Asset Servicing Specialist at Wolverine Trading

Chicago, Illinois, United States

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$110,000 – $140,000Compensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Asset Management, TradingIndustries

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or related field
3+ years of experience in asset servicing, corporate actions, credit operations, or trading operations
Strong understanding of cash flows, entitlements, and the lifecycle of securities
Excellent attention to detail and organizational skills
Strong communication skills and ability to interact with multiple internal teams and external partners
Programming exposure is a plus
Proactive, team-oriented mindset with the ability to work independently in a high-stakes environment
Experience in asset servicing or trading operations across multiple securities classes

Responsibilities

Setup, monitor, process, and reconcile corporate action elections and activity
Collaborate with traders, portfolio managers, and external counterparties to resolve discrepancies, confirm asset servicing events, and manage risk
Maintain accurate records and reporting of all corporate action activity
Support broader operations through process improvement initiatives including evaluating current processes and systems
Identify and escalate potential risks or breaks in a timely manner, while working to streamline workflows

Skills

Key technologies and capabilities for this role

corporate actionsasset servicingtrading operationscash flowsentitlementssecurities lifecyclereconciliationprocess improvementrisk managementprogramming

Questions & Answers

Common questions about this position

What is the salary range for the Asset Servicing Specialist position?

The base salary range is $110,000 - $140,000, which is only one part of total compensation that also includes an annual discretionary bonus.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need 3+ years of experience in asset servicing, corporate actions, credit operations, or trading operations, a strong understanding of cash flows, entitlements, and securities lifecycle, plus excellent attention to detail, organizational skills, and communication abilities.

What is the work environment like at Wolverine Asset Management?

The role is in a fast-paced, collaborative environment where you'll work with traders, portfolio managers, and external counterparties, requiring a proactive, team-oriented mindset with the ability to work independently in high-stakes settings.

What makes a strong candidate for this Asset Servicing Specialist role?

A strong candidate has a Bachelor’s degree in Finance, Accounting, Economics, or related field, 3+ years in asset servicing or trading operations, strong securities knowledge, attention to detail, communication skills, and a proactive team mindset; programming exposure is a plus.

Wolverine Trading

Diversified financial services and trading firm

About Wolverine Trading

Wolverine Trading operates in the financial markets, providing services such as proprietary trading, asset management, and execution services. In proprietary trading, the company engages in market making, which involves buying and selling securities to provide liquidity, and valuation arbitrage, which takes advantage of price differences across markets. The asset management segment focuses on managing investment funds to generate returns for clients through various strategies. Execution services ensure that clients' trades are executed efficiently and at optimal prices, which is particularly important for institutional investors. Unlike many competitors, Wolverine leverages its technological capabilities and market expertise to deliver value to clients. The company's goal is to maintain a competitive edge in the financial markets while fostering a strong company culture that promotes teamwork, creativity, and continuous learning.

Chicago, IllinoisHeadquarters

1994Year Founded

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

201-500Employees

Benefits

Highly competitive salary bonus

Generous paid time off and flexible scheduling

100% coverage of medical, dental, vision, life, and disability benefits for single coverage

Generous Paid Parental Leave

Retirement Plans: 401K and Roth 401K

Profit sharing plan

Long and short-term disability

Risks

High-frequency trading competition may erode Wolverine's market share in proprietary trading.

DeFi platforms threaten traditional asset management services offered by Wolverine Trading.

Regulatory scrutiny on algorithmic trading could impact Wolverine's operations and profitability.

Differentiation

Wolverine Trading excels in market making and valuation arbitrage across global markets.

The company leverages innovative technology to enhance trading and execution services.

Wolverine's strong company culture emphasizes teamwork, creativity, and continuous learning.

Upsides

Increased algorithmic trading adoption enhances market efficiency, benefiting Wolverine's market making.

ESG investing rise offers new opportunities for Wolverine Asset Management's sustainable strategies.

Growing demand for real-time data analytics boosts Wolverine Execution Services' technology offerings.

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