Corporate Actions Specialist

TPG Staffing LLC; Edison (NJ); On-site; USD 75,000 - 95,000; Full time

Job summary

A distinguished financial technology and services organization is seeking a Corporate Actions Specialist responsible for the accurate research, analysis, and processing of corporate actions. Candidates should have a BA/BS, preferably in finance or related fields, and 1-3 years of experience in securities processing. Strong communication skills and proficiency in Microsoft Excel are essential. The position offers a salary range of $75,000 to $95,000 in Edison, NJ, and supports an equal opportunity workplace.

Qualifications

• One to three years of work experience in corporate actions, securities processing, banking or trust operations.
• Basic knowledge of corporate actions, security processing, accounting, balancing and banking.

Responsibilities

• Research voluntary and mandatory corporate action terms.
• Set up client notifications for voluntary corporate actions.
• Review and process voluntary corporate actions based on client elections.
• Research and set up mandatory corporate action events.
• Reconcile cash, shares, and activity between systems and custodians.
• Research and resolve client corporate actions inquiries.

Skills

Detail oriented

Effective communication

Mastery of Microsoft Office, especially Excel

Ability to work independently and as part of a team

Education

BA/BS

Degree in finance, accounting, economics or statistics

Job description

Overview

Our client, a distinguished financial technology and services organization, is seeking a Corporate Actions Specialist. This individual will be responsible for the accurate research, analysis, and processing of both voluntary and mandatory corporate actions, ensuring data integrity and compliance within the company’s proprietary systems.

Position Responsibilities

• Research voluntary and mandatory corporate action terms.
• For voluntary corporate actions, set up client notifications and coordinate client responses and elections at the custodian.
• Review and process voluntary corporate actions based on client elections.
• Research and set up mandatory corporate action events.
• Review corporate action event taxability ensuring that processing is in full compliance.
• Reconcile cash, shares, and activity between banking operations system and custodians.
• Research and resolve client corporate actions inquiries.
• Follow daily schedule to ensure all tasks are completed as required per established timelines.
• Assist maintaining the corporate actions tracking site with updates impacting clients.
• Follow Operating procedures in accordance with audit requirements.
• Ensure adherence to escalation policies, maintain awareness of risk mitigating policies and procedures.
• Work on projects as required.

Skills & Knowledge

• BA/BS required. Degree in finance, accounting, economics or statistics strongly preferred.
• One to three years of work experience in corporate actions, securities processing, banking or trust operations.
• Basic knowledge of corporate actions, security processing, accounting, balancing and banking.
• Detail oriented, responsive, and effective communication.
• Mastery of Microsoft Office, especially Excel.
• Ability to excel independently and as part of a team.

Salary Range: $75,000 to $95,000

The above requirements and qualifications are meant to describe the general nature of the position and do not represent all duties to be performed by the selected candidate. Please note that only candidates who are under consideration for the position will be contacted. The Company is an equal opportunity employer. All employment is decided on basis of qualifications, merit and business needs without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.