Corporate Actions Specialist in Boston, MA

12-month contract, fully onsite in Boston, MA 02109. 2 rounds of virtual interviews.

About the Role

Investment Management is looking for an experienced Corporate Actions Specialist to join their Operations team. This role requires strong attention to detail, analytical thinking, and problem-solving skills. The candidate will be responsible for processing all mandatory and voluntary corporate actions for the firm, assisting key stakeholders with corporate action-related inquiries, reconciliation, and settlement.

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.
• Perform 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.

Requirements

• Bachelor’s degree or comparable 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 (required).
• Specific knowledge of corporate actions (required).
• Knowledge of BRS Aladdin (a plus).