Banking Specialist - Asset Servicing - Corporate Action

3 - 7 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You will be joining the Asset Servicing team at Avaloq as a part of the Banking Operations team. Your role involves handling the identification and creation of corporate events in the Avaloq Core Banking System. You will need to ensure authorized decisions are received from clients, generate and execute Corporate Action instructions, and update Corporate Action movements accurately and timely. The work environment is fast-paced with a focus on meeting tight deadlines and utilizing technology to enhance performance. - Prepare timely notifications to clients about upcoming events and their impact on asset accounts, and act accurately on client elections by acceptance deadline - Check and validate all activities performed by team members - Process, book, and control various corporate actions and income collections - Identify and action key criteria and in-scope events for all transaction activities - Investigate and resolve stock and cash breaks resulting from event bookings while adhering to quality control measures - Collaborate closely with internal stakeholders, clients, and custodians to ensure proper addressing and booking of corporate action events - Research and respond to inquiries from internal business groups, depositories, agents, brokers, clients, and custodians - Manage deadlines by staying up to date with event progress - Ensure adherence to procedures and controls, escalating potential problems proactively - Assist with ad hoc and scheduled projects, as well as system testing - Train new joiners and ensure learning objectives are achieved - Strong team player with the ability to develop and manage working relationships - Effective prioritization and time management skills - Proven ability to multi-task independently and within a team - Excellent analytical skills with attention to detail - Proficiency in Microsoft Office and willingness to learn new software - Creative and innovative mindset to enhance efficiency, quality, and risk mitigation - Familiarity with financial markets and investment instruments - Ability to work under pressure and meet tight deadlines - Strong written and verbal communication skills in Business English Avaloq values work-life balance and offers hybrid and flexible working arrangements to maintain a healthy balance for its employees. The company embraces diversity and is committed to fostering an inclusive culture where different opinions are valued, creating an environment where individuals can be their authentic selves. You will be joining the Asset Servicing team at Avaloq as a part of the Banking Operations team. Your role involves handling the identification and creation of corporate events in the Avaloq Core Banking System. You will need to ensure authorized decisions are received from clients, generate and execute Corporate Action instructions, and update Corporate Action movements accurately and timely. The work environment is fast-paced with a focus on meeting tight deadlines and utilizing technology to enhance performance. - Prepare timely notifications to clients about upcoming events and their impact on asset accounts, and act accurately on client elections by acceptance deadline - Check and validate all activities performed by team members - Process, book, and control various corporate actions and income collections - Identify and action key criteria and in-scope events for all transaction activities - Investigate and resolve stock and cash breaks resulting from event bookings while adhering to quality control measures - Collaborate closely with internal stakeholders, clients, and custodians to ensure proper addressing and booking of corporate action events - Research and respond to inquiries from internal business groups, depositories, agents, brokers, clients, and custodians - Manage deadlines by staying up to date with event progress - Ensure adherence to procedures and controls, escalating potential problems proactively - Assist with ad hoc and scheduled projects, as well as system testing - Train new joiners and ensure learning objectives are achieved - Strong team player with the ability to develop and manage working relationships - Effective prioritization and time management skills - Proven ability to multi-task independently and within a team - Excellent analytical skills with attention to detail - Proficiency in Microsoft Office and willingness to learn new software - Creative and innovative mindset to enhance efficiency, quality, and risk mitigation - Familiarity with financial markets and investment instruments - Ability to work under pressure and meet tight deadlines - Strong written and verbal communication skills in Business English Avaloq values work-life balance and offers hybrid and flexible working arrangements to maintain a healthy balance for its employees. The company embraces diversity and is committed to fostering an inclusive culture where different opinions are valued, creating an environment where individuals can be their

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