Senior Corporate Actions, Wealth Operations - eTeam Inc.

Senior Corporate Actions , Wealth Operations
100% Remote
Duration: 06+ Months
Pay Rate: $30-$40/hr

Shift Window: - Support hours 07:00 AM ET 07:00 PM ET with shift hours to be determined

Inviting applications for the role of Corporate Actions, Wealth Operations

Responsibilities
The role will be primarily responsible for back-office functions for our client. In Back-office functions you will primarily be working on Corporate Actions.

Qualifications
Minimum qualifications

• Any Graduate (PG an added advantage)
• Effective probing & root cause analysis skills

Preferred qualifications
Relevant work experience in an Associate role is desirable. Previous experience in a middle/back office in Fi nancial services firm of 5 to 7 years is required.

Job Responsibilities & Preferred skills

• Must have a strong understanding of financial products like Bonds, Mutual Funds, MBS, SWAPS, Equities, etc.
• Responsible to managing, processing and submitting Corporate Action Events including communication to clients for Voluntary events.
• Ensure that the results of any Corporate Action impacting a security held in custody is properly credited and reflected in client s account
• Monitor and manage mandatory and/or voluntary corporate action events including dividends and interest payments
• Process holding changes related to mergers between two or more entities
• Submit Voluntary Corporate Action elections Action responses to share registry or custodian
• Process the Corporate Action event in the Core Accounting system taking into consideration the tax impact.
• Must have a good understanding of the risks involved in Corporate Actions
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
• Understanding around business transitions and required documentation will have added advantage.
• Good knowledge of MS Excel is required.
• A good understanding around Risk and Control framework.
• Ability to establish strong relationship with onshore counterparts such as custodians, brokers and client trading desks and should be capable of handling Onshore Queries and Issues.
• Experience of applications like Global Plus, AddVantage & Trust Desk applications would have added advantage.