Asset Services Specialist

Location Type: On-site

 

About Daiwa Capital Markets America Inc.:

Incorporated in 1964, Daiwa Capital Markets America Inc. (“DCMA”) is a New York-based registered securities broker-dealer, a futures commission merchant, a primary dealer of U.S. Treasury securities, and a member of the New York Stock Exchange and other major U.S. exchanges. Our main focus is on the sales and trading of Japanese, Asian, and U.S. equities, fixed income instruments, financial futures, and investment banking for institutional customers. DCMA’s ultimate parent company is Daiwa Securities Group Inc., one of the largest brokerage and financial services groups in Japan.

Position Summary:

The Asset Services Specialist will work within the Corporate Actions and Operations Tax Reporting team to ensure the complete and accurate processing of events for the firm’s affiliates that clear and custody their US trading activities with DCMA. The role also includes liaising with internal and external departments/partners with respect to business process improvement that enhance and improve the client experience at DCMA. Reporting to the AVP, Corporate Actions Specialist, you will be an integral part of the Asset Services team and overall Operations department.

Core Responsibilities:

• Update the corporate actions applications and to reflect voluntary and mandatory distributions and other events that are announced.
• Ensure accuracy and timely communication to clients, while following the established protocols and processes of the firm.
• Monitor and analyze upcoming corporate actions, processing events in accordance with established procedures and systems, determining entitlement, and processing related financial transactions.
• Work with data and serve as a business analyst to produce and roll out automations within the corporate actions team and other areas of Operations.

Qualifications:

• Bachelor’s degree from an accredited four-year institution.
• 5+ years’ related experience within Operations, Asset Services, Corporate Actions required.
• Experience with voluntary corporate actions required.
• Technical skills, specifically data management, analysis, and automation.
• Series 99 preferred.
• Required to work in the New York office 5 days per week for the first 90 days of employment, and then 3-4 days per week after full training is completed.

Company Culture and Benefits:

Daiwa Capital Markets America Inc. has a vibrant company culture made up of a diverse team of professionals. We seek to foster an atmosphere in which our employees understand, respect, and inspire each other. We will continue to build a culture that encourages everyone at DCMA to take pride in their work. How we work – individually, with each other, and with our communities – is just as important as what we do and shapes who we are as an organization.

Our people are our most important asset, and as a result, we offer a competitive and robust total rewards package which includes, but is not limited to:

• Competitive Benefits Package (Medical, Dental and Vision)
• Ancillary Insurance (Basic Life Insurance, AD&D Insurance, and Short & Long-term Disability)
• Flexible Spending and Health Savings Accounts (FSA and HSA)
• Employee Assistance Program (EAP)
• Comprehensive health and wellness benefits
• Parental Leave
• Family building benefits
• 401(k) with company match
• Paid Time Off and holidays
• Professional development, educational assistance and training programs
• Community Engagement Programs

DCMA has a hybrid work program in place, with opportunities for remote work depending on the nature of the role and needs of your department. This was implemented to provide operational efficiency while simultaneously giving employees flexibility. At a minimum, employees are expected to work in the office three days per week.

DCMA provides equal employment opportunities for all applicants and employees. We are committed to providing a work environment that is free of discrimination and harassment. DCMA prohibits discrimination based on race, color, religion, gender identity, national origin, sexual orientation, age, disability, military or veteran status, or other attributes protected under applicable federal, state, or local laws.