Corporate Action Processor Role 3-6 Yrs

3 weeks ago

Mumbai, Maharashtra, India Rangam Infotech Full time

Background on the TeamThe Mumbai team within the Asia Pacific group is an asset servicing team responsible for managing the timely and accurate processing of corporate events which effect security positions and entitlements held by our clients and proprietary trading desks The group consists of two teams being the Pre-payment research only and Payment Control teams Primary Responsibilities The successful candidate will report directly into the Director managing one of the two teams The primary tasks for the successful individual will include Periodically propose control enhancements and follow through with IT to migrate into production Risk monitoring reporting Individuals must work closely with their line manager in order to prioritise key risks and identify potential loss making breaks Provide support and training to offshore vendor teams Liaising directly with agents and clients to validate corporate action events to ensure accuracy of data points and timeliness of flows Complete extensive reviews of corporate action events to capture and send notifications to clients where applicable Reconciliation of Corporate Actions and Coupons - this requires diligence accuracy and self-motivation to ensure that risk is controlled and targets are met Much of the reconciliation work can be complex of high value and the resolution may require working with other teams and business units to ensure the correct outcome Communicating with external agents and internal business units another essential component of the role is dealing with ad hoc requests from a variety of different Business Units across Client s e g Client Service Groups Private Wealth Management and Financial Controllers as and when they arise Participate in system testing and respond to ongoing demands for increased coverage and service Skills required The ideal candidate should display the following Proficiency in navigating internet and web-based applications Strong organizational skills to be able to use time well and prioritise tasks effectively Can work well under pressure lending control and order to a difficult or pressurised situation Good analytical reconciliation skills Good command of English language oral and written The candidate should have a minimum of two-years banking experience Good time management and attention to detail is essential as the role is in a high volume high risk area that works to strict deadlines Prepared to work additional hours to meet deadlines and strong time management skills Previous experience of Corporate Actions preferable Interpret wide range of reference materials Utilization of 3rd party information providers interfaces e g Xcitek Bloomberg SWIFT etc as well as those of Agents and Exchange

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