Corporate Action and Income Associate
1 week ago
**Corporate Action and Income Associate**:
**Job ID**:R0343685**Full/Part-Time**:Full-time**Regular/Temporary**:Regular**Listed**:2024-11-12**Location**:Bangalore**Position Overview**:
**Job Title**:Associate, Asset Services (Corporate Actions & Dividends)**
**Location**:Bangalore**
**Corporate Title: Associate**
**Role Description**
- The Associate within Asset Services will have to work in coordination with the staff within the department and will have to work in coordination with the team managers to ensure all the tasks and day to day operations are managed with ease.
- Responsible for ensuring that day to day operations function smoothly and issues are resolved for teams.
- Other responsibilities include to ensure timely and accurate processing of all activities on a daily basis within the given timelines.
**What we’ll offer you**
As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above
**Your key responsibilities**
**Staff Management**
- Effectively Manage team
- Staff development through strong engagement and Training Need Analysis
- Staff performance appraisals on regular basis
- Engage staff in Asset Services/org Initiatives.
- Facilitate change initiatives within the team.
- Ensure planned mobility is provided to staff.
- Manage attrition as per org standards.
- Responsible for conducting weekly staff meetings and monthly one on one session with the team.
- Ensure team morale and motivation is high through team building and regular interaction.
- Responsible for recruitment & Process transitions from onshore locations
**Process Management**
- Building a strong mechanism to take care of volume peaks during peak season
- Identifying operational risks proactively and mitigating appropriately.
- Sound knowledge of Corporate Actions, Mandatory, Voluntary, Income Processing, Fixed Income, redemptions, proxy, class action
- Serve as Internal/external escalation point
- Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc).
- Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank’s business
- Acting as a central point of contact for all the process related issues / improvements etc.
- Building a strong mechanism to take care of volume peaks during peak season
- Building and refining process metrics (benchmarks) by involving team and onsite management
- Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.
- Reviewing daily benchmark reports for each of the process lines, investigating benchmark breaches with Global counterparts and working to improve the process
- Liaising with relevant IT teams to resolve any technical issues preventing the optimum performance of the operational processes.
- To build up process documentation, define benchmarks, capacity model, baseline volumes etc. for newly transitioned processes.
**Your skills and experience**
- 5 to 10 years experience in investment banking operations/ Custody Operations/ Securities Operations with at least 1-2 years of experience in Corporate Actions/Asset Services
- Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
- Ability to identify and develop strong working relationship with internal as well as external ‘client’ groups
- Comfortable dealing with multiple stakeholders and complex situations.
- Strong English written & verbal skills required. Ability to converse clearly with internal and external staff via telephone and written communication.
- Good People Management Skills
- Eye for Details
- Experience of client facing roles (internal & external)
- Graduate in Commerce/ Finance (Preference - Post Graduate/ MBA)
- Ready to travel as and when required
- Be willing to work in shifts.
**How we’ll support you**
- Training and development to help you excel in your career
- Coaching and support from experts in your team
- A culture of continuous learning to aid progression
- A range of flexible benefits that you can tailor to suit your needs
**About us and our teams**
Please visit our company website for further information:
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
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