Full-Time

Corporate Actions Operations Specialist

Hybrid, Flexible Options

Posted on 11/18/2024

Broadridge

Broadridge

10,001+ employees

Technology solutions for financial services industry

Fintech
Financial Services

Compensation Overview

$40 - $48Hourly

Mid

Newark, NJ, USA + 1 more

More locations: Catskill, NY, USA

Hybrid role with flexibility to work remotely, assigned to a Broadridge office.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Requirements
  • Minimum 2-3 years in volunteer Corporate Actions in the Reorganization space, back-office systems
  • Must have experience with DTC Corp Actions processing functions and broker dealer operations
  • Knowledge of BPS settlement systems is preferred but not required
  • Strong verbal and written communication skills
  • Ability to multitask and take ownership of complex issues, as well as achieve deadlines and be able to work effectively as part of a team
  • Experience using Microsoft Office (Excel, Outlook, Word)
Responsibilities
  • Process Voluntary events, Mandatory events, Fixed Income, Class Actions, Bankruptcy, Proxy and physical securities processing
  • Provide exceptional client service to our outsourcing clients
  • Perform various reorg events ensuring payments are made 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
  • Demonstrate the ability to identify potential risk scenarios and controls to minimize operational risk
  • Create, maintain, and adhere to all client-related Detailed Function Lists and Service Level Agreements
  • Prioritize deliverables and responsibilities where necessary
  • Communicate effectively and efficiently across departments, with staff, senior management and clients
  • Represent Managed Services team on monthly Business Governance Committee meetings and industry events
  • Track metrics to ensure activity is submitted timely and accurately

Broadridge Financial Solutions provides technology-driven services for the financial services industry, focusing on processing and managing large volumes of financial transactions. They help clients, including financial firms and corporations, track investments and ensure compliance with regulations through data management, analytics, and client communications. Broadridge stands out by offering visibility into a significant portion of ETF and mutual fund assets and generating revenue through subscription services and transaction fees. Their goal is to equip financial institutions with the tools and insights needed to manage investments effectively and enhance client communication.

Company Stage

IPO

Total Funding

$3.1B

Headquarters

New York City, New York

Founded

1962

Simplify Jobs

Simplify's Take

What believers are saying

  • Broadridge's strategic acquisitions, such as CompSci and AdvisorTarget, enhance its capabilities in SEC filings and digital marketing, respectively, positioning it for continued growth.
  • The integration with Transaction Network Services for global futures and options platforms reduces operational risks and simplifies market data management for clients.
  • Broadridge's extensive client base and handling of significant ETF and mutual fund assets provide a stable revenue stream and growth opportunities.

What critics are saying

  • The departure of key executives, such as the CFO, could lead to strategic misalignments and operational disruptions.
  • The highly competitive fintech landscape requires continuous innovation, and failure to keep pace could erode Broadridge's market share.

What makes Broadridge unique

  • Broadridge handles over $10 trillion in daily trading volume, making it a critical player in the financial markets with unmatched transaction processing capabilities.
  • Their comprehensive suite of services, including data management, analytics, and essential communications, provides end-to-end solutions for financial firms, unlike competitors who may offer more fragmented services.
  • Broadridge's focus on regulatory compliance and ESG performance monitoring sets it apart in helping clients navigate complex regulatory environments.

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