Manager of Corporate Actions

Altruist•Dallas, TX

1d•Hybrid

About The Position

Altruist is in the midst of an exceptional growth phase and we’re excited to hire a Manager of Corporate Actions & Income Processing to join our growing Operations team. In this role you'll manage a team, as well as help own the full event lifecycle—from announcement through allocation and reconciliation—across equities, ETFs, mutual funds, and fixed income (with expansion into alternatives and listed options). This role is ideal for a hands-on leader with deep operational and technical knowledge who can lead modernization, automation, and control initiatives. You’ll manage a team, stabilize and document current workflows, enhance controls and efficiency, and partner cross-functionally to deliver a scalable, audit-ready operation. This roles requires a leader with deep subject matter expertise.

Requirements

Experience - 3+ years of experience working in brokerage, clearing, or custody operations focused on managing corporate actions teams.
Strong working knowledge of DTCC PBS
Deep understanding of mandatory and voluntary event types, timelines, market standards, and tax/cost-basis implications.
Education - Ideally looking for a Bachelor's degree or equivalent experience
Securities licenses - Series 7 required; Series 24 preferred (or ability to obtain).
Ownership - The pride you put into every aspect of your work is unparalleled and undeniable
Superb communication - Intentional dialogue is a superpower. You listen as well as you share your perspective with others.
Resilience - We’re inspired by your unwavering determination to achieve success, no matter the adversity you face along the way.
Assurance - Your confidence is brilliant, yet ego-less. You possess a strong knowledge base, the ability to discover the unknown, and are open to differing perspectives.
Creative problem-solving: Identifying the problem is simply not enough. You’re instinctively creative with your approach in finding solutions to roadblocks.

Nice To Haves

Hands-on experience with FIS and XSP (Phase3/XSP CA platform) strongly preferred
Experience with alternatives or OCC option adjustments is a plus.

Responsibilities

People Management: Manage a team of Corporate Actions professionals.
Corporate Action Processing: Monitor, review, and process all mandatory and voluntary corporate actions—mergers, splits, rights issues, tender offers, warrants—from announcement through completion.
Income Events: Oversee dividends, interest, and related payments; ensure proper withholding, tax treatment, and cost-basis adjustments.
Event Lifecycle Management: Manage announcements, options, elections, allocations, entitlements, and reconciliations with accuracy and timeliness.
Client & Custodian Coordination: Communicate voluntary event details, collect instructions, and submit elections via custodians, DTCC PBS/CA Web/AIP, or proxy agents within deadlines.
Controls & Exception Management: Implement and monitor maker-checker controls, exception dashboards, KPIs, and audit-ready evidence.
Automation & Modernization: Partner with Product and Engineering to streamline workflows, UAT new builds, and drive straight-through processing (STP).
Risk Management: Identify, escalate, and resolve discrepancies; ensure compliance with internal policies and regulatory requirements.
Knowledge Management: Build and maintain robust process documentation, playbooks, and standard operating procedures to support scalability and training.
Vendor & System Ownership: Manage key vendor and platform relationships (DTCC, proxy vendors, custodians), and contribute to platform enhancements (FIS, XSP/Phase3, AIP).

Benefits

A hybrid work schedule for most positions to promote strong, in-person collaboration.
Stunning, amenity-filled office spaces in Culver City, CA, San Francisco, CA, and Dallas, TX. Our offices are intentionally designed for comfort, collaboration, and productivity.
Competitive pay and equity for eligible positions.
Premium healthcare, dental, and vision insurance plans (HMO and PPO).
401k savings plan with a 4% match and immediate vesting.
16 week paid parental leave.
Professional growth and development opportunities including an employee mobility program and an annual L&D budget allocation for each employee.
Company perks program (includes discounts on pet insurance, fitness, cell phone plans, and travel, etc.).
Financial guidance program (includes counseling on navigating debt, tracking personal spend, saving and planning goals, home-purchasing preparedness, etc.).
One month work from anywhere policy (with the exception of a few countries).