Associate -Corporate Action

1 - 4 years

3 - 12 Lacs

Posted:4 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

The Associate Corporate Action is responsible for processing, monitoring, and validating corporate action events such as dividends, mergers, stock splits, rights issues, and redemptions. This role ensures accurate and timely communication and execution of corporate actions in compliance with market regulations and client requirements.

Key Responsibilities:

  • Monitor and capture corporate action events from custodians, depositories, and vendors
  • Validate and interpret event details such as record dates, payment dates, and entitlements
  • Process voluntary and mandatory corporate actions in internal systems
  • Liaise with custodians, counterparties, and internal teams for event confirmations and clarifications
  • Perform reconciliation of positions, payments, and entitlements
  • Ensure accurate and timely notifications to clients and stakeholders
  • Handle exceptions and escalate discrepancies as needed
  • Maintain audit trails and documentation for all events processed
  • Adhere to SLAs, risk controls, and regulatory requirements
  • Support process improvements and system enhancements related to corporate actions

Required Skills and Qualifications:

  • Bachelor's degree in Finance, Accounting, or related field
  • 13 years of experience in corporate actions or securities operations
  • Strong understanding of equity and fixed income corporate action events
  • Good knowledge of market practices, settlement cycles, and depositories (NSDL, CDSL, DTC, Euroclear)
  • Strong analytical and communication skills

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Teamware Solutions

IT Services and IT Consulting

Chennai Tamilnadu

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