Senior Corporate Actions Associate

Janney Montgomery Scott LLC•Philadelphia, PA

3d•Hybrid

About The Position

The Senior Corporate Actions Operations Associate manages and processes corporate action events for a wide range of financial instruments. The role interprets, validates, and executes complex voluntary and mandatory corporate actions while ensuring accuracy, timeliness, and compliance with regulatory requirements. It also processes income, redemption, call, class action, and proxy events. The position requires attention to detail, risk awareness, and effective communication with internal stakeholders and external custodians. This is a hybrid position requiring three days a week in Janney’s Philadelphia, Pennsylvania office. The associate also acts as a resource for junior associates and supports training, quality assurance, and knowledge sharing.

Requirements

Bachelor’s degree in Finance, Business, Accounting, or a related field, or equivalent work experience.
At least 5 years of experience in corporate actions or securities operations.
Strong knowledge of equity and fixed income instruments and related corporate actions.
Experience with DTCC, JPM, BNY, or similar custody and processing platforms.
Series 99 and Securities Industry Essentials must be obtained within 120 days of the start date.
Strong time management and organizational skills, including the ability to manage multiple tasks, prioritize work, and meet tight deadlines.
Excellent analytical skills and attention to detail.
Strong written and verbal communication skills.
Ability to work independently and creatively, and to perform at a high level in a fast-paced, high-pressure environment.
Proficiency in Microsoft Excel and other Microsoft Office tools.

Nice To Haves

Knowledge of reconciliation or workflow tools.

Responsibilities

Review and process corporate actions, including dividends, mergers, spin-offs, tender offers, rights offerings, class actions, and proxies, for domestic and international securities.
Interpret and validate announcements from depositories, agents, and data providers, and ensure event information is disseminated accurately and on time.
Perform daily reconciliations between internal records and external sources, escalate discrepancies, and follow appropriate controls.
Analyze and resolve position, entitlement, and cash breaks across internal and external systems.
For voluntary events, track, receive, and execute client instructions and ensure deadlines and participation terms are met.
Collaborate with trading, settlements, client service, compliance, and technology teams to resolve issues and improve workflows.
Identify opportunities to improve automation, mitigate risk, and streamline operations through documentation and operational enhancements.
Support junior associates through training, quality assurance, and knowledge sharing.