Corporate Actions Manager

The Operations Section Manager will be responsible for the management and direction of a specific function within the Operations Line of Business.  Typically this will include management of two or more teams, who receive direct management from team specific supervisors.

 

This position will be responsible for managing the Response and Entitlement Units within the US Corporate Action Processing Team.  The Response team processes voluntary corporate action instructions at DTC, Euroclear, Fund Companies, and for physical securities.  The Entitlement unit processes reorganization payments for the same group of settlement locations.

 

Responsibilities:

· Productivity – Ensure the smooth, effective operation of the function.  Smooth, effective operation includes proper product delivery, proper escalation and resolution of high exposure items, maintaining the proper balance of cost, control and client service (3Cs), and maintaining proper standards and controls.

· Control – Develop, maintain and achieve an integrated Business Plan for the function.  An integrated Business Plan aligns the following in support of business goals and objectives:  Organizational structure, systems priorities, budget, management reporting, and job descriptions.  The plan must support the business goals & objectives of the Division and Operations.

· People – Develop staff members through appropriate recruiting, training, performance management and succession planning.  This includes accountability for partnering with Human Resources on recruiting, hiring and orientation.

· Process Improvement – Develop and maintain a culture of results-oriented, continuous, process improvement.  This includes developing and achieving leap goals, challenging all processes, procedures and practices, and focusing on solutions (not “good reasonsâ€�).  This culture must reach to all levels of the division and transcend the manager’s tenure in the job.

· Client Service – Lead staff by setting high standards, providing a thoughtful approach, having a committed attitude, and by being an effective representative for the company



Qualifications:

· BA/BS degree

· 5 – 7 years of Custody, Brokerage or Operations experience

· Trade Processing, Corporate Action, or Funds Transfer experience applicable

· DTC, FRB, sub custodian settlement knowledge applicable

· Proven people management and development skills

· Proven administrative, organization and planning skills

· Proven relationship and consensus building skills

· Results orientation

· Enthusiastic leadership skill, ability to engage others

 

In additon, there are three additional roles within the same company; Corporate Actions Tax Section Manager, Corporate Action

Inquiry response Division, as well as a Notifications processing manager for mandatory corporate events

 

Positions are all in the Jersey City area.