Director

Key Responsibilities

• Supervise and develop a team of Corporate Actions specialists. Manage intraday queues, coordinate cross-training, and establish operational coverage matrices to meet strict daily depository and international market cutoffs.
• Oversee the announcement capture, validation, and election execution for complex mandatory and voluntary corporate actions across both U.S. and foreign equity securities (including SPAC extensions, mergers, tenders, and rights offerings). Ensure seamless handling of international voluntary instructions.
• Direct the daily processing, balancing, and allocation of domestic and foreign cash dividends, optional dividends, and other corporate distributions, ensuring accurate entitlement calculations and timely credit to client accounts.
• Manage principal and interest (P&I) cash flow movements, factor adjustments, maturities, and bond calls. Partner directly with Stock Loan and Repo desks to track manufacturing payments and resolve position adjustments or payment breaks.
• Maintain a strict control environment by overseeing the daily audit trail matching transaction files and internal ledgers against depository position sheets (DTC/BONY/Custodians). Personally manage and resolve all out-of-balance breaks or position variances across global books.
• Partner closely with internal Product and Engineering teams to build next-generation data master pipelines and test internal platform enhancements. Continually identify opportunities to leverage modern automation tools, AI assistance, and innovative technology to eliminate legacy manual operational workflows.
• Act as the primary escalation contact for prime brokerage clients and institutional desks regarding complex domestic or international elections, oversubscription tallies, fractional shares, and funding exceptions.

Requirements

• 7–10+ years of professional financial services experience heavily focused on Corporate Actions and Asset Servicing operations within a broker-dealer or clearing firm.
• Proven experience managing foreign/international corporate action events alongside fixed income servicing (factor adjustments, bond calls, P&I tracking) and a clear understanding of their downstream impact on repo, stock loan, and securities lending positions.
• Advanced data evaluation and reconciliation skills; highly proficient with Excel. Comfort utilizing SQL or automated data master tools to manage large transaction sets is a plus.
• Series 7 and/or Series 99 required (or willingness to obtain within an agreed-upon timeline).
• Exceptional problem-solving skills with the ability to thrive under high pressure and tight market deadlines.

Nice-to-Haves

• Builder mentality with experience partnering with Product and Engineering teams on automation and platform enhancements.
• Experience leveraging modern automation tools and AI assistance.

Compensation & Benefits

• Base Salary Range: $160,000 - $215,000 (does not include bonuses or equity).
• Competitive compensation packages, company equity, 401k matching, gender neutral parental leave, and full medical, dental and vision insurance.
• In-office benefits include lunch stipends, fully stocked kitchens, happy hours.