ECLARO: A quick Summary
ECLARO is an award-winning professional services firm headquartered in New York City and operating in the U.S., Canada, UK, Ireland, Australia and the Philippines. We are dedicated to a singular purpose: providing the Right People to meet every client's needs and solve business challenges through strategic staffing, permanent placement, custom outsourcing & offshoring. Utilizing our proprietary TRINIT-E® Service Maturity Model, we help clients implement programs to promote innovation, automation and process improvement.
About the role:
The Assistant Manager oversees the end-to-end Corporate Actions lifecycle for Prime Brokerage clients, including monitoring, scrubbing, notifications, elections, bookings, reconciliation, and break resolution. The role ensures accuracy, control adherence, timely processing, and strong coordination with custodians, agents, internal partners, and clients.
Key Responsibilities:
- Oversee Corporate Actions announcements and identify eligible global positions.
- Review event scrubbing and validation prior to client notification.
- Supervise the election process for voluntary events, ensuring accuracy of aggregated instructions.
- Monitor expected proceeds and validate payments against internal and external books.
- Oversee income and corporate action proceeds booking, ensuring accounting reconciliation.
- Manage receivable/payable claims with external parties under group policy guidance.
- Review and resolve breaks with appropriate escalation and adherence to compliance.
- Ensure tight operational controls and propose updates to procedures where relevant.
- Support team development, training, documentation, and continuous improvement initiatives.
kills & Qualifications:
- Deep understanding of the Corporate Actions lifecycle.
- Strong analytical and problem solving capability.
- Excellent organizational skills, time management, and ability to meet deadlines.
- Strong judgment, critical thinking, and initiative.
- Continuous improvement and operational excellence mindset.
- Strong client focus and collaboration.
- Excellent English communication skills (written and verbal).
- Proficiency in Excel and data handling.
Education & Experience
- Bachelor's degree or equivalent.
- 5–10 years relevant experience in Corporate Actions lifecycle
- Experience using US domestic settlement and corporate action platforms preferred.
If you are passionate about providing top-notch customer service and are eager to grow in the financial services industry, we encourage you to apply!