Reconciliation and distribution of dividends and cash corporate actions
Analyses, researches and interprets corporate action terms and conditions according to established policies and procedures
Inputs corporate action blocks, restrictions, and trading comments on the Securities Finance system
Communicates with internal and external parties to provide corporate action information and relevant deadlines
Calculates entitlements based on corporate actions terms and conditions
Processes requisite adjustments and possible ensuing market transactions in a timely manner
Communicates with trading and settlements groups to enforce policies and procedures
Reconciles pending/open borrowed and loaned positions with participating parties
Collects requisite income from participating borrowers
Ensures team meets agreed SLA, KPI and KRI
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
Ensures timely resolution of counterparty issues
Identifies and analyzes operations risks related to current and potential business and recommends procedural changes/improvements as needed

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
Experience in US shift (6:30 PM
3:30 AM IST)
University degree in Business majoring in Accounting, Finance, or other Financial-related programs
Certifications like NSE Certification in Financial Markets (NCFM), NSE Certified Capital Market Professional (NCCMP) etc. will be an added advantage

Assistant Vice President, Corporate Action

Key skills