Dividend and Reorganization Manager

Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America Req #816
Friday, October 1, 2021
Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments.  We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

The individual selected for this role will provide strategic managerial support to a staff of 12 professionals within Operations.  Candidate will work closely with all Operations Teams, Risk and Compliance, Securities Lending and Trade Support to ensure timely and accurate postings of proceeds, timely and accurate delivery of time-sensitive information and will act on instructions from the field for all client accounts.

 

ESSENTIAL DUTIES & RESPONSIBILITIES INCLUDE:
 
  • Delegate review process to staff for daily operational reports. Supervise and review daily processing to ensure timely resolution of operational errors and compliance with various regulatory rules
  • Active management of 2 teams – DIV/Reorg and Securities Processing
  • Oversight of accurate and timely processing of all cash and stock proceeds on payable date
  • Oversight of accurate and timely field notification of upcoming Voluntary Corporate Actions
  • Ability to prioritize and execute duties quickly and accurately within tight timeframes
  • Oversight of departmental account reconciliations on a daily basis
  • Continuous monitoring of all daily functions with a vision for process improvement
  • Familiarity with Alternative Investment Products (AIP), physical security certificates, private placements, restricted securities
  • Provide excellent customer service to all clients (internal and external)
  • Competently use Word, Excel, PowerPoint, Outlook and other applications to complete necessary operational duties
  • Interface effectively with Management Teams, Operations Departments, and all other areas of the firm
  • Update policies & procedures, and draft new policies and procedures, as needed
  • Assist with projects and operations initiatives
  • Perform other duties as assigned and assist others when necessary

REQUIRED SKILLS:

  • Strategic leadership and development capacity
  • High degree of accuracy and attention to detail
  • Proficient in Microsoft Word, Excel, PowerPoint and Outlook
  • Experience using Thomson Beta, BRIO and Metaviewer a plus
  • Strong initiative and time management skills
  • Ability to thrive in a fast paced environment and meet critical deadlines
  • Superior written and oral communication skills in order to interact at all levels of the firm
  • Strong initiative and time management skills
  • An effective team player that works well under pressure and interacts appropriately with others
  • Familiarity with DTCC, JP Morgan, BNYM a plus

REQUIRED EXPERIENCE:  

  • Bachelor’s Degree or equivalent experience
  • 5-7 years related work experience in the financial services industry, Operations preferred
  • 2-3 years of management experience
  • Series 7 license preferred or willingness to complete after 6 - 12 months of employment

Janney is dedicated to promoting and supporting diversity within our workplace.  We provide an environment that promotes respect, integrity, teamwork, achievement and acceptance regardless of age, disability, education, gender, gender expression, gender identity, job level, marital status, military status, national origin, parental status, pregnancy, race, religion, sexual orientation, socioeconomic status, or other protected factors. Janney is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities.

Other details

  • Pay Type Salary
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  • Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America