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Corporate Actions Senior Associate

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Pimco

3mo ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Austin
  • Quick Apply

AI generated summary

  • You have exceptional relationship-building skills, thrive in a fast-paced environment, excel at multitasking, and possess strong attention to detail. You must have 2+ years experience in financial services, knowledge of asset classes, and proficiency in Bloomberg and Microsoft Office.
  • You will ensure accurate completion of corporate action events, collaborate with internal teams, review class action litigation material, and monitor defaulted securities for adjustments.

Requirements

  • If the following qualities resonate with you, we encourage you to apply for this exciting opportunity. At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:
  • You have outstanding relationship-building skills
  • You are able to multi-task and thrive in a demanding, fast paced and collaborative team
  • You have a proven ability to navigate unstructured processes and simultaneously handle responsibilities of multiple challenging demands
  • You are articulate and proactive and have excellent interpersonal skills (verbal and written), and can seamlessly face off across all levels of an organization
  • You have outstanding attention to detail, accuracy and quality, coupled with of shown time management skills
  • You are a driven and motivated self-starter who takes ownership of your work quality and enjoys continuous improvement
  • You are an analytical thinker with independent problem-solving skills, and the ability to promote your own ideas and solutions
  • You are intellectually curious and creative
  • You demonstrate integrity and business ethics
  • You have a high emotional intelligence, are flexible, and resilient
  • Position Requirements:
  • Minimum of a Bachelor’s Degree required
  • Minimum of 2 years of experience in mandatory and voluntary corporate actions and full asset servicing lifecycle for global assets, including an understanding of the impact of corporate events on various financial instruments and asset classes, risks, and related process controls and escalation frameworks
  • Overall, 3-7 years of professional experience within the financial services or investment management industry focused on investment management operations or trade support operations
  • Knowledge of multiple asset classes and how they are used in portfolios, including a strong understanding of fixed income fundamentals
  • Experience with Proxy, Class Actions and/or Data Management desirable
  • Standard MS Office knowledge
  • Proficiency in Bloomberg and Microsoft Office, with an emphasis on Excel
  • Knowledge of Bloomberg Data and other financial service data vendors
  • Exposure or hands-on experience with SQL, VBA, Python

Responsibilities

  • Ensure all aspects of voluntary corporate action, proxy, and class action events are thoroughly and accurately completed prior to deadlines
  • Familiarity with bankruptcy, bank loans, and restructure events
  • Collaborate with internal colleagues in our Portfolio Management, Credit Research, Legal & Compliance, Account Management, and IMS Operations teams
  • Conduct daily reviews of corporate action events through reporting discussed with internal and external constituents
  • Monitoring and reviewing all Class Action litigation material from multiple sources for potential account impact
  • Reviewing Defaulted securities notifications and obtaining proper adjustments from Portfolio Management

FAQs

What are the primary responsibilities of a Corporate Actions Senior Associate?

A Corporate Actions Senior Associate is responsible for managing the lifecycle of all voluntary events, including tenders, exchanges, Dutch auctions, consent solicitations, disclosures, conversions, optional puts, and dividend reinvestments. They may also be involved in Proxy Voting, Class Action litigations, Bank Loans, or Defaulted Securities processing.

What kind of skills are required for a Corporate Actions Senior Associate role?

The ideal candidate for a Corporate Actions Senior Associate role should be technically savvy, possess keen attention to detail, have excellent social skills, and be interested in advancing their career and the team. Strong analytical and problem-solving skills, as well as the ability to collaborate with various teams and vendors, are also important.

How does a Corporate Actions Senior Associate contribute to risk management and vendor data management?

A Corporate Actions Senior Associate works to identify and mitigate risks associated with corporate actions processing, as well as develop and implement process improvements to enhance efficiency and accuracy. They also manage relationships with vendors and custodians, contributing to risk management and vendor data management skills development.

What opportunities for professional growth and development are available for a Corporate Actions Senior Associate?

A Corporate Actions Senior Associate has the opportunity to learn from and collaborate with experienced professionals in the investment management industry, expand their knowledge and expertise through exposure to various asset types, and shape the operations landscape through technology-driven initiatives. They can contribute to the development of best practices and strategic initiatives aimed at improving the overall effectiveness of the corporate actions function.

Pimco

Through changing markets & changing times, PIMCO has been a global leader in active fixed income for 50+ years.

Finance
Industry
1001-5000
Employees
1971
Founded Year

Mission & Purpose

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns