DRW

Corporate Actions Associate

DRW  •  $110k - $150k/yr  •  Chicago, IL (Onsite)  •  5 hours ago
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Job Description

DRW is a diversified trading firm with over 3 decades of experience bringing sophisticated technology and exceptional people together to operate in markets around the world. We value autonomy and the ability to quickly pivot to capture opportunities, so we operate using our own capital and trading at our own risk.

Headquartered in Chicago with offices throughout the U.S., Canada, Europe, and Asia, we trade a variety of asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across all major global markets. We have also leveraged our expertise and technology to expand into three non-traditional strategies: real estate, venture capital and cryptoassets.

We operate with respect, curiosity and open minds. The people who thrive here share our belief that it’s not just what we do that matters–it's how we do it. DRW is a place of high expectations, integrity, innovation and a willingness to challenge consensus.

In support of the firm’s expansion, DRW is seeking a Corporate Actions Associate to join and bolster the Global Trading Operations team. This role will be critical in establishing an efficient and respected global team that will serve as the firm’s main point of contact for Corporate Action processing and related inquiries. This position presents a unique opportunity to work directly with product managers and technology to build out a new sophisticated Corporate Actions system to meet the firm’s daily operational and front office research-based needs. The ideal candidate is an independent, detail-oriented, and reliable problem solver with a track record of improving operational efficiency and reducing risk.

Role & Responsibilities:

  • Serve as a primary support contact for daily Corporate Actions operations and research
  • Review and validate all global dividend, mandatory, and voluntary event details within DRW’s event management system and swiftly resolve outstanding exceptions and risk
  • Collaborate with team members globally to oversee all entitlement and liability processing, consult with technology partners to resolve any daily exceptions
  • Monitor and process all upcoming voluntary corporate action elections in timely fashion
  • Reconcile all corporate action entitlements against prime broker & custodian reports
  • Act as a firm subject matter expert to investigate and respond to inquiries from internal trading desks, technology, and other internal and external stakeholders promptly
  • Partner closely with DRW’s technology teams to enhance daily operations: assist in the firm’s event management build and appropriate testing, define system logic to automate entitlement bookings & adjustments, provide clear requirements to improve reconciliation efforts, etc.
  • Assist with team’s global evolving risk and coverage model – suggest new methods and controls to ensure smooth processing and quick resolution of all events and entitlements

Requirements:

  • 3-5+ years of relevant corporate action experience, preferably across all regions/markets
  • Solid understanding of each corporate action type & its respective lifecycle and nuance
  • Direct experience with Corporate Action vendor data and prime broker portals preferred
  • Working knowledge of equity instrument reference data preferred
  • Proven experience working in an operational project setting to drive measurable results
  • Strong written & verbal communication skills, comfortable interacting with various stakeholders throughout the firm
  • Reliable team player who can manage both day to day operations & project support

The annual base salary range for this position is $110,000 to $150,000 depending on the candidate’s experience, qualifications, and relevant skill set. The position is also eligible for an annual discretionary bonus. In addition, DRW offers a comprehensive suite of employee benefits including group medical, pharmacy, dental and vision insurance, 401k (with discretionary employer match), short and long-term disability, life and AD&D insurance, health savings accounts, and flexible spending accounts.

For more information about DRW's processing activities and our use of job applicants' data, please view our Privacy Notice at https://drw.com/privacy-notice.

California residents, please review the California Privacy Notice for information about certain legal rights at https://drw.com/california-privacy-notice.

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DRW

About DRW

At DRW, we identify and capture trading and investment opportunities globally. What sets us apart is our diversified approach—trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. We succeed by leveraging technology, research and risk management.

We offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. Our employees work hard to solve interesting problems, and their results are rewarded. We value continuous learning—from our outcomes, from the environment and from each other. It’s a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you’ll meet.

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Chez DRW, nous identifions et saisissons les opportunités de négociation et d'investissement au niveau mondial. Ce qui nous différencie, c'est notre approche diversifiée : nous négocions sur de nombreuses classes d'actifs et d'instruments, sur des marchés du monde entier, avec des horizons allant de quelques secondes à plusieurs années. Nous réussissons en nous appuyant sur la technologie, la recherche et la gestion des risques. Nous offrons le meilleur des deux mondes: les opportunités et l'ésprit d’une entreprise en démarrage, et les avantages et la stabilité d'une entreprise établie et expérimentée. Nos employés travaillent dur pour résoudre des problèmes intéressants et leurs résultats sont récompensés. Nous valorisons l'apprentissage continu – de nos résultats, de l’environnement et de chacun de nous. C’est un lieu où les attentes sont élevées, la curiosité est profonde et la collaboration est constante, et où l’on retrouve quelques-uns des individus les plus intelligents et les plus passionnés que vous puissiez rencontrer.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Chicago, IL
Year Founded
Unknown
Website
drw.com
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