Corporate Actions Associate
Freetrade
London, UK
2d ago

At Freetrade, we believe investing should be open to everyone. It’s one of the best ways to grow your savings, but for a lot of people, investing seems complicated, expensive and out of reach.

We want to change all that, which is why we're on a mission to get everyone investing!

We're a technology company that brings simple, free stock investing to all. We’ve built a beautiful investing app to trade in real shares, with zero commissions in a fluid, mobile-first experience.

We’re not building an app for day-trading. We will never offer things like leveraged derivatives which are proven to lose the majority of customers their money.

We’re building an app that can offer the means to achieve better, long-term financial outcomes and maybe even help chip away at one of the biggest issues of this generation; financial inequality.

As the first challenger stockbroker to disrupt the £1.2 trillion UK retail investment market, we’re poised to expand into Europe in 2021.

We’ve just closed a Series B funding round led by New York-based growth fund, Left Lane Capital, alongside L Catterton, and Draper Esprit, bringing the total that we’ve raised to over £65m.

We have also successfully launched various new revenue streams over the past few months, including our premium Plus’ membership and SIPPs (Self Invested Personal Pensions).

We are on track to double in size from 120 people to 200+ by the end of the year. Our customer numbers are 450,000 and counting, and we are receiving upwards of 4,000 new customer sign ups per day as of January 2021.

As we’re onboarding our community, we are seeking an enthusiastic individual to join our Brokerage Operations team . This is a fantastic opportunity for a motivated individual to play a key role in the next phase of Freetrade’s growth.

Ideal opportunity for those who are in the early stages of their career and who would be interested to work in the brokerage or fintech space.

You will provide end-to-end administrative support for the team - Some of these tasks include - Processing all types of Corporate Actions, Dividends, Journals, Bank Movements.

In your first twelve months at Freetrade, you will :

  • Become an integral member of the Brokerage Operations team taking responsibility for queries from all areas of the business and our customers.
  • Develop your understanding of operational processes including Dividend processing and corporate actions.
  • Using data feeds / company and Custodian announcements to monitor for upcoming corporate actions.
  • How certain corporate actions affect Freetrade and our underlying clients.
  • The different types of dividend payments that can be made.
  • The risks associated with corporate actions and the importance of an effective corporate actions team
  • The regulatory framework around Brokerage operations
  • Understanding the impact of corporate actions and dividends on cash and stock reconciliation.
  • Deal with day to day Dividend and Corporate action queries from our customers via email.
  • Provide end-to-end administrative and Dividend / Corporate Action support for the team - Some of these tasks include
  • Daily monitoring of dividend and income payments received and chasing any outstanding payments.
  • Accurate processing of dividend payments to underlying clients within agreed SLA’s
  • Checking corporate action notifications and notifying affected clients of any upcoming actions
  • Reconciliation of corporate action entitlements and ensuring systems and the app are updated accordingly
  • Review of pricing feeds and stock static data
  • Supporting the wider team
  • Work towards achieving professional qualifications (IOC)
  • About you :

  • You will have a keen interest in learning about the brokerage environment
  • You will be willing to work independently and thrive in a fast-paced working environment where you can act on and share ideas
  • Love a challenge, able to make an impact and take ownership of your work
  • About you :

  • Ideally you will have some experience in Corporate actions or in wider financial services.
  • You will have a keen interest in learning about the brokerage environment
  • You will be willing to work independently and thrive in a fast-paced working environment where you can act on and share ideas
  • Love a challenge, able to make an impact and take ownership of your work
  • Logistics :

    The interview process will include an initial phone interview followed by a short task and then a final stage interview in our offices in Aldgate East.

    We offer a competitive salary plus stock options and lots of other benefits .

    We are an Equal Opportunity employer committed to a diverse and representative team. Whatever your race, religion, colour, national origin, gender, sexual orientation, age, marital status, or disability - we want to hear from you.

    We're very open about what we're working on, and the best places to learn more are our buzzing community forum and our blog.

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