Group Lead-Corporate Actions

Ameriprise Financial Services, LLC; Gurugram District; On-site; INR 2,500,000 - 4,200,000; Full time

Benefits offered by this job

Hybrid work model: 3 days in office, 2

Equal opportunity employer

Job summary

Ameriprise India LLP is seeking an experienced Corporate Actions Specialist to ensure timely and accurate processing of corporate actions, coordinating with Portfolio Managers, Trading, Accounting, Operations, and custodians. The role acts as SME and collaborates with senior leaders to resolve daily business issues.

The ideal candidate has 8–10 years in corporate actions, strong Aladdin knowledge, and deep understanding of financial securities, custodian services, and documentation.

Qualifications

• Master's degree with 8–10 years of corporate actions experience.
• Working knowledge of the Aladdin application.
• 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.

Responsibilities

• Ensure corporate actions are processed efficiently, accurately and on deadlines.
• Liaise between Portfolio Managers, Trading, Accounting, Operations and external Custodians.
• Serve as SME and partner with Leaders to manage issues daily.
• Review corporate action transactions and reconcile with custodians.
• Develop and update department procedures; mitigate risks and improve workflows.
• Lead learning & development programs for team members.
• Respond to escalations from business partners.

Skills

Master's degree requirements

Aladdin knowledge

Financial securities knowledge

Corporate actions understanding

Custodian services knowledge

Interpersonal skills

Problem-solving

Proactive attitude

Education

Master's degree in Finance/related field

Tools

Aladdin application

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

Timings

(8:00p-4:30a)

India Business Unit

AWMPO AWMP&S Presidents 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.