Corporate Action Analyst
Hudson River Trading (HRT) is seeking a Corporate Action Analyst to join our PostTrade Strategic Initiatives team. The PostTrade team at HRT designs and operates the systems and processes that reconcile the firm’s trading with our various brokers and counterparties around the world. Due to the high volume of trades and complexity of our global trading system, we rely heavily on automation to reduce operational risk, ensure data integrity, and maintain regulatory compliance.
In this role, you will work as part of a tight-knit, highly productive Strategic Initiatives team to develop operational efficiencies, collaborating with multiple teams across HRT’s global business. Corporate actions are a growing priority for this team – the ideal candidate has strong knowledge of corporate actions and asset servicing across markets, is passionate about utilizing technology and automation tools to work on a wide scope of operational projects, and is meticulously detail-oriented.
Responsibilities
- Analyze corporate action events from external data sources and verify information accuracy
- Maintain data accuracy within the firm’s reference data catalogue
- Support the full lifecycle of mandatory events, voluntary events, and dividends from announcement to settlement
- Monitor all upcoming corporate actions to verify proper processing throughout HRT’s infrastructure
- Investigate stock and cash reconciliation discrepancies daily and ensure all issues are properly resolved
- Effectively manage and communicate risk around events and liaise with our Algo, Compliance, and Operations teams to optimize accordingly
- Interface with clearing houses, prime brokers, and counterparties on voluntary and election-based actions
- Identify and review corporate action event taxability, ensuring key stakeholders are appropriately updated
- Collaborate with teams across the firm to identify opportunities for new and improved workflows around the processing, settlement, and reconciliation of corporate action events
- Perform root cause analysis on problematic corporate action processing to increase automation
Qualifications
- Minimum of 3-5 years of experience in a Corporate Action operations role, including an understanding of brokerage operations and the maintenance of reference data
- Strong knowledge of asset servicing across global markets, mandatory and voluntary corporate actions, and dividends. Knowledge of dividend tax withholding and processing of proxy votes are a plus
- Deep understanding of corporate action events, procedures, specific risk, and market practice
- Thorough understanding of security attributes across all asset classes as it relates to a security master
- Experience in stock borrow lending and settlement impacts on corporate actions
- Experience with the post-trade life cycle of equities, fixed income, and options
- Experience with external relationship management, including technology vendors, prime brokers, counterparties, etc.
- Experience with SQL and relational databases
- Experience with Bloomberg or Markit is a plus
- Knowledge of UNIX operating systems is a plus (we use Linux)
- Excellent cross-functional communication and collaboration skills
- Ability to work independently in a fast-paced, high-pressure environment
- Willingness to take ownership of challenging work and admit to and learn from mistakes
- Ability to debug, analyze, and troubleshoot problems under fast turnaround times
- Highly analytical nature, with meticulous attention to detail
- Ability to maintain accuracy and speed while processing large amounts of information
Culture
Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.
At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.
Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.
Please be advised: Use of AI tools during interviews or assessments is strictly prohibited, unless otherwise instructed or agreed upon. We employ various methods to evaluate the authenticity of candidate responses. If we determine that AI assistance was used during any stage of the hiring process, we reserve the right to immediately disqualify your candidacy or rescind any job offers extended.