Corporate Action Analyst - Chennai

Job Title: Analyst / Associate

Department: Middle Office Asset Services Location: Chennai

About the Role

We are seeking motivated Analysts/Associates to join our Middle Office – Corporate Actions team. The role involves facilitating corporate action event information between custodians and investment managers/clients, managing client elections, and performing record-keeping activities to mitigate risks impacting fund valuation.

Key Responsibilities

• Data validation: Cross-check information received with multiple sources.
• Issue resolution: Liaise with local sub-custodians to clarify and resolve open issues.
• Event analysis: Anticipate reporting or processing issues related to corporate events.
• System setup: Input financial information into accounting systems.
• Information relay: Share updates on corporate events with clients on an ongoing basis.
• Reconciliation: Process securities reconciliation with sub-custodian positions.
• Eligibility checks: Verify eligible positions of accounts within custodians.
• Voluntary events: Ensure all eligible positions are instructed before deadlines, consolidate client instructions, and advise local markets.
• Mandatory events: Track payment dates, process payments, and finalize recovery of cash/securities.
• Foreign exchange: Process FX orders per client setup.
• Adjustments: Handle manual adjustments to finalize recovery processes.
• Break resolution: Justify cash/securities breaks to Control Teams periodically.

Contributing Responsibilities

• Evaluate and update documented procedures regularly.
• Participate in brainstorming sessions and share best practices with peers.

Skills & Competencies

• Technical: Accounting knowledge; familiarity with Swift messages; MS Word & Excel proficiency.
• Behavioral: Client focus, adaptability, teamwork, strong oral & written communication.
• Transversal Skills: Analytical ability, ability to support change, continuous improvement mindset.