tl - investment banking in chennai

randstad india
position type
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chennai, tamil nadu
position type
3 To 4
reference number
randstad india

job description

tl - investment banking in chennai

?1. Receive and process all purchases/ sell /switch trades and settle daily with the appropriate
outside custodians
2. Prepare and wire transfers for all trade settlements, meeting very strict time deadlines.
3. Ensure all corporate action events, including income events, are captured, and validated.
4. On a daily basis ensure that all corporate action events across all markets and asset types
(Equities, Fixed income and Mutual funds) are correctly processed, reviewed and
reconciled as necessary in accordance with procedures and event deadlines.
5. Identify all eligible holders and ensure to distribute notifications related to corporate market
6. Monitor the Corporate Actions throughout the business day and, in conjunction with team
members, effectively manage processing volumes over futures periods.
7. Investigate reconciliation discrepancies on a daily basis ensuring all discrepancies are
resolved and cleared at the earliest opportunity
8. Escalate all material risk items and service issues to your Team Leader/Manager on a
timely basis.�
9. To manage the claim process on managing Market/Counterparty claim processing.
10. Ensure to reconcile SWIFT MT564 (notifications) as received from custodian versus
customer positions held at back-office systems
11. Ensure the appropriate restriction status of entitlements is maintained in the clients
applications through interaction with custodians and update.
12. Manage any queries received from various internal and external parties.
13. Interact with other teams and the third parties/custodians as appropriate.

?Good Paymasters

Client Introduction
?Leading Banking Services company in India


?Investment Banking


?1 Candidates should possess a good understanding of Financial Markets with a minimum
of 3 to 4 years experience in Custody environment//wealth management operations
2 Understanding of the trade lifecycle of the securities trade process.
3 Experience within a Corporate Actions environment would be an advantage but is not
essential for this role as training will be provided.
4 Good knowledge in excel is mandatory
5 Strong analytical skills with an ability to identify problems and develop solutions.
6 Acute attention to detail and understanding of downstream processes�
7 Possess a good understanding of the risks inherent in the corporate actions
environment and demonstrate good discipline around control and escalation.
8 Candidates should demonstrate appropriate levels of academic achievement or relevant
work experience
9 Candidates should possess a high level of self- motivation and adaptability.