GW&K Investment Management · 8 hours ago
Operations Specialist - Corporate Actions
Boston, MA
Full-time
Hybrid
Entry Level
$60K/yr - $72K/yr
1+ years expGW&K Investment Management is seeking an Operations Specialist – Corporate Actions to support various aspects of Investment Operations. The role involves portfolio reconciliation, corporate actions processing, and collaboration with team members to ensure data integrity and minimize financial risk.
Financial Services
Responsibilities
Provide Operational support for Advisory, private wealth & institutional accounts
Utilize automated reconciliation system for assigned accounts (daily/monthly) to ensure that all accounts are in proof daily and positions monthly or ad-hoc
Identify cash, transaction, and position discrepancies between GW&K and custodian banks via internal systems and external custodian sites
Research and resolve issues timely by interacting with the teams within operations along with the custodians' web tools to maintain data integrity and minimize financial risk
Conduct/review data checks each day to ensure information on GW&K’s system is correct and troubleshoot any errors
Assist with training other operations team members and provide coverage when needed
Closely monitor our Corporate Actions Dashboard and other data sources to process actions accurately and in a timely manner
Work with portfolio managers and traders to choose the appropriate corporate action option
Collaborate with traders to add and remove trade restrictions on securities as needed
Process transactions to core accounting systems where necessary as related to client accounts
Contact custodians to ensure proper booking of corporate actions in client accounts
Ensure corporate action events are processed and integrated into clients' accounts, then reconciled against the custodians’ records to maintain data quality and reliability. Other responsibilities as determined by the group manager
Qualification
Required
College degree and 1-2 years prior related industry experience
The desire to understand portfolio accounting & process
Familiarity or exposure to domestic & international equities, municipal bonds, corporate bonds, and mortgage-backed securities
Demonstrate a strong interest in deepening understanding of technology-related issues, tasks and responsibilities and actively engaging in technology initiatives and projects
Must be proficient in Microsoft office applications
Excellent attention to detail a must
Benefits
Discretionary bonus
Commission
Company
GW&K Investment Management
Founded in 1974, GW&K Investment Management is a dynamic Boston-based investment management firm that offers active equity and fixed income investment solutions to meet the needs of a diverse client base.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Harold Kotler
Chief Executive Officer, Chief Investment Officer
Tom Powers
Co-CEO
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