Corporate Action Associate

Job Description Summary

The Corporate Action Associate plays a critical role in managing and processing complex corporate action events within the financial services industry. This position is responsible for responding to inquiries, processing transactions, and reconciling client and firm positions related to both domestic and international securities. Corporate actions may include voluntary events such as exchange offers, election mergers, tenders, and rights exercises, as well as mandatory events including dividend and interest allocations, reverse splits, mergers, reorganizations, liquidation of Unit Investment Trusts, and class action settlements.

The role requires strong attention to detail, analytical skills, and the ability to interpret legal and financial documentation to ensure accurate and timely execution of processes.

This position follows a hybrid-friendly schedule, providing a balance of flexibility and collaboration. Office days will be 3 per week, averaging 12 days per month, in one of the following locations:
Southfield, MI;
St. Petersburg, FL; or Memphis, TN.

• Produce, update, and provide best practice support on Microsoft documents, databases, and other departmental systems. Tasks may include purchasing materials, entering budgetary information, and recording time and expenses.
• Carry out operational tasks by following established processes. This will involve adjusting multiple settings or parameters to meet performance standards.
• Prepare routine letters, memoranda, reports, and similar documents following detailed instruction, utilizing the full range of functions within standard office software.
• Create, organize, and maintain files containing the correspondence and records of a senior colleague.
• Help manage internal client relationships by supporting others to build effective working relations.
• Assess compliance with established standards and protocols for routine inquiries.
• Support others by working on a variety of data management tasks.
• Develop working knowledge of the organization's policies and procedures and of regulatory codes and codes of conduct relevant to own work, and adhere to mandatory procedures to ensure work meets required standards.
• Develop and maintain excellent process or technical skills by participating in assessment and development planning activities as well as formal and informal training and coaching.

• Securities industry related to job responsibilities, department, and division.
• Products concepts relating to financial services industry, including financial instruments, financial management, and cash and capital principles.
• General office practices and procedures.

• Supports business processes with guidance but not constant supervision by effectively using standard office equipment and software packages.
• Uses clear and effective verbal communication skills with guidance to express ideas, request actions, and formulate plans or policies.
• Plans, organizes, prioritizes, and oversees activities to efficiently meet business objectives with guidance.
• Develops appropriate plans or performs necessary actions based on recommendations and requirements with guidance.
• Analyzes data trends for use in reports to help guide decision making with guidance.
• Performs mathematical operations such as report analysis with an understanding of numerical concepts and guidance.
• Selects, deploys, and obtains best results from the most appropriate office system with guidance.
• Monitors, interprets, and understands policies and procedures, ensuring alignment with organizational strategies and objectives with guidance.

Bachelor’s in Accounting, Business Administration, or Finance;
High School (HS) is required.

General

Experience:

7 to 12 months.

No specific certifications required.

Less than 25%.

Hybrid.

The total compensation for this position includes base salary or wages and may include components such as additional cash or equity compensation, discretionary bonuses, or commissions. The position is eligible for a benefits package that may include medical, dental, vision, life insurance, critical illness insurance, accident insurance, disability benefits, retirement savings, paid time off (including vacation, holidays, and sick leave), and parental leave.

• Grow professionally and inspire others to do the same.
• Work with and through others to achieve desired outcomes.
• Make prompt, pragmatic choices and act with the client in mind.
• Take ownership and hold themselves and others accountable for delivering results that matter.
• Contribute to the continuous evolution of the firm.

Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.