
• Basic understanding of equity and fixed income securities and securities processing preferred.
• Experience with DTCC, JPM, BNY or similar custody and processing platforms is a plus.

Certifications

• Series 99 and Securities Industry Essentials must be obtained within 120 days of start date

Skills

• Strong time management and organizational skills. Ability to manage multiple tasks, prioritize work and meet established deadlines.
• Strong attention to detail and commitment to accuracy.
• Analytical and problem-solving skills with the ability to research and identify discrepancies.
• Effective written and verbal communication skills.
• Ability to work effectively both independently and as part of a team in a fast-paced environment and appropriately elevate exceptions, risks and complex issues.
• Proficiency in Microsoft Excel and other MS Office tools.
• Knowledge of reconciliation or workflow tools is a plus.

This position is based in our Philadelphia, PA office three days per week.

Why work for us?

Benefits:

• Paid Parental Leave
• generous Paid Time Off
• eligibility for a $2,000 referral bonus
• Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future.

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments.We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

Janney is an equal opportunity employer and makes employment decisions on the basis of merit and business needs.