Executive recruitment company Monroe Consulting Group Philippines is recruiting on behalf of a leading European Bank with an international reach.
They are seeking Corporate Action professionals to join their Prime Brokerage (PB) division. As part of the Prime Solutions & Financing business line, you will play a critical role in our "one-stop-shop" brokerage and banking offering for global hedge fund clients.
You will be responsible for the end-to-end lifecycle management of corporate events-from initial scrubbing and notification to final payment and reconciliation-ensuring seamless execution in the fast-paced US domestic market.
This role is based in BGC, Taguig City. The position requires a full onsite arrangement for the first three months of employment to facilitate onboarding.
Afterward, it will transition into a hybrid setup, offering at least ten days of remote work per month (approximately three days per week).
Key responsibilities:
- Monitoring Corporate Actions in all reliefs and identification of eligible global positions
- Follow-up of events' announcements, forecast and deadlines leading to efficient management regarding scrubbing, notifications and bookings in our general books and recording systems
- Strict follow-up of the expected proceeds/results at payment date, and follow-up controls regarding theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.
- Scrubbing and set up of the corporate events announced in US domestic market.
- Analyse terms prior to transmit notifications to clients.
- Guarantee client events notifications and terms of the offer.
- Control books and records at the different events lifecycle stages and until its pay date.
- Process the bookings of the Income and CoA events' proceeds into client account at pay date, ensuring its reconciliation in accounting systems.
- Manage claim for receivables/payables, toward any external parties in alignment with group guidelines policies for any wire forms.
- Follow and resolve any outstanding items in a timely manner with relevant escalation procedure applicable and compliance duties.
- Risk Mitigation: respect the controls in place, following the approved procedures, proposing updates whenever relevant
Key requirements:
- Bachelors Degree or equivalent
- Experience Level : Senior Associate (5-7 years of relevant experience) |AVP/Managerial 8+ years of relevant experience)
- Good understanding of corporate actions lifecycle.
- Experience in a Prime Brokerage or Institutional Banking environment.
- Demonstrate strong time management/prioritization skills and solid judgment to meet deadlines/cut-offs.
- Rigorous and excellent organization skills.
- Advance knowledge in Excel.
- Excellent verbal and written communication skills.
