Portfolio Services – Corporate Actions

Overview

• Manage internal processing of corporate actions for bonds and bank loans, including calls, tenders, exchanges, proxies, and amendments.
• Collaborate with legal teams to review and comprehend complex bankruptcy and distressed events.
• Elect externally on voluntary corporate actions using custodian websites and specialized platforms.
• Communicate corporate action activities to the investment team and reconcile client positions with custodians.
• Monitor accruals and entitlements postings to client accounts for accuracy and compliance.
• Collect and process information related to class action suits and bankruptcies.
• Maintain corporate action information and generate internal and external reports.
• Participate in various ad hoc projects to support portfolio services operations.

Key Responsibilities & Duties

• Handle corporate action activities for fixed income assets, ensuring accurate processing and reporting.
• Coordinate with legal teams to analyze and address bankruptcy and distressed asset scenarios.
• Utilize custodian platforms for voluntary corporate action elections and data management.
• Communicate corporate action updates to investment teams and reconcile client positions.
• Monitor accruals and entitlements postings, ensuring compliance with policies.
• Process class action and bankruptcy-related information for portfolio services.
• Maintain detailed records of corporate actions and generate required reports.
• Support portfolio services through participation in ad hoc projects and initiatives.

Job Requirements

• Bachelor’s degree in a relevant field is required.
• 1-3 years of experience in fixed income corporate actions preferred.
• Prior knowledge of bank loan asset class is advantageous.
• Strong organizational skills and attention to detail are essential.
• Proficiency in Excel and other data management tools is required.
• Ability to analyze complex financial scenarios and propose solutions.
• Effective communication skills for collaboration with investment and legal teams.
• Capability to manage multiple tasks and prioritize effectively in a dynamic environment.