Group Lead-Corporate Actions

56672 Ameriprise India LLP; Dadri; On-site; INR 1,800,000 - 3,000,000; Full time

Job summary

Ameriprise India LLP in India is seeking an experienced Corporate Actions Specialist to ensure accurate processing, liaising with portfolio managers, trading, accounting and custodians, and to act as the SME for day-to-day issues.

The role emphasizes leadership, risk mitigation, training and continuous improvement of procedures while coordinating with senior leaders and business partners to meet deadlines and deliver high-quality outcomes.

Qualifications

• Master's degree with 8–10 years of corporate actions experience.
• Working knowledge of Aladdin application is a must.
• Knowledge of financial securities and investment industry.
• Interpretation of complex corporate action documentation.
• Good understanding of custodian services.
• Ability to work with multiple business partners.
• Resolve issues quickly with high accuracy.
• Self-starter with proactive attitude.

Responsibilities

• Ensure all corporate actions are processed efficiently, accurately, and by deadlines.
• Liaise between Portfolio Managers, Trading, Accounting, Operations and external Custodians.
• Act as primary resource for corporate actions and communicate with stakeholders.
• Develop and enhance department procedures and risk management.

Skills

Aladdin knowledge

Financial securities

Custodian services

Complex corporate actions

Stakeholder coordination

Attention to detail

Problem solving

Education

Master's degree in related field

Tools

Aladdin

Job description

About Our Company

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Job Description

Ensuring all Corporate Actions are processed efficiently, accurately and in accordance with the specified deadlines. Help the team members liaise between Portfolio Managers, Trading, Accounting, Operations and external Custodians. Serve as point-person and subject matter expert and collaborate with Business counterparts, senior Leaders and team members to manage/resolve business issues on daily basis.

Key Responsibilities

• Responsible for ensuring effective service level adherence through timely and accurate actions daily.
• Implement effective staffing, work allocation and continuous management of work tasks to ensure adherence to assignment & work deadlines.
• Coordinate with counterparts and Subject Matter Experts for management of urgent/escalated issues and ensure seamless resolution.
• Partner with functional Leaders to formulate career progression / employee development plans.
• Provide Leadership guidance and motivate team members to improve/sustain performance through effective coaching and mentoring techniques individually and at a team level through regular huddles and team meetings.
• Encourage the team to research and develop in-depth understanding of terms and conditions of voluntary corporate actions.
• Coordinate the communication of elections with Portfolio Management and portfolio custodian.
• Responsible for instructing custodian banks of PM's decision by stated deadlines.
• Communicate corporate actions to impacted stakeholders.
• Ensure that the team accurately reviews corporate action transactions and ensures reconciliation with custodians, manages share restrictions or encumbrances for corporate action related items.
• Act as primary resource for corporate action issues for all departments.
• Research and respond to business partner's escalations and queries related to corporate actions.
• Create and enhance department procedures for processes performed in the team.
• Continuously identify risks, mitigate these risks and improve efficiency of work flow streams.
• Assist with system enhancements as necessary for the department.
• Guide and train new members in the team on process activities.
• Support department in keeping procedures updated, with approval from leadership.
• Help team to continue to enhance knowledge base of corporate actions and other related activities.
• Responsible to collaborate with senior Leaders and Training counterparts to provide adequate learning & development programs for team members to improve operational knowledge, develop product and domain knowledge, and build/enhance skills/competencies.
• Participate in Operational, Domain and soft-skills development Training programs for self-development of process and domain knowledge and build/improve soft-skills/competencies.

Required Qualifications

• Master's degree with 8 to 10 years of relevant corporate actions experience.
• Working Knowledge of Aladdin application is a must.
• Possess knowledge of financial securities and investment industry.
• Understand and interpret complex corporate action documentation.
• Good understanding of using custodian services.
• Ability to work well with multiple business partners.
• Resolve issues quickly and deliver results with a high degree of accuracy.
• Self-starter with a dynamic, proactive and "can do" attitude.

Preferred Qualifications

• Excellent Communication (written and verbal), Interpersonal Skills and be an Effective Team Player.
• Ability to work independently, as well as in a team environment and meet tight deadlines.
• Strong work ethic with very strong attention to detail, with particular focus on accuracy and numeracy ability.
• Strong analytical and problem-solving skills.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Full time

Full time Timings (8:00p-4:30a)

India Business Unit AWMPO AWMP&S President's Office Job Family Group Mutual Fund Operations

Ameriprise India LLP is an equal opportunity employer.

We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future.

Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers:

Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.

Explore opportunities within each business and region below.

Ameriprise US | Careers

Ameriprise India | Careers

Columbia Threadneedle Investments US | Careers

Columbia Threadneedle Investments EMEA APAC | Careers

RiverSource | Careers