Corporate Actions and Income

Hyderabad, IN

Finance & Accounting
JID_136853_18226

**Position description**:

- Oversight of Aladdin income processing controls & processes
- Review and repair of income process exceptions, including reconciliation exceptions.
- Manage responses to Income related queries from the business in a timely and accurate manner.
- Income Claim administration

**Key responsibilities and accountabilities**:

- As a member of the Corporate Actions and Income team you will be responsible for processing all events relating to income.
- You will work closely with both internal partners (including, but not restricted to, Portfolio Management, Public & Private Operations) and relevant external parties (including Global Custodians and counterparties)
- You will follow the processes and controls set out by team management.

Once fully trained, you will demonstrate credibility with a proven competency and knowledge of the related operational activities, as well as drive efficiency and accuracy to reduce risk in our processes.

**Goals**:

- Accurate and timely transaction processing of Income events, ensuring tasks are prioritized accordingly to meet processing deadlines.
- Work closely with front office and business partners to provide daily operational support relating to Income queries and requests
- Ensure security level event data such as dividend income, bond interest, and other payments, etc. are correctly captured and processed.
- Ensuring timely and accurate validation of automated feed updates in Aladdin to support global investment management processes.
- Upon receipt of Income events ensure that positions are reconciled before processing.
- Making income postings in Aladdin and reconciliation of entitlements received by Global Custodian(s) to applicable systems.
- Posting Equity and Fixed Income accruals on Ex Date in Aladdin and subsequent Payments.
- Investigation of Cash reconciliation exception processes related to Corporate Action and Income postings.
- Ensure all Income Claims are processed and paid in a timely manner.
- Provide proactive communication while troubleshooting and resolving issues related to Income processing
- Identify risk issues and use good judgement in communicating issues and escalating matters to your team leader.
- Develop strong relationships with the UK and US teams and other relevant 3rd parties, such as the reconciliations team, the cash forecasting team and IT., to ensure smooth workflows and enhance the output of the team.
- Actively ensure upward and downward communication of developments and issues

**Knowledge, skills and abilities**:
**Mandatory**
- Good understanding of Income operational processing.
- A basic understanding of financial instruments and how income can be received (Dividends, Bond Interest, Fees etc.)
- Understanding of the lifecycle of Income events.
- Good understanding of operational risks and controls
- Experience with Aladdin desirable but not required.
- Analytical ability to evaluate the root causes of the problems and aptitude to understand complex workflows
- Able to manage heavy workload, understand urgency, multitask and prioritise to meet deadlines
- Strong teamwork ethic whilst also having the ability to function with some direction from your team leader, challenge yourself to learn new things and continually improve
- Effective communication skills, both written and verbal particularly when escalating issues to the UK and US teams on the daily team calls.

**Education and experience**:

- Any graduation/post-graduation.
- 2+ years’ experience in financial services ideally in Income or Corporate Actions
- Recent and relevant experience in Trade Operations

**Application Requirements**:

- Aladdin
- My State Street
- Custody / Administrator Portals

Support Hours:
08:00 - 17:00 UK /

09:00 - 18:00 HK

Will require coverage for all Global APAC / EMEA / US working days.
LI-RP1