What are the responsibilities and job description for the Corporate Actions Manager position at BetaNXT Inc?
Level/Function: Manager, Operations
Title: Corporate Actions Manager
About BetaNXT
BetaNXT powers the future of connected wealth management infrastructure solutions, leveraging real-time data capabilities to enhance the wealth advisor experience. Combining industry expertise with the power of our proven Beta, Maxit, and Mediant businesses, we are focused on solving our customers’ most demanding integration challenges with flexible, efficient, connected solutions that anticipate their changing needs. Our comprehensive approach reduces enterprise cost, streamlines operations processes, increases advisor productivity, and enhances the investor experience. Together with BetaNXT, wealth management firms are transforming their platforms into differentiating assets that enable enterprise scale and stimulate commercial growth. For more information visit www.betanxt.com.
Mediant, a BetaNXT company, provides investor communications technology and technology-enabled solutions to banks, brokers, corporations, funds and investment managers. Mediant’s innovative technology ensures regulatory compliance and creates opportunities to strengthen shareholder and client engagement.
Position Overview of the Corporate Actions Manager:
The Corporate Actions Manager will oversee and enhance operational functions and provide leadership to the Corporate Actions team. This role requires a strategic thinker capable of developing policies and procedures, partnering with product and technology teams to develop enhancements, managing a team, and ensuring compliance with regulatory standards and established procedures.
This person will be:
- Accountable for ensuring timely and accurate completion of the department’s tasks.
- Accountable for the department’s SLA performance.
- Manage inherent risk related product impacts.
- Accountable for ensuring all procedures and processes meet regulatory requirements and related industry standards.
- Responsible for training, coaching, and assessing staff performance.
Duties and Responsibilities of the Corporate Actions Manager:
Policy Development:
- Develop and implement policies and procedures for operational functions with low to moderate complexity within the scope of responsibility.
- Develop strategies to enhance processes, ensuring that specialized functions comply with regulatory guidelines and industry standards that support risk management and compliance of the product and service.
Material Review:
- Review and interpret corporate action offerings and material.
- Monitor industry related publications and forums.
- Make informed decisions to resolve issues related to resources, objectives, and operations to meet business goals.
Team Leadership:
- Mentor and guide direct reports in expanding their job knowledge, professional development and assist in hiring new talent.
- Foster a culture of effective performance management across the team.
Regulatory Monitoring:
- Stay abreast of corporate actions industry related trends and policies.
- Monitor the regulatory landscape to assess impacts on the team and collaborate with Risk and other stakeholders on significant industry changes.
- Enforce a strong control environment across the team to mitigate risks.
Stakeholder Management:
- Serve as a point of contact for clients and internal stakeholders, ensuring high levels of service and communication.
- Serve as point of contact and participate in corporate action industry related groups, forums, and discussions.
Skills and Experience of the Corporate Actions Operations Manager:
- 5 years of experience in Operations and Corporate Actions in the Financial Services Industry
- Experienced in Microsoft Office Tools (Excel, Word, Outlook, Teams)
- SQL experienced is a plus
- LUCID Charts
- Ability to manage multiple projects under constraint of deadlines.
- Daily communications and interface with clients, operations, industry peers, and other external contacts
- Ability to effectively manage staff time and priorities and adjust to seasonal fluctuations.
- Capacity to think forward and deduce how department’s performance or information gathering will improve processes and collections in the future.
- Exceptional organizational skills and keen attention to detail.
- Solid research skills and ability to work independently.
- Team builder and coach
- Overtime and weekends will be required at times and during peak season. Minimum traveling required
