0 years
0 - 3 Lacs
Posted:2 months ago|
Platform:
Work from Office
Full Time
Role & responsibilities We are seeking a dedicated and detail-oriented Associate to join our Corporate Actions team. This role is critical in facilitating Corporate Action event information from Custodians to Investment Managers/Clients and supporting client elections. The Associate will also be responsible for record-keeping activities to mitigate risks impacting fund valuation. Key Responsibilities: Direct Responsibilities: Cross-checking information received with other data sources. Communicating with local sub-custodians to resolve open issues. Analyzing corporate events to anticipate reporting/processing issues. Setting up financial information in the accounting system. Collecting and relaying updates related to corporate events. Processing securities reconciliation with sub-custodian client positions. Verifying eligible positions within the custodian. Ensuring all eligible positions are instructed before response deadlines (voluntary events). Consolidating client instructions for voluntary events. Sending participation instructions to sub-custodians (for voluntary events). Confirming that instructions have been acknowledged by custodians. Tracking payment dates to advise clients accordingly. Processing payments upon recovery of cash/securities from sub-custodians. Handling foreign exchange orders as per client setup. Managing manual adjustments related to cash/securities. Justifying cash/securities breaks to control teams regularly. Contributing Responsibilities: Regularly evaluating and updating documented procedures. Participating in brainstorming sessions and sharing best practices. Technical & Behavioral Competencies: Strong accounting knowledge; familiarity with SWIFT messages is an advantage. Proactive attitude and eagerness to learn new skills. Proficient in MS Word, Excel, and other relevant tools. Flexible with working hours. Excellent communication and interpersonal skills. Qualifications: [Specify degree, e.g., B.Com, BBA, or relevant field] [Specify certifications if applicable, e.g., CFA, FRM, etc.] years of relevant experience in Corporate Actions or related operations. Key Competencies: Client Focus: Committed to providing professional, timely responses to client needs. Communication: Strong oral and written communication skills. Teamwork: Ability to collaborate effectively with team members. Continuous Improvement: Innovative problem-solving and process improvement mindset. Why Join Us? Work in a dynamic, collaborative environment. Opportunities for professional growth and development. Exposure to global financial markets and operations.
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My Connections Teamware Solutions
IT Services and IT Consulting
1001-5000 Employees
402 Jobs
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