Corporate Actions Specialist

Lenmar Consulting Inc; Boston (MA); On-site; USD 65,000 - 90,000; Part time

Job summary

Lenmar Consulting Inc. is seeking an experienced Corporate Actions Specialist to join our Operations team in Boston, MA.

The role requires meticulous data handling and strong knowledge of equity and fixed income corporate actions, with hands-on use of Aladdin. You will process both mandatory and voluntary corporate actions from announcement to settlement, support portfolio managers and traders, and coordinate with custodians.

Qualifications

• Bachelor's degree or comparable work experience.
• 3–5 years of operations and/or related experience.
• Strong analytical, organizational and communication skills.
• Strong problem-solving and collaborative thinking.
• Knowledge of custodian bank operating standards and asset management interoperability.
• Knowledge of equity and fixed income securities.
• Specific knowledge of corporate actions.

Responsibilities

• Provide functional support to portfolio managers, traders, and portfolio administrators through the Aladdin Trade Management System.
• Analyze data and monitor corporate action events in Aladdin across vendors, middle offices and custodians.
• Manage and process both mandatory and voluntary corporate action events from announcement to final settlement.
• Solicit and receive responses from Front Office for Voluntary events and instruct custodians before deadlines.
• Support corporate action workflows, data consumption, and processing standards.
• Identify and resolve issues related to corporate action transactions following guidelines.
• Reconcile cash and positions related to corporate actions in Aladdin for all portfolios.
• Liaise with middle office and custodian banks to resolve settlements and reconciliation items.
• Provide operational support to stakeholders and deliver timely business inquiries.
• Redefine procedures and implement solutions to improve efficiency and mitigate risks.

Skills

Attention to detail

Analytical thinking

Problem-solving

Strong communication skills

Education

Bachelor's degree

Tools

Aladdin

Job description

Lenmar is a seeking an experienced Corporate Actions Specialist who is familiar with Aladdin to help us support our global financial services client out of their Boston, MA location. The position will start onsite and then evolve into a hybrid role

Corporate Actions Specialist (Aladdin)

Duration – 12 months +

Description:

Corporate Actions Specialist / P2 Associate

Position Summary:

Brokerage Investment Management is looking for an experienced Corporate Actions Specialist to join their Operations team. This role requires strong attention to detail, analytical thinking, and problem-solving skills. This candidate will be responsible for processing all mandatory and voluntary corporate actions for the firm.

Additional Responsibilities: Include assisting key stakeholders with corporate action related inquiries, reconciliation, and settlement. The ideal candidate will come with at least 3-5 years of industry experience and knowledge of fixed income and equity securities.

Key Responsibilities:

• Provide functional support to portfolio managers, traders, and portfolio administrators through the Blackrock Aladdin Trade Management System.
• Responsible for analyzing data and monitoring corporate action events in Aladdin between vendors, middle offices and custodians.
• Manage and process both mandatory and voluntary corporate action events from initial announcement through final settlement.
• Soliciting and receiving responses from the Front Office for Voluntary events and submitting instructions to various custodians prior to deadline dates.
• Provide functional support around corporate action workflows including data consumption, maintaining processing standards and management of overall corporate action functions.
• Identify and resolve issues related to corporate action transactions in a timely fashion following established guidelines, procedures, and controls.
• Responsible for cash and position reconciliation related to corporate actions in Aladdin for all designated portfolios.
• Liaise with middle office and custodian banks to resolve unconfirmed settlements and reconciliation items.
• Provide exceptional operational support to key stakeholders.
• Facilitate accurate and timely delivery of critical business inquiries to and from internal clients, internal business colleagues, operational colleagues, and external counterparties.
• Redefine procedures and implement solutions to improve efficiency and help mitigate operational risks.

Qualifications:

• Bachelor's degree or comparable work experience
• 3-5 years of operations and/or related experience.
• Strong analytical, organizational, and communication skills.
• Strong problem-solving, collaborative and innovative solution-focused thinking skills.
• Knowledge of custodian bank operating standards and interoperability with asset management.
• Knowledge of equity and fixed income securities a MUST.
• Specific knowledge of corporate actions is a MUST.