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Open nowPosted 12 hours ago

Senior Corporate Actions Associate

Janney Montgomery Scott LLC48 open roles

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Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America
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Your applicationOpen nowSenior Corporate Actions AssociateJanney Montgomery Scott LLC · Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Janney Montgomery Scott LLC postings stay open a median of 20 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted 12 hours ago

Janney Montgomery Scott LLC median: 20 days open

The posting

The Senior Corporate Actions Operations Associate plays a critical role in managing and processing corporate action events for a wide range of financial instruments. This individual is responsible for interpreting, validating, and executing complex voluntary and mandatory corporate action events while ensuring accuracy, timeliness, and compliance with regulatory requirements. This role also is responsible for processing income, redemption and call events as well as class actions and proxies. The role requires attention to detail, risk awareness, and strong communication with internal stakeholders and external custodians. What you are good at:

Attention to Detail: Consistently delivers accurate, high-quality work in a deadline-driven environment. Effective Communication: Articulates issues clearly with both technical and non-technical stakeholders. Organizational Skills: Prioritizes workload and meets deadlines in a fast-paced, high-volume environment. Client Focus: Understands the importance of advisor and client experience in every operational interaction. Time Management: Manages competing priorities without compromising quality. Problem Solving: Tackles challenges with initiative, judgment, and a continuous improvement mindset.

Responsibilities:

Process Corporate Actions: Review and process a variety of corporate actions (e.g., dividends, mergers, spin-offs, tender offers, rights offerings, class actions, proxies) for domestic and international securities. Event Notification & Research: Interpret and validate announcements from depositories (DTC, JPM), agents, and data providers; ensure timely and accurate dissemination of event information. Reconciliation & Controls: Perform daily reconciliations between internal records and external sources; escalate discrepancies and ensure appropriate controls are followed. Break Resolution: Analyze and resolve position, entitlement, and cash breaks related to corporate action events across internal and external systems. Client Instructions: For voluntary events, track, receive, and execute client instructions; ensure deadlines and participation terms are met. Cross-Functional Collaboration: Work closely with trading, settlements, client service, compliance, and technology teams to resolve issues and improve workflow. Process Improvements: Identify opportunities to enhance automation, mitigate risk, and streamline operations through documentation and operational enhancements. Training & Support: Act as a resource for junior associates and assist with training, quality assurance, and knowledge sharing.

What you have:

Bachelor’s degree in Finance, Business, Accounting or related field (or equivalent work experience).

5+ years of experience in corporate actions or securities operations. Strong knowledge of equity and fixed income instruments and related corporate actions. Experience with DTCC, JPM, BNY or similar custody and processing platforms. Series 99 and Securities Industry Essentials must be obtained within 120 days of start date

Superior time management and organizational skills. Ability to manage multiple tasks, prioritize work and meet tight deadlines. Excellent analytical skills with a strong attention to detail. Strong written and verbal communication skills. Ability to work independently, creatively, and perform at a high level in a fast-paced, high-pressure environment. High attention to detail, analytical skills. Proficiency in Microsoft Excel and other MS Office tools Knowledge of reconciliation or workflow tools is a plus.

This is a hybrid position requiring three days a week in our Philadelphia, PA office. Why work for us? Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee’s life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further. Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. People are our strongest asset. We recognize that when our team members thrive, our firm is more successful.

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