Corporate Actions Director Morgan Stanley New York

Job Description: • 2-minute read •
The Voluntary Corporate Actions Department is responsible for managing and controlling high levels of risk and liability inherent in the various functions with voluntary corporate actions. The incumbent is responsible for voluntary corporate actions custody functions related to US, Canadian and Latin American securities.
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S/He will be responsible for processing complex/high volume voluntary corporate action events. This includes the daily interpretation and notification of corporate action events as well as the reconcilement, monitoring, and posting of entitlements to the books and records. S/he will be responsible for soliciting and receiving responses from account clients service teams/Investment Managers and trading assistants and for submitting these instructions to the depositories, agent, and/or brokers prior to established market deadlines. S/he will work on multiple various systems to perform corporate action processing. This includes creating announcements, sending client instructions and posting cash and security transactions. The incumbent is responsible for performing daily reconciliations for cash, security, and suspense transactions as well as adhering to established policies and procedures, responsible for responding to customer (internal and external) inquiries in a timely manner.

QUALIFICATIONS
The individual should have a minimum of 5 years voluntary corporate actions managerial experience with a detailed understanding of the process front to back. The individual must be detail oriented, forward thinking, and have the ability to both manage a small team of independent resources in a fast paced, deadline driven, risk oriented environment; as well as, have the ability to provide support in the daily execution of key tasks when needed. Customer service competency is a must with excellent written and verbal communication skills, ideally with experience in working with Prime Brokerage Sales and / or Hedge Funds. The role is a supervisory role and requires Series 99. The candidate should already have passed the Series 99 exam (or equivalent) or be prepared to take and must pass the exam within the first 6 months in the role. Experience using Microsoft Office (Excel, Outlook, Word) is required. The candidate will require the ability to multitask and take ownership of complex issues, be required to meet deadlines as well as be able to work effectively as part of a team.

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