Summary

The Operations Account Specialist – Corporate Actions is involved with many different areas of responsibility in Investment Operations. Primary responsibilities are portfolio reconciliation and corporate actions processing.  The Operations Specialist will also be involved with individual or group projects and initiatives as they occur.  

 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. 

 Qualifications

• 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.

 

This role is based in our Boston, MA or Winter Park, FL office on a hybrid schedule - 4 days per week in-office, 1 day per week remote. 

 

The actual base salary is dependent on several variables including but not limited to education, experience, skills, and geography. In addition, GW&K employees may be eligible for a discretionary bonus and/or commission, which is based on a number of factors, including individual and firm performance.

Base Salary Range

$60,000-$72,000 USD