Corporate Actions Specialist - Aladdin (Max $51/hr W2)
Lenmar Consulting Inc · Boston, MA · 1 mo ago
FinanceContract
Position Summary
Brokerage Investment Management is seeking an experienced Corporate Actions Specialist to join their Operations team. This role demands strong attention to detail, analytical thinking, and problem-solving skills.
Additional Responsibilities
- Assist key stakeholders with corporate action related inquiries, reconciliation, and settlement.
Key Responsibilities
- Provide functional support to MSIM portfolio managers, traders, and portfolio administrators through the Blackrock Aladdin Trade Management System.
- Analyze data and monitor corporate action events in Aladdin between vendors, middle offices and custodians.
- Manage and process both mandatory and voluntary corporate action events from initial announcement through final settlement.
- Solicit and receive responses from the Front Office for Voluntary events and submit instructions to various custodians prior to deadline dates.
- Provide functional support around corporate action workflows including data consumption, maintaining processing standards and management of overall corporate action functions.
- Identify and resolve issues related to corporate action transactions in a timely fashion following established guidelines, procedures, and controls.
- Responsible for cash and position reconciliation related to corporate actions in Aladdin for all designated portfolios.
- Liaise with middle office and custodian banks to resolve unconfirmed settlements and reconciliation items.
- Provide exceptional operational support to key stakeholders.
- Facilitate accurate and timely delivery of critical business inquiries to and from internal clients, internal business colleagues, operational colleagues, and external counterparties.
- Redefine procedures and implement solutions to improve efficiency and help mitigate operational risks.
Qualifications
- Bachelor's degree or equivalent work experience
- 3-5 years of operations and/or related experience
- Strong analytical, organizational, and communication skills
- Strong problem-solving, collaborative, and innovative solution-focused thinking skills
- Knowledge of custodian bank operating standards and interoperability with asset management
- Knowledge of equity and fixed income securities is a must
- Specific knowledge of corporate actions is a must