Investment Analyst

The Investment Analyst will primarily reconcile stock and cash discrepancies from corporate action event proceeds not automatically processed. This role involves monitoring system queues for failed SWIFT and faxed instructions, processing them, and investigating issues with outgoing SWIFT messages. Responsibilities also include performing basic checks on corporate action event setups, reviewing announcements for Cash Dividend and Interest events, and escalating mismatches. The analyst will reconcile eligible positions and cash, process entitlements, and assist with Nostro cash accounts reconciliation, all while adhering to SOPs and daily cut-offs.

Must Have

• Monitor system queues for failed incoming SWIFT (MT565) and faxed client corporate action election instructions
• Process failed incoming SWIFT and faxed client corporate action election instructions correctly
• Monitor queues for failed outgoing SWIFT (MT567) messages to local sub-custodians or markets
• Investigate basic issues, fix errors as per procedures, and reprocess messages before deadlines
• Perform basic checks on corporate action event setups in internal systems and confirm eligibility
• Review corporate action announcements, mainly Cash Dividend and Interest events from US DTC
• Update or align event details in internal systems as instructed
• Escalate any mismatches or issues to senior team members and work with internal teams, DTC, or vendors
• Reconcile eligible positions and cash between Company and local sub-custodians for corporate actions
• Process and reconcile incoming MT566 or DTC CACO payment messages for corporate action entitlements
• Assist with reconciliation of Nostro cash accounts and internal payables/receivables
• Raise any breaks (including stock breaks from corporate actions) for investigation within defined SLA timelines
• Follow standard operating procedures (SOPs), meet daily cut-offs, and maintain accurate records

Good to Have

• Prior experience in Banking Custody operation business, particularly in Corporate Action operations
• Familiarity with cash and stock transaction processing for corporate action events, particularly for Mandatory Income events for western hemisphere markets mainly US & Canada
• Understanding of SWIFT messages especially MT566 and/or DTC CANO and CACO messages

Perks & Benefits

• Medical/dental/vision insurance
• HSA
• FSA
• 401(k)
• Life, disability & ADD insurance
• Paid time off (for salaried personnel)
• Paid sick leave (for hourly employees on a Service Contract Act project)

Description

Kforce has a client that is seeking an Investment Analyst in Brooklyn, NY. Summary: The primary responsibility is reconciling stock and cash discrepancies arising from corporate action event proceeds that were not automatically processed within the system. The role requires strict adherence to established procedures to resolve system exceptions efficiently and accurately. This role requires focus, accuracy, and the ability to work within a structured framework while managing multiple tasks effectively. Key Responsibilities:

• Monitor system queues for failed incoming SWIFT (MT565) and faxed client corporate action election instructions, and process them correctly to the next step in the workflow
• Monitor queues for failed outgoing SWIFT (MT567) messages to local sub-custodians or markets, investigate basic issues, fix errors as per procedures, and reprocess messages before deadlines
• Perform basic checks on corporate action event setups in internal systems and confirm eligibility prior to event deadlines
• Review corporate action announcements, mainly Cash Dividend and Interest events from US DTC, and update or align event details in internal systems as instructed
• Escalate any mismatches or issues to senior team members and work with internal teams, DTC, or vendors as required
• Reconcile eligible positions and cash between Company and local sub-custodians for corporate actions using MT564 (REPE/RMDR) messages or other information
• Process and reconcile incoming MT566 or DTC CACO payment messages for corporate action entitlements
• Assist with reconciliation of Nostro cash accounts and internal payables/receivables, and raise any breaks (including stock breaks from corporate actions) for investigation within defined SLA timelines
• Follow standard operating procedures (SOPs), meet daily cut-offs, and maintain accurate records of all processing completed

Requirements

• Proficiency in Microsoft Excel, including basic functionalities such as look-ups, formulas, and keyboard shortcuts
• Strong ability to read and execute detailed operating procedures
• A quick learner with the capability to understand various processing applications and payment systems

Preferred:

• Prior experience in Banking Custody operation business, particularly in Corporate Action operations
• Familiarity with cash and stock transaction processing for corporate action events, particularly for Mandatory Income events for western hemisphere markets mainly US & Canada
• Understanding of SWIFT messages especially MT566 and/or DTC CANO and CACO messages, is highly advantageous

The pay range is the lowest to highest compensation we reasonably in good faith believe we would pay at posting for this role. We may ultimately pay more or less than this range. Employee pay is based on factors like relevant education, qualifications, certifications, experience, skills, seniority, location, performance, union contract and business needs. This range may be modified in the future.

We offer comprehensive benefits including medical/dental/vision insurance, HSA, FSA, 401(k), and life, disability & ADD insurance to eligible employees. Salaried personnel receive paid time off. Hourly employees are not eligible for paid time off unless required by law. Hourly employees on a Service Contract Act project are eligible for paid sick leave.

Note: Pay is not considered compensation until it is earned, vested and determinable. The amount and availability of any compensation remains in Kforce's sole discretion unless and until paid and may be modified in its discretion consistent with the law.

This job is not eligible for bonuses, incentives or commissions.

Kforce is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.

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