Director, Corporate Actions

Virtus is dedicated to the success of employees and helping everyone on our team achieve their goals.

We are a dynamic, fast-growing organization with the resources of a large firm and the innovative environment of an entrepreneurial company that promotes collaboration and employee engagement. Every member of our team is empowered to make a tangible impact in delivering value for our shareholders and offering clients high-quality investment strategies to meet their financial needs.

Here, employees can thrive personally and professionally. Professional development opportunities help employees enhance their skills and grow in their careers. Meaningful financial rewards and a comprehensive package of benefits support employees at every stage of life and encourage work-life balance, and physical, emotional, and mental well-being.

We believe in the value of an inclusive and respectful work environment and are committed to making a positive impact in the communities where we live and work.  Virtus and our investment managers offer opportunities across the country.

Job Description

The Director, Corporate Actions is responsible for the daily processing and support of corporate actions within Virtus Shared Services trade operations function. This role plays a key part in ensuring the accurate and efficient execution of corporate action events for Investment Managers utilizing the Virtus Shared Service common operating model. 

Key responsibilities include monitoring, analyzing, and processing corporate actions to ensure timely and accurate execution, mitigating operations risk, and supporting the integrity of investment operations. The Director, Corporate Actions will also collaborate with internal teams and external partners to enhance workflow efficiency and maintain compliance with industry standards.  

Primary Job Responsibilities

• Corporate Action Processing   Identify, communicate, and process corporate action notices and responses, ensuring timely and accurate execution.

• Corporate Actions Oversight  Oversee information, communications, and verification of all fixed income corporate action/income events, ensuring processes and procedures are followed.

• Business Analysis and Process Improvement  Identify solutions for business processes, recommend enhancements, and collaborate with teams to streamline processes and create efficiencies.

• Discrepancy Resolution Monitor corporate actions with custodian banks and resolve any discrepancies as necessary.

• Training and Development  Provide training, coaching, and development for new and existing trade operations team members related to corporate action processing.

Ideal Qualifications

• Bachelor’s degree with 7 plus years of related experience. 

• Prior experience with fixed income corporate actions processing at a custodian bank, asset manager, or hedge fund. 

• Experience in a multi-boutique or large investment management organization is a plus. 

• Experience in fixed income securities, equities, derivatives, corporate actions, foreign exchange, and trade settlements.  

• Proficiency with Microsoft Word and Excel. 

• Strong people skills. Demonstrated ability in being flexible and collaborating with stakeholders and colleagues at all experience levels. 

• Exceptional diligence and proficient documentation skills. 

• Ability to work independently or in a team. 

• Works well under pressure and is comfortable with change and complexity. 

• Strong verbal and written communication and comprehension skills. 

• Ability to manage multiple competing deadlines and tasks required.