Capital Markets Operations New Associate

Accenture; Chennai District; On-site; INR 300,000 - 400,000; Full time

Job summary

A leading global consulting firm is seeking a Capital Markets Operations New Associate in Chennai. In this entry-level role, you will be involved in monitoring corporate actions, client notifications, and entitlements calculation. Candidates should have a strong analytical mindset, effective communication skills, and the ability to learn quickly in a team-oriented environment. This role requires commitment to quality and may involve working in rotational shifts. Fresh graduates are encouraged to apply.

Qualifications

• Strong analytical skills required.
• Effective written and verbal communication skills are essential.
• Ability to learn quickly in a dynamic environment.

Responsibilities

• Monitor market sources for upcoming voluntary corporate actions.
• Notify clients about corporate actions and provide event details.
• Calculate entitlements based on corporate event terms.
• Perform daily reconciliations of corporate action positions.
• Ensure adherence to regulatory frameworks.
• Identify discrepancies in event terms and resolve issues.

Skills

Agility for quick learning

Written and verbal communication

Strong analytical skills

Collaboration and interpersonal skills

Commitment to quality

Education

Any Graduation

Job description

Skill required: Trade Processing- Asset Servicing - Trade Finance

Designation: Capital Markets Operations New Associate

Qualifications: Any Graduation

Years of Experience: 0 to 1 years

What would you do

Applied Technology Operations for Markets (ATOM) is a multi-client processing on-demand service platform. A trade processing service for the trading and treasury entities of our clients that they can plug onto in parts or entirely while focusing their efforts on what differentiates them on the market. It integrates infrastructure and IT management services with business processes execution supported by an orchestrated layer of intelligent operations assets.

1. Event Announcement Market Monitoring: Monitor market sources (custodians, exchanges, SWIFT messages) for upcoming voluntary corporate actions. Validate event details such as terms, deadlines, eligibility, and tax implications. Ensure accurate event setup in corporate actions systems.
2. Client Notification Response Management: Notify clients of voluntary corporate actions via official communication channels. Provide clients with event details, decision deadlines, and options (e.g., cash vs. stock election).
3. Election Processing Instructions Management: Capture and validate client instructions for corporate actions. Ensure accurate processing of elections and submit them before market deadlines. Coordinate with custodians, depositaries, and counterparties for confirmation.
4. Entitlement Calculation Allocation: Calculate entitlements based on event terms and client positions. Reconcile entitlements against custodian records to ensure accuracy. Allocate proceeds (cash or securities) to client accounts post-event.
5. Risk Exception Management: Identify and elevate discrepancies in event terms or entitlements. Investigate and resolve breaks related to missing instructions, incorrect elections, or unprocessed entitlements. Work closely with risk and compliance teams to mitigate operational risks.
6. Regulatory Compliance Tax Processing: Ensure adherence to regulatory frameworks (SEC, FCA, MiFID II, CSDR). Apply correct tax treatment based on client eligibility and jurisdiction. Process withholding tax reclaims where applicable.
7. Reconciliation Break Resolution: Perform daily reconciliations of corporate action positions and entitlements. Investigate and resolve mismatches with custodians and internal books. Work with finance and settlement teams to ensure correct postings.
8. Voluntary corporate actions (Rights issue, Tender offer, DRIP, IPO, Bids…): Notify internal/external parties of all incoming corporate events. Ensure proper stock reconciliation on Ex date and Record date. Instruct at the deadline to the custodian. Handle payment/receipts of dividend for normal and SBL trades. Improve BO processes.

What are we looking for

• Agility for quick learning
• Written and verbal communication
• Strong analytical skills
• Collaboration and interpersonal skills
• Commitment to quality

Roles and Responsibilities

In this role you are required to solve routine problems, largely through precedent and referral to general guidelines. Your primary interaction is within your own team and your direct supervisor. You will be given detailed instructions on all tasks. The decisions that you make impact your own work and are closely supervised. You will be an individual contributor as a part of a team with a predetermined, narrow scope of work. Please note that this role may require you to work in rotational shifts.

Qualification

Any Graduation