Corporate Actions & Income Analyst, NCT

In Scope of Position based Promotions (INTERNAL only)

Job Title: Corporate Actions & Income Analyst, NCT

Location: Pune, India

Role Description

• Processing of Income & Corporate Actions and Handling counterparty claims
• Processing of Voluntary Corporate Action Events. Resolution of cash & Stock breaks
• The process involves input, investigation, and correction - where we have discrepancies related to accrual processing, Record Date Reconciliation.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

Process Management

• Liaising between DBOI & onshore / nearshore partners
• The candidate should also be able to handle huge volumes and escalate issues at the right time to the Team Manager / Onshore Clients
• Process day to day activities within set benchmarks with minimal error. Activities may include
• Reconciliation of trade positions / books for entitlements
• Booking of new positions in various DB systems
• Chasing counterparties on claims & initiating payments
• Post pays date reconciliation & File Closure
• Spend 50-60% of the time in actual transaction processing. To supervise day to day deliverables of the process/sub-process assigned. Will be the first escalation for exceptions & aged breaks.
• Processing & supervising sub-processes and ensure accuracy as per the SLA / benchmarks.
• Work allocation to PEs, received through system queues & E-mail requests
• Candidate needs to ensure that the relevant controls are executed & be responsible for 4 eyes.
• Ensure strict adherence to all internal and external process guidelines including compliance and legal to build robust control environment. Ensure there are no KPI miss, Breaches & Violation.
• To keep Team Manager informed of the exceptional occurrences, to enable appropriate action and responsible for managing the team in Candidate/Applicent absence.
• Candidate will be required to train this function to other acceptable candidates, so must possess training skills.

Your skills and experience

Skills

• Dividend and coupon claim management,
• Should be familiar with all Swift messages for i.e. MT564/ 565/566/568/599
• Aware about Corporate action lift cycle for Voluntary and Mandatory CA events
• Voluntary corporate actions reconciliation and election management
• Voluntary corporate actions bookings management.
• Record date reconciliation / Traded positions check on record date
• Nostro and Stock reconciliation post CA event.
• Timely Email query management from different stake holders  
• Able to manage high volumes efficiently.

Experience

• From 2 years to 7 Years work experience with investment banking / Custodian Bank.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.