Corporate Action Analyst/ Mumbai

Teamware Solutions; Mumbai; On-site; INR 600,000 - 900,000; Full time

Job summary

Teamware Solutions in Mumbai seeks a Corporate Actions Analyst with 5-7 years of experience to scrub and set up corporate actions in systems such as Picasso. You will monitor actions, verify eligible positions and manage event elections with the GM CAIT team, ensuring timely bookings and accurate reconciliations.

The role requires a Bachelor's degree in finance or economics and prior domain experience. You will interact with custodians and contribute to process improvements across tools like

Qualifications

• Minimum 5-7 years of experience in corporate actions or similar domain.
• Bachelor's degree in management, finance, economics or related field.
• Prior experience in a similar domain is required.

Responsibilities

• Scrubbing and setup of corporate actions in operating systems.
• Monitor corporate actions and identify eligible global positions.
• Follow up on events announcements, forecasts and deadlines for bookings and recordings.
• Manage election process for voluntary events with GM CAIT team and coordinate with agents/custodians.
• Follow up on proceeds and forecast accuracy, ensuring reconciliations are sound.
• Develop expertise in market rules and supportive process improvements.

Skills

Equity, bonds, derivatives

Settlements & reconciliation

SWIFT instructions

Education

Bachelor's degree in management/finance/economics

Tools

Picasso

Calypso

Power

Job description

Job Title: Corporate Actions Analyst

Experience: 5- 7Years

Location: Mumbai

Notice Period: Immediate Joiners

Responsibilities:

• Scrubbing and set up of Corporate Actions in operating systems (e.g. Picasso)


• Monitoring of Corporate Actions in all reliefs and identification of eligible global positions (Settled/Pending trades, SLAB)


• Permanent follow-up of events’ announcements, forecast and deadlines leading to an efficient management regarding scrubbing, notifications and bookings in our general books and recording systems (e.g. Calypso, Power, Picasso tools)


• Manage the election process for voluntary events in close relations with other teams of the GM CAIT department, compile aggregated instruction to be sent to agents/custodians and ensure good receipt.


• Strict follow-up of the expected proceeds/results at payment date, and follow-up controls in regards to theoretical bookings and forecast assumptions that may leave with breaks on internal or external reconciliations.


• Ability to manage any Corporate Actions type on the overall scope of the team and to become expert on specific market rules


• Provide a regular report to hierarchy and being pro-active during all recurrent meetings (morning, weekly meetings, etc.)


• Participate actively to the continuous improvement of our process and systems (macros, UAT/tests, update of procedures, etc.)Direct Responsibilities

Specific Qualifications:

Minimum 5-7 years of experience along with Bachelor's Degree - in management, finance, economics, related field or equivalent experience.

Prior experience in similar domain.

Skills Referential (Required knowledge, skills and abilities)

Technical Skills:

• Knowledge of equity, bond, and derivatives.


• Proficiency in settlements and reconciliation processes.


• Familiarity with SWIFT instructions.

Interested Candidates: