Corporate Actions Associate

Neuberger Berman • New York, NY

1d • $100,000 - $125,000

About The Position

We are looking for a Corporate Actions Associate to join our team to lead end-to-end processing oversight of mandatory corporate action events across global markets and support the processing of voluntary and elective events. The role is accountable for ensuring timely, accurate event capture, elections, entitlements, and downstream notifications/booking, with an increased focus on complex corporate actions (e.g., private events). You will partner closely with Custodians, Accounting, Trading, Middle Office, Legal/Compliance, Technology, and external vendors to drive best-in-class controls, client outcomes, and operational resilience. Primary Responsibilities Mandatory Corporate Actions — Lead (Core Ownership) Own the full mandatory event lifecycle: announcement capture, validation, key-date management, entitlement forecasting, booking instruction routing, and reconciliation through pay-date completion. Engage with mandatory team members to manage and resolve breaks across the processing chain (announcement vs. custody vs. internal static data vs. positions vs. cash/stock movements). Ensure accurate treatment for multi-vehicle structures (e.g., mutual funds, ETFs, pooled vehicles, separately managed accounts) across multiple custodians and markets. Drive timely escalation and decisioning for high-risk / high-impact events (e.g., reorganizations, partial calls, conversions, default/restructuring outcomes). Voluntary / Elective Corporate Actions — Support Support the lifecycle for voluntary events: election eligibility, option set-up, response collection, instruction submission, confirmation tracking, and post-event reconciliation. Coordinate solicitation and election submissions with Trading/Portfolio teams and ensure election submissions meet custody market requirements. Provide clear communications to stakeholders on impacts to positions, cash, restrictions, and deadlines. Handle and/or provide subject matter support for complex actions such as bankruptcy/restructuring outcomes impacting tradability and settlement Interpret event terms and translate into operational requirements, including tax/withholding considerations where applicable (in partnership with Oversight functions). Controls, Risk, and Governance Maintain a strong operational control framework: maker/checker reviews, key risk indicators, exception reporting, and evidence retention. Ensure adherence to internal policies, regulatory requirements, and audit expectations; support internal/external audits and RCSA activities. Identify root causes of recurring issues and work with senior management to implement corrective actions (process, data, vendor, or system changes). Stakeholder and Vendor Management Act as point of contact for custodians, sub-custodians, and corporate action vendors on mandatory event discrepancies, market practice questions, and entitlements. Build effective partnerships with internal teams (Front Office, Fund Accounting, Performance, Client Service, Technology) to ensure consistent and accurate outcomes. Draft and deliver concise event impact summaries and operational status updates to stakeholders. Process Improvement and Change Drive automation and standardization opportunities (e.g., STP expansion, reduced manual keying, improved announcement normalization). Participate in project work (system upgrades, custody migrations, vendor changes, new product launches, market expansions). Contribute to procedure documentation, training materials, and cross-training to build global coverage and resilience.

Requirements

• Bachelor’s degree or equivalent experience.
• 5+ years of Corporate Actions and/or Securities Operations experience (preferably within an asset manager or broker/dealer environment)
• Strong working knowledge of: Corporate action event types (mandatory and voluntary), key dates, entitlements, and settlement impacts
• Global custody operating models and market deadline conventions
• Reconciliation practices (positions, cash, stock movements; internal vs. custodian)
• Demonstrated ability to manage priorities under tight deadlines with strong attention to detail.
• Strong analytical and problem-solving skills; ability to interpret event terms and translate them into operational steps.
• High ownership mindset with disciplined escalation judgment.
• Clear written and verbal communication; able to summarize impacts and deadlines succinctly.
• Strong control orientation (documentation, evidence, audit readiness).
• Ability to lead by influence across global stakeholders and time zones.

Nice To Haves

• Experience with complex corporate actions / reorganizations and market practice nuances preferred.
• Exposure to multi-asset environments (equities, fixed income, ADRs/GDRs, convertibles) and multi-custodian models.
• Familiarity with corporate action platforms and data sources (e.g., custody portals, vendor feeds, SWIFT messaging) and operational workflow tools.
• Prior experience leading process enhancements, controls uplift, or automation initiatives.

Responsibilities

• Own the full mandatory event lifecycle: announcement capture, validation, key-date management, entitlement forecasting, booking instruction routing, and reconciliation through pay-date completion.
• Engage with mandatory team members to manage and resolve breaks across the processing chain (announcement vs. custody vs. internal static data vs. positions vs. cash/stock movements).
• Ensure accurate treatment for multi-vehicle structures (e.g., mutual funds, ETFs, pooled vehicles, separately managed accounts) across multiple custodians and markets.
• Drive timely escalation and decisioning for high-risk / high-impact events (e.g., reorganizations, partial calls, conversions, default/restructuring outcomes).
• Support the lifecycle for voluntary events: election eligibility, option set-up, response collection, instruction submission, confirmation tracking, and post-event reconciliation.
• Coordinate solicitation and election submissions with Trading/Portfolio teams and ensure election submissions meet custody market requirements.
• Provide clear communications to stakeholders on impacts to positions, cash, restrictions, and deadlines.
• Handle and/or provide subject matter support for complex actions such as bankruptcy/restructuring outcomes impacting tradability and settlement
• Interpret event terms and translate into operational requirements, including tax/withholding considerations where applicable (in partnership with Oversight functions).
• Maintain a strong operational control framework: maker/checker reviews, key risk indicators, exception reporting, and evidence retention.
• Ensure adherence to internal policies, regulatory requirements, and audit expectations; support internal/external audits and RCSA activities.
• Identify root causes of recurring issues and work with senior management to implement corrective actions (process, data, vendor, or system changes).
• Act as point of contact for custodians, sub-custodians, and corporate action vendors on mandatory event discrepancies, market practice questions, and entitlements.
• Build effective partnerships with internal teams (Front Office, Fund Accounting, Performance, Client Service, Technology) to ensure consistent and accurate outcomes.
• Draft and deliver concise event impact summaries and operational status updates to stakeholders.
• Drive automation and standardization opportunities (e.g., STP expansion, reduced manual keying, improved announcement normalization).
• Participate in project work (system upgrades, custody migrations, vendor changes, new product launches, market expansions).
• Contribute to procedure documentation, training materials, and cross-training to build global coverage and resilience.

Benefits

• This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package.
• We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level