Associate Operations-Corporate Action Reorg

Newark, DE - USA

Monthly Salary: Not Disclosed

Posted on: 45 minutes ago

Vacancies: 1 Vacancy

Job Summary

Job Description:

We are seeking Associate Operations - Corporate Action Reorg person to join our Reorganization team. Our Business Process Outsourcing team here at the client supports a multitude of clients. While the teams volume and daily activity is weighted towards the US market our coverage includes the fast-growing global custody which is supported across the globe. Although there are client specific functions performed by the independent teams there are similarities when processing across client streams. With the right training and motivation you will be able to enrich your knowledge because of the broad client base that the client has. The client gives you exposure to many entities rather than working in one shop on one function. Because of this the opportunity to develop your career is greater and can be done in a shorter amount of time. Our ideal candidate is a self-starter with an interest and real passion for the FinTech industry.

Responsibilities:

Responsible for processing voluntary corporate actions interpreting terms allocation of events to holders and reconciliation.
Perform various Reorg events ensuring instructions are received and processed timely and accurately as well as mitigate risk and exposure to the firm.
Monitor deadlines and critical cut-offs to ensure instructions are processed accordingly.
Learn and understand stock records relating to various retail and institutional accounts.
Process allocations ensuring reorg events are paid timely and reconciled for accuracy.
Provide outstanding client service Escalate client issues and complaints on operational matters to higher-level management when vital.
Understanding and recognizing various voluntary and mandatory reorg events and communicating with custodians depositories counterparties and clients as needed.

Qualifications:

Recent College Graduate with professional / Internship experience.
Ability to multitask and take ownership of complex issues.
Ability to provide support in the daily execution of key tasks when needed.
Excellent written and verbal communication skills.
Experience and proficiency using Microsoft Office (Excel Outlook Word).
Ability to work in a dynamic team-oriented environment.
Experience with BPS/DTC/Euroclear/Clear stream is a plus.

ATD Technology LLC is a certified minority woman owned business that creates opportunities to match qualified individuals with client programs while meeting all parties financial and technical goals. ATD is a full service provider with offerings in Contract Permanent and Temp-to-Perm staffing solutions. We serve Fortune 1000 mid cap and small cap companies in the Commercial Public and Government sectors.

Job Description: We are seeking Associate Operations - Corporate Action Reorg person to join our Reorganization team. Our Business Process Outsourcing team here at the client supports a multitude of clients. While the teams volume and daily activity is weighted towards the US market our coverage in...

Job Description:

Responsibilities:

Responsible for processing voluntary corporate actions interpreting terms allocation of events to holders and reconciliation.
Perform various Reorg events ensuring instructions are received and processed timely and accurately as well as mitigate risk and exposure to the firm.
Monitor deadlines and critical cut-offs to ensure instructions are processed accordingly.
Learn and understand stock records relating to various retail and institutional accounts.
Process allocations ensuring reorg events are paid timely and reconciled for accuracy.
Provide outstanding client service Escalate client issues and complaints on operational matters to higher-level management when vital.
Understanding and recognizing various voluntary and mandatory reorg events and communicating with custodians depositories counterparties and clients as needed.

Qualifications: