Securities operation Associate

Job Summary

We are seeking a detail-oriented and analytical Securities Operations Associate to join our Operations team. In this role, you will be responsible for managing end-to-end processing of corporate actions, dividends, stock distributions, and complex mandatory/voluntary events such as spin-offs, tender offers, and stock splits. You will work closely with custodian banks, depositories, traders, and internal client teams to ensure accurate, timely settlement and accounting of all security events while mitigating operational risk.

Key ResponsibilitiesCorporate Actions Processing

• Event Announcement & Scrubbing: Monitor, validate, and interpret corporate action announcements (mandatory and voluntary) sourced from custodians, prime brokers, vendor feeds (Bloomberg, IHS Markit, Swift), and depositories (DTC, Euroclear, Clearstream).

• Instruction Management: Capture, validate, and execute client and front-office instructions for voluntary events (rights issues, tender offers, exchange offers, proxy voting) prior to deadline cutoffs.

• Complex Event Execution: Direct execution and tracking of complex equity events, including spin-offs, stock splits, reverse splits, mergers and acquisitions (M&A), and name changes.

Dividend & Income Administration

• Entitlement Calculation: Calculate, verify, and reconcile cash dividends, stock dividends, and interest payments across equity portfolios.

• Payment Settlement & Accounting: Oversee payment posting, journal entries, and cash movement on pay dates, ensuring accurate withholding tax treatment and tax reclaiming coordination where applicable.

• Reconciliation: Perform daily cash, position, and entitlement reconciliations to resolve breaks, failed trades affecting dividend rights, or ex-date discrepancy issues with counterparty custodians.