19 Aug
|
State Street
|
Hyderabad
19 Aug
State Street
Hyderabad
Who we are looking for:
Why this role is important to us:
The team you will be joining is a part of State Street Global Markets India COO (SSGM) which is transforming our operating model that provides support to sales and trading desks across all regions EMEA, APAC and North America 24/6. Statestreet is one of the largest agents lenders in the world, with over 40 years of experience and more than 250clients across multiple global markets. Our depth of lendable assets and robust market position provides more trading opportunities When owners and managers of institutional assets need research, trading, securities lending and innovative portfolio strategies, they turn to SSGM business unit. Join us if making your mark in the capital markets industry from day one is a challenge you are up for.
What you will be responsible for:
As Corporate Action Prime Services, Senior Associate you will
- Reconciliation and distribution of dividends and cash corporate actions.
- Analyses, researches and interprets corporate action terms and conditions according to established policies and procedures.
- Inputs corporate action blocks, restrictions and trading comments on the Securities Finance system.
- Communicates with internal and external parties to provide corporate action information and relevant deadlines.
- Calculates entitlements based on corporate actions terms and conditions and processes the requisite adjustments and possible ensuing market transactions in a timely and accurate manner for securities borrowed and on loan.
- Communicates with the trading and settlements groups to enforce policies and procedures to minimize corporate action issues.
- Reconciles pending/open borrowed and loaned positions with participating parties.
- Collects the requisite income from participating borrowers in order to pay the participating lending agent(s) on market pay date.
- Ensure that your team meets the agreed SLA, KPI and KRI and evidence of the same documented every day
- Reviews cont
📌 Corporate Action Prime Services, Senior Associate (Hyderabad)
🏢 State Street
📍 Hyderabad