Who we are looking for

In this role, you will work with State Street teams from around the globe to lead teams supporting a global premier investment management client. You will have leadership and strategy responsibility to oversee and deliver all day-to-day reconciliation and transactional responsibilities of the middle office team in a fast-paced, flexible and exciting environment. The role will need to initiate and develop good communication and interpersonal relationship with business operations teams and IT and to maintain the high level of service that is currently being provided to all the clients.

Why this role is important to us

This is a varied operational and managerial position which is market and client facing, with a senior level of responsibility leading both the Transaction Management and Reconciliation teams within Middle Office Services in Coimbatore. The responsibilities of the teams are responsible for trade confirmation, processing, settlement, and reporting along with the end to end processes facilitation cash and position reconciliation. The candidate is should be a hands on manager who is required to ensure the teams under their responsibility undertake delivery to both internal and external clients, ensure timely response to client initiated queries, and escalation of any unresolve matters to manager for best resolution solution.

What you will be responsible for

you will

Track notification for mandatory & voluntary Corporate Action event and notify Investment managerWork with Investment Manager in getting their instructions for Voluntary events and effectively communicate it to respective custodianProcess mandatory corporate action event on effective/pay date and confirm paymentsTrack payments for voluntary eventsInform Investment managers once cash/securities posted and available for tradingProactively work on rectifying the cash/position breaks derived out of corporate action event.Developing a strong risk management and control environmentIn depth understanding and practical knowledge of corporate action processes, systems and technologyWell versed with different financial products like MBS, Fixed income, Equities, Swaps, futures, collateral etc.Liaise with colleagues in region or divisions globally where required for client issue resolutionRecommend and support process improvement initiatives

What we value

These skills will help you succeed in this role

Good knowledge on trade life cycleBroad and in-depth understanding of Notification, Elections and posting in Corporate Action processWorking experience on Trade and Reconciliation break pertinent to Corporate Action Strong critical thinking and problem solving skillsClient centric behavior  in managing, prioritizing and delivering operations and servicesStrong communication skills to audiences of different sizes and levels of seniorityMust be self-motivated, adaptable and show initiative in different circumstances and under pressureGood team working skills for a common goal across locationsUnderstanding of delivering operations in line with cost/budgetsAble to drive pay for performance and culture of performance differentiation within teamsStrong understanding of the risk and controls environment within a G-SIFI firm, and as such a desire to embed a risk excellence culture across teamsExecutive presence, managing with influence and effective communication across stakeholder groups both regionally and globallyFlexibility in working outside of your responsibilities and areas of expertise - Taking accountability of end-to-end outcomes as an enterprise, collaborating across functions/business and locationsClient centric attitude in managing, prioritising and delivering operations and servicesResult-oriented with an ownership and accountability mindset

Education & Preferred Qualifications

Degree in finance, business, technology or equivalent or relevant industry experienceProven experience in client communication and interaction at all levelsIn depth understanding of Middle Office operations, preferably Reconciliation Operations. Product and Industry knowledge preferable across – Equity, FI, FX and ETD, inclusive of Global Markets.Proven experience in client communication and interaction at all levels especially senior and regulatory levelsStrong MS Excel, Access, Word, PowerPoint skills necessaryStrong English written and spoken abilityKnowledge on Corporate Action tool like CAPTAIN etc.Strong MS Excel, Access, Word, PowerPoint skills necessaryStrong communication skills – written and verbalExperience in leveraging technology solutions including low-code tools, SQL, Python or similar is advantageous