Corporate Actions Specialist

HUB24 leads the wealth industry as the best provider of integrated platform, technology and data solutions. At HUB24, we know the smartest investments start with our people. We are innovative and ambitious, and we move fast.

At HUB24, we empower our employees to bring their ideas and creativity to work. Rather than getting bogged down in bureaucracy and red tape, we build a culture that supports our team members to have a real impact on our business and the success of our customers.

HUB24 Limited is a company listed on the Australian Securities Exchange (ASX: HUB)

As a **Corporate Actions Specialist**, you will be responsible for processing and managing mandatory and voluntary corporate actions within a non-custody environment, with a strong focus on compliance, efficiency, and accuracy. Working closely with brokers, clearing and settlement participants, and custodians, you will ensure timely execution while maintaining adherence to all regulatory and company policies.

**Key responsibilities**:
- **Processing Corporate Actions** - Accurately process and reconcile **mandatory and voluntary corporate actions**, including dividends, distributions, share splits, rights issues, reconstructions, mergers, and buybacks.
- ** Tax and Cost Base Adjustments** - Ensure the correct **tax treatment** is applied for corporate actions, including **franking credits, return of capital, and capital gains tax impacts**. Accurately adjust the **cost base of securities** in line with tax rulings and corporate action events.
- ** Monitoring Announcements & Regulatory Updates** - Track **corporate action announcements, tax rulings, and regulatory changes** to assess impacts on **systems, processes, and reporting**.
- ** Corporate Action Reporting & System Updates** - Maintain accurate records of corporate actions in **Iress and internal administration systems**, ensuring all relevant data is correctly recorded and reconciled.
- ** Posting Corporate Action Events & Instructions** - Enter and update **corporate action events in the portal**, collate instructions, and ensure timely submission to registries and relevant counterparties.
- ** Reconciliation & Issue Resolution** - Reconcile **cash movements, security positions, and transactions**, proactively identifying and resolving **discrepancies** while escalating time-sensitive or complex issues.
- ** Stakeholder Management** - Liaise with **brokers, clearing and settlement participants, registries, custodians, and internal teams** to ensure smooth corporate action processing and resolve queries.
- ** Assisting with the Annual Tax Project** - Support the **annual tax reporting process**, ensuring corporate action-related tax treatments and cost base adjustments are correctly applied and aligned with compliance requirements.

**Key requirements**:
- Minimum 2 years' financial services experience in related position
- Experience with Corporate Action processing
- Knowledge on Australian securities, Administration of Portfolio re balances in IPS
- Knowledge of IRESS products and services
- Knowledge of Compliance monitoring framework (IPS)
- Strong communication skills
- Experience in IRESS IPS
- MS Excel
- Intermediate/ advanced skills
- Knowledge of domestic and international trading execution and settlement.

**THE HUB24 STORY**We think creatively and we're not constrained by traditional thinking or barriers to success. We're led by experts, realists with ideas, grounded in commercial reality who are bold enough to visualise the future a little differently and to advocate for what matters to our clients. We are here to lead change and are committed to empowering better financial futures for more Australians.

**Benefits and Life at HUB24**Learn more about our employee benefits HERE.

**Check out why our people love working at HUB24**

We pride ourselves on being an inclusive employer of choice where our people can bring their whole selves to work and feel 100% safe and supported to do so. If you don't feel you fit this role 100%, we would still love to hear from you. Tell us what you're interested in - you still might have a skill we didn't realise we needed

**The Recruitment Process**:

- If you're a person with an impairment or disability, this is an opportunity to share with us any accessibility requirements that you may have for the role.
- Interviews can happen virtually or face to face with the hiring manager, or other members of the broader team. Depending on the role, there may be more than two interviews.**2024 Circle Back Initiative Employer** - we commit to respond to every applicant.

Endorsed by **WORK180,** we are proud to be recognised as an employer of choice for women.

We have been nominated and placed on the** BOSS Best Places to work list.**

Seek Star Awards 2024 - Nominated as a finalist for the **Best Employer Brand Initiative