Analyst / Associate - Corporate Actions

About the Role

This position is for an Analyst/Associate in the Middle Office – Asset Services team based in Chennai. The role centers on coordinating corporate action information between custodians and investment managers or clients, managing elections, and maintaining accurate records to reduce risks that could affect fund valuation.

Key Responsibilities

• Check and verify data by comparing incoming information against multiple reference sources.
• Work with local sub-custodians to clarify open items and drive issue closure.
• Review corporate action events in advance to spot potential reporting or processing challenges.
• Enter financial details into accounting or processing systems.
• Provide regular updates to clients regarding ongoing corporate event activity.
• Carry out securities reconciliation against positions held with sub-custodians.
• Confirm which account positions are eligible within custodial records.
• For voluntary events, make sure all eligible positions are instructed before deadlines, consolidate client instructions, and notify local markets as needed.
• For mandatory events, monitor payment dates, process payouts, and complete recovery of cash or securities.
• Handle foreign exchange orders according to each client’s setup.
• Perform manual corrections required to complete recovery processes.
• Explain and resolve cash and securities breaks with Control Teams on a periodic basis.

Additional Responsibilities

• Review and refresh documented procedures whenever improvements are needed.
• Take part in brainstorming discussions and contribute practical ideas and best practices with teammates.

Skills & Competencies

The role calls for a solid grounding in accounting, working knowledge of SWIFT messaging, and good command of MS Word and Excel. Strong client orientation, flexibility, collaboration, and clear verbal and written communication are also important. Analytical thinking, comfort with change, and a continuous-improvement mindset will help in this role.

Eligibility

Any graduate can apply for this opportunity.