Corporate Actions Associate (Hybrid- Newark, NJ)
About The Position
At Broadridge, we've built a culture where the highest goal is to empower others to accomplish more. If you're passionate about developing your career, while helping others along the way, come join the Broadridge team. Broadridge is seeking a detail-oriented and motivated Corporate Actions Operations Associate to join our dynamic team. In this role, you will support processes within the Voluntary Corporate Actions and Reorganizations space, working closely with the DTC (Depository Trust Company) process to ensure accuracy, timeliness, and effective risk management throughout the event life cycle. This is an excellent opportunity for professionals with 2-3 years of corporate actions or back-office operations experience who are looking to advance their expertise in corporate reorganizations within a leading financial technology and services provider.
Requirements
- Bachelors Degree required (Finance, Business, or related field preferred)
- Minimum of 2-3 years' experience in corporate actions operations or similar back-office functions
- Strong understanding of voluntary and mandatory corporate actions and related DTC processes.
- Ability to multitask and take ownership of complex issues
- Experience and proficiency using Microsoft Office (Excel, Outlook, Word)
- Ability to work in a dynamic, team-oriented environment
Nice To Haves
- Experience with BPS/DTC/Euroclear/Clear stream is a plus
Responsibilities
- Responsible for processing voluntary and mandatory corporate actions, interpreting terms, allocation of event 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 record, 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
Benefits
- At Broadridge, you'll be part of a forward-thinking organization at the heart of financial markets infrastructure. We're committed to innovation, diversity, and career growth for all our associates. You'll gain exposure to a variety of corporate actions events and work in a collaborative environment that values excellence and continuous improvement.
- Please visit www.broadridgebenefits.com for information on our comprehensive benefit offerings for this role. All Colorado employees receive paid sick leave in compliance with the Colorado Healthy Families and Workplaces Act and other legally required benefits, as applicable.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
