Financial Operations / Corporate Actions Associate

Job Title:Financial Operations and Corporate Actions Associate

Location: Remote

Duration /Term: Contract

Responsibilities

• The role will be primarily responsible for back-office functions for our client. In Back-office functions you will primarily be working on Corporate Actions.

Qualifications

Minimum qualifications

• Any Graduate (PG an added advantage)
• Effective probing & root cause analysis skills

Preferred qualifications

• Relevant work experience in an Associate role is desirable. Previous experience in a middle/back office in Financial services firm of 4 to 5 years is required.

Job Responsibilities & Preferred skills

• Must have a strong understanding of financial products like Bonds, Mutual Funds, MBS, SWAPS, Equities, etc.
• Responsible to managing, processing and submitting Corporate Action Events including communication to clients for Voluntary events.
• Ensure that the results of any Corporate Action impacting a security held in custody is properly credited and reflected in client s account
• Monitor and manage mandatory and/or voluntary corporate action events including dividends and interest payments
• Process holding changes related to mergers between two or more entities
• Submit Voluntary Corporate Action elections Action responses to share registry or custodian
• Process the Corporate Action event in the Core Accounting system taking into consideration the tax impact.
• Must have a good understanding of the risks involved in Corporate Actions
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
• Understanding around business transitions and required documentation will have added advantage.
• Good knowledge of MS Excel is required.
• A good understanding around Risk and Control framework.
• Ability to establish strong relationship with onshore counterparts such as custodians, brokers and client trading desks and should be capable of handling Onshore Queries and Issues.
• Experience of applications like Global Plus, AddVantage & Trust Desk applications would have added advantage.

VDart Group, a global leader in technology, product, and talent management, empowers businesses with comprehensive solutions through our four distinct, industry-leading business units. With a diverse team of over 4,000 professionals across 13 countries, we deliver strong results across various industries, including Fortune 500 companies. Leveraging our deep expertise as a global provider of resources and solutions, we serve a wide range of industry verticals, including BFSI, Automotive, Healthcare, Mobility, Energy, Life Sciences, Manufacturing, Consumer Industries, and Technology. With over 16 years of experience, VDart has evolved to meet the needs of leading technology brands, placing and training more than 20,000 professionals and shaping the industry's future. Our continuous reinvention, providing resources for IT solutions and unique digital solutions, has positioned us as a top growth leader in digital talent management and technology consulting.
Committed to "People, Purpose, Planet," we prioritize social responsibility and sustainability, as evidenced by our EcoVadis Bronze Medal Certification and participation in the UN Global Compact. Our dedication to delivering strong results has earned us recognition as a trusted advisor for businesses seeking to drive innovation and growth, including many Fortune 500 companies. Join our network! Partner with VDart Group to leverage our global network, industry expertise, and proven track record with a diverse clientele.

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