Asset Servicing Associate

Step into a transformative role as an Asset Servicing Asset Manager I within our dynamic IMOS product and service offering team. Here, you will be at the forefront of driving excellence and innovation in managing Income and Corporate Actions operations.

As an Asset Servicing Asset Manager I within the IMOS product and service offering team, you will play a pivotal role in driving excellence and innovation in processing and managing Income and Corporate Actions operations. Your expertise will be instrumental in overseeing ongoing remediation activities, ensuring seamless and efficient processes that enhance our service delivery. Join us in shaping the future of asset servicing, where your contributions will make a significant impact on our clients' success and satisfaction.

As an Asset Servicing Asset Manager I within the IMOS product and service offering team, you will be tasked with the responsibility of processing and managing Income and Corporate Actions operations, as well as overseeing ongoing remediation activities.

Job Responsibilities:

• Process and manage day-to-day operations of all Asset Servicing Income and Corporate Actions processes.
• Set up daily accruals in the asset servicing systems and ensure timely settlement is performed on a daily basis in a controlled manner.
• Identify and repair exceptions to ensure timely projection of income accruals and settlement in the client’s liquidity portfolio, the Investment Book of Record.
• Perform control checks to ensure any missing accruals are set up timely.
• Understand the regulatory requirements by working with Risk & Control, Compliance, Industry (ISDA/Equities industry groups/DTCC, etc.), and internal stakeholders.
• Diligently follow the end-to-end control processes.
• Recommend process and system enhancements.
• Deliver a successfully controlled environment of Asset Servicing.
• Ensure all controls and checks are completed by the end of the day.

Required qualifications, skills and capabilities:

• Good understanding of IB products, including but not limited to Income and Corporate Actions, Trades, Reconciliations
• Good understanding of market regulations and nuances
• Good business analysis skills to drill down the complex asset servicing events for multiple jurisdictions
• Good problem solving skills in order to identify, understand, and address operational and technical issues
• Good communication skills, both written and verbal, including the ability to develop relationships across the various stakeholders including Senior Business executives
• Control mindset to identify process control gaps, prioritize, and mitigate operational risk
• Experience with investment banking environment is a must in Middle Office / Trade Support
• Bachelor’s and/or Master's degree