Lead-Corporate Actions at Ameriprise Financial Services, LLC

Gurugram, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

07 Feb, 26

Salary

0.0

Posted On

09 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Problem-Solving Skills, Financial Securities Knowledge, Corporate Action Documentation, Communication Skills, Interpersonal Skills, Team Player, Attention to Detail, Workflow Efficiency, Training Skills, Risk Mitigation, System Enhancements, Reconciliation Skills, Event Monitoring, Portfolio Management, Custodian Liaison

Industry

Financial Services

Description

In this role you will ensure accurate and timely processing of all Corporate Actions across multiple product types for both mandatory and voluntary Corporate Actions. You will liaise between Portfolio Managers, Trading, Accounting, Operations and external Custodians. Key Responsibilities 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. Perform mandatory corporate action procedures. Monitor corporate action events and process events in Aladdin. Research and develop an in-depth understanding of the event. Review corporate action transactions and ensures reconciliation with custodians. Manage 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 inquires related to corporate actions. Create and enhance department procedures for processes performed in the team. Continuously identify risks, mitigate these risks and improve efficiencies of workflow 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. Required Qualifications Masters degree or equivalent (6-years). Relevant/ related experience of 5 to 8 years. Strong analytical and problem-solving skills. Possess knowledge of financial securities and the investment industry. Understand and interpret complex corporate action documentation. Resolve issues quickly and deliver results with a high degree of accuracy. Working knowledge of Aladdin and its application, would be preferred. Preferred Qualifications Excellent Communication (written and oral), 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 high standards for accuracy and attention to detail. Ability to work well with multiple business partners. Strong analytical and problem solving skills. About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. 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. 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, veteran status, marital status, family status or any other basis prohibited by law. Full-Time/Part-Time Full time Timings (8:00p-4:30a) India Business Unit AWMPO AWMP&S President's Office Job Family Group Mutual Fund Operations We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Responsibilities

Ensure accurate and timely processing of all Corporate Actions across multiple product types. Liaise between Portfolio Managers, Trading, Accounting, Operations, and external Custodians.