Corporate Actions Senior Specialist
The Corporate Actions team is responsible for the set up and processing of mandatory and voluntary reorganizations, partial calls, full calls, redemptions, bankruptcies, distributions and class actions for Brokerage Operations. Corporate Actions is dedicated to leading a culture that delivers accurate and timely processing that creates a premier client experience, while providing a controlled and disciplined environment allowing our employees to feel valued and engaged.
What you are good at
The Corporate Actions Sr. Specialist is responsible for timely and accurate processing of corporate actions on securities held by our clients. In this role you will be responsible for the beginning to end processing of all Corporate Action event types for daily processing and reconciliation. This includes gathering the necessary information to process accurately, and to reconcile any discrepancies, pre and post payable and reconciling and resolving open exceptions.
Sr. Specialist have the ability to obtain accurate, comprehensive and timely corporate action related information. (Mandatory, voluntary and distribution event types for all Corporate Actions) Interpret announcement information on various corporate actions for deadline and relative offer terms. Recognize potential risk issues associated with the stock record, balance and reconcile stock record to payment allocation from Custodians, Depositories and transfer agents. Discrepancies and exceptions are to be escalated and resolved promptly. Identify and communicate issues effectively and timely to peers and management team. Candidate must be team-oriented, self-motivated and goal driven, able to multi-task, realize the importance of follow through, and have outstanding time management skills as well as excellent communication skills, be able to work well under pressure in a fast paced, high-risk environment while maintaining a professional manner. Qualified candidates should possess strong analytical and resolution skills, and have at least 3 years’ experience in Brokerage Operations.
What you have
- 3 or more years' experience in the Financial Services Industry
- Experience in controlled environment with supervisory procedures, regulatory requirements and audit requirements
- Willingness to accept ownership for the leadership and effectiveness of the organization
- The ability to look for ways to make a difference
- Outstanding time management skills and ability to work in a high risk environment
- Compassion to work cooperatively with others to produce innovative solutions
- Initiative to seek out and build relationships with others who can provide information, intelligence, career support, potential business as well as other forms of support
- The ability to accurately anticipate the implications of events or decisions for various stakeholders in the organization and plan strategy accordingly
- Insight to identify and propose solutions that benefit all parties involved in a situation
- Support and partner with Manager and Team Lead to ensure service levels are met and mitigate risk to the firm
- Proactively review offers and anticipate potential risk associated with Mandatory Corporate Actions
- Corporate Actions' experience preferred
- FINRA Series 7 licenses preferred
Why work for us?
Own Your Tomorrow embodies everything we do! We are committed to helping our employees ignite their potential and achieve their dreams. Our employees get to play a central role in reinventing a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth.
Benefits: A competitive and flexible package designed to empower you for today and tomorrow. We offer a competitive and flexible package designed to help you make the most of your life at work and at home—today and in the future. Explore further.
Schwab is committed to building a diverse and inclusive workplace where everyone feels valued. As an Equal Opportunity Employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law. Please click here to see the policy.
Schwab is an affirmative action employer, focused on advancing women, racial and ethnic minorities, veterans, and individuals with disabilities in the workplace. If you have a disability and require reasonable accommodations in the application process, contact Human Resources at email@example.com or call 800-275-1281.
TD Ameritrade, a subsidiary of Charles Schwab, is an Equal Opportunity Employer. At TD Ameritrade we believe People Matter. We value diversity and believe that it goes beyond all protected classes, thoughts, ideas, and perspectives.