Experience range: Fresher with good communication skills
Open to considering fresher candidates (Yes/No): Yes
Open to considering relocation/ non-local candidates (Yes/No): Yes
Contract duration: 8 Months
Shift timings: UK Shift
Number of days work from office: Hybrid (3 days WFO 2 days WFH)
Preference of hiring only diversity candidates (Yes/No): No.
Role Description: -Clearing and Settlement Analyst is responsible for the front-to-back processing of corporate action and income related processes on behalf of the bank. Corporate action process includes both Mandatory and Voluntary Corporate Action event types, whilst the Income process includes dividend and coupon processing.Work includes:Maintaining responsibility for the following lifecycle: announcement capture, notification, entitlement calculation, entitlement booking (stock and/or cash ), voluntary instruction management, and pay date process such as payable/receivable claim management (stock and/or cash)Providing proxy Services such as Extraordinary General Meetings, Annual General Meetings, Special General Meetings and Class Action processing where necessary.Your key responsibilities
Building a strong mechanism to take care of volume peaks during peak season.
Identifying operational risks proactively and mitigating appropriately.
Sound knowledge of Corporate Actions, Mandatory, Voluntary, Income Processing, Fixed Income, redemptions, proxy, class action
Serve as Internal/external escalation point.
Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc.).
Work very closely with the process owners/stakeholders and other internal clients for overall growth of the bank's business
Acting as a central point of contact for all the process related issues / improvements etc.
Building a strong mechanism to take care of volume peaks during peak season.
Building and refining process metrics (benchmarks) by involving team and onsite management.
Reviewing workflows and operating procedures to ensure that they remain up to date and implementing process improvements.
Reviewing daily benchmark reports for each of the process lines, investigating benchmark breaches with Global counterparts and working to improve the process.
Liaising with relevant IT teams to resolve any technical issues preventing the optimum performance of the operational processes.
To build up process documentation, define benchmarks, capacity model, baseline volumes etc. for newly transitioned processes.
Your skills and experience
0-1 years' experience in investment banking operations/ Custody Operations/ Securities Operations with at least 1-2 years of experience in Corporate Actions/Asset Services
Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills.
Ability to identify and develop strong working relationship with internal as well as external 'client' groups.
Comfortable dealing with multiple stakeholders and complex situations.
Strong English written & verbal skills required. Ability to converse clearly with internal and external staff via telephone and written communication.
Eye for Details
Graduate in Commerce/ Finance (Preference - Postgraduate/ MBA)