Middle Office Sr. Associate (Corporate Actions)

At HedgeServ were redefining whats possible in fund administration. With more than $700 billion in assets under administration we partner with the worlds most forward-thinking investment managers across private equity private credit endowments hedge funds and more to deliver seamless tech-enabled solutions that drive performance.

Our proprietary platform enhanced by machine learning and robotic process automation gives clients real-time insights and unmatched control over their operations. Alongside our technology we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle including fund accounting middle office risk compliance tax and investor services.

Were a future-focused company empowering our people through a robust career development framework clear career trajectories with structured learning paths training and progression plans. We invest in leadership development and in our collaborative culture creating space for talent to grow. Our corporate values Relationships Support Innovation and Expertise create a sense of shared purpose and belonging and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings including remote and hybrid working arrangements and fully paid comprehensive health and well-being benefits. Weve been recognized as an employer of choice earning a top 100 workplaces designation.

Founded in 2008 HedgeServ has grown into a global organization with over 2000 experts across the globe with offices in the United States Grand Cayman Ireland Poland Bulgaria Luxembourg the Philippines and Australia. Weve earned numerous accolades including Top Overall Administrator along with #1 rankings for providing alternative asset services in Accounting Technology Client Service Investor Services Alternative Fund Expertise Reporting and Regulatory Expertise.

Job Description

As we continue through a period of growth HedgeServ is searching for future leaders who can make an immediate impact on our already successful team. Were seeking college graduates who are decisive energetic and self-starting.

The Corporate Action team is responsible for checking all Corp actions that are sent to HSV from external vendors & performing checks to the market to ensure accuracy of information. Acting as a support to internal teams all while looking to grow service offerings to clients for voluntary corp actions.

A successful candidate will assume considerable responsibility within six to twelve months serving as a central point of contact for Nav & MO teams on CA issues helping on-board new clients with the guidance of senior team members and participating in cross-team projects all being possibilities.

Role Responsibilities:

• Responsible for participating in various initiatives and projects within Corporate Action. Take a lead role in increasing efficiency and minimize risk.

• Work with the client internal teams and brokers to ensure Corporate action breaks are verified efficiently to mitigate risk and meet client deliverables

• Corporate Action Research Processing Support and Communications:Involvement in the entire corporate action (CA) life cycle for both voluntary and mandatory corporate actions

• Be responsible for preparation & reconciliation of dividend recs to brokers. Including full resolution from querying PB to analyzing common reasons for breaks

• Confirming receipt of daily vendor Corp action files & investigating failures

• Deal with voluntary corporate action election provider to ensure accuracy & timely delivery

• Liaising with third party vendors to investigate issues raised by clients or teams.

• Analysis of existing CA processs completed across client teams for development Initiatives. To include investigation of manually touched actions by teams

Pre-Requisite Knowledge Skills and Experience:

• 2-5 years of experience in a Corporate action or Middle office/NAV role

• Swift MT564-568 knowledge is a distinct advantage

• Industry platform knowledge: Bloomberg ETRAN desirable SQL

• Exposure to various financial products. Equities/CFDs Options Bonds

• Intermediate level of Excel is required

• Clear and persuasive communicators who can articulate their actions identify root causes and suggest improved ideas