Senior Risk Manager

We are seeking a seasoned professional to fill the role of Assistant Vice President in our Corporate Action department.

This critical position requires an individual with extensive knowledge of securities lending and borrowing business as well as corporate action life cycle.

The ideal candidate will have excellent communication, interpersonal, and organizational skills, with the ability to analyze complex corporate action terms and conditions.

Responsibilities include:

• Reconciliation and distribution of dividends and cash corporate actions
• Analysing, researching, and interpreting corporate action terms and conditions according to established policies and procedures
• Inputting corporate action blocks, restrictions, and trading comments on the Securities Finance system
• Communicating with internal and external parties to provide corporate action information and relevant deadlines
• Calculating entitlements based on corporate actions terms and conditions and processing the requisite adjustments and possible ensuing market transactions in a timely and accurate manner for securities borrowed and on loan
• Communicating with the trading and settlements groups to enforce policies and procedures to minimize corporate action issues
• Reconciling pending/open borrowed and loaned positions with participating parties
• Collecting the requisite income from participating borrowers in order to pay the participating lending agent(s) on market pay date
• Ensuring that your team meets the agreed SLA, KPI, and KRI, and evidence of the same documented every day
• Reviews contract compare records, DDA's to validate positions with each counterparty
• Assists business area with inquiries pertaining to transactional activity coordinates response with traders, corporate actions staff, and other internal teams
• Ensure timely resolution of counterparty issues including pricing problems, quantities of loans and borrows, etc., while keeping management informed of any potential issues
• Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed
• Demonstrates effective communication skills - ensuring key stakeholders are regularly appraised on progress relative to milestones & escalates issues requiring attention appropriately
• Ensures trades that fall out of the STP process are highlighted, tracked, and remediated where appropriate
• Understands end-to-end of the process (including new ones) and contributes to process improvement ideas highlighting any potential process risk to the managers
• Demonstrates effective risk management skills - capture and communicate probability and impact to key stakeholders, ensure appropriate mitigation strategies are agreed
• Works collaboratively across globally on key initiatives

• 12 to 15 years of strong product knowledge of corporate actions life cycle and Agency/Principle Security lending business
• Strong communication, interpersonal, organizational, and time management skills
• Good team management experience
• Deadline and detail-oriented
• Demonstrated computer proficiency, including advanced knowledge of MS Excel, as well as problem-solving and analytical skills
• Flexible to work in US (6:30 PM - 3:30 AM IST) shift

We are one of the largest custodian banks, asset managers, and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. We provide investment servicing, data & analytics, investment research & trading, and investment management to institutional clients.