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Banking Specialist - Asset Servicing - Corporate Action

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Avaloq

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Location:
India , Pune

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

You will be part of a global division located in 4 different regions (Germany in Berlin and Düsseldorf, Switzerland in Zürich and Bioggio, Singapore and Pune), which is responsible for managing Corporate Action business and processes (Announcements, Instructions and Payments). We are looking for someone to join our Asset Servicing team to handle the identification and creation of corporate events in Avaloq Core Banking System. You will ensure authorised decisions are received from our clients and be responsible for the generation and execution of Corporate Action instructions to custodians and other third-party contacts. Additionally, you will be responsible for the timely and accurate update of Corporate Action movements. You will thrive in a fast-paced environment with an emphasis on meeting tight deadlines. A strong interest in learning and harnessing technology will help you with your role in the organisation.

Job Responsibility:

  • Prepare timely notifications to clients about upcoming events and their impact on clients' assets accounts and act on client elections accurately by acceptance deadline
  • Act as a checker and validator for all the activities performed by the team members
  • Process, book and control all kinds of corporate actions and income collections
  • Responsible for performing mandatory and voluntary corporate action-related custody and accounting processing requirements, such as dividend payments, reorganisation, bond redemption, etc.
  • Ensure key criteria and in-scope events for all transaction activity has been identified and actioned
  • Investigate and resolve stock and cash breaks arising from event bookings all along adhering to established quality control measures and procedures
  • Close collaboration with internal stakeholders, clients and custodians to ensure that all corporate action events are properly addressed and booked
  • Responsible for researching and responding to inquiries from internal business groups, depositories, agents, brokers, clients, Investment Managers, sub-custodians and/or custodians
  • Manage and meet all deadlines by keeping up to date with the progress of events
  • Ensure procedures and controls are fully adhered to
  • Escalate potential problems before they become a risk
  • Assist with ad hoc and scheduled projects as required
  • Assist with system testing as required
  • Perform other duties and responsibilities as assigned
  • Act as trainer for new joiners and ensure that the learning objectives are reached

Requirements:

  • A strong team player, who is able to develop and manage strong working relationships with global internal departments and external counterparties
  • Effective prioritisation and time management skills
  • Proven ability to multi-task and operate within a team and independently with limited supervision
  • Excellent analytical skills with attention to detail
  • Proficient in Microsoft Office, with aptitude to learn new software and systems
  • Creative and innovative mindset, with the ability to generate and implement ideas that enhance efficiency, quality, and risk mitigation
  • Familiarity with financial markets and investment instruments
  • Ability to work under pressure, meet tight deadlines
  • Strong written and verbal communication skills
  • Fluency in written and spoken Business English is essential

Nice to have:

  • Relevant experience within a bank or financial institution
  • Good understanding of the end-to-end Corporate Action processes for Mandatory and Voluntary events and the impacts on business partners and clients
  • Wider experience in Asset Management and understanding of the end-to-end asset lifecycle
  • Knowledge of Avaloq Core Banking System
  • German knowledge would be a key selection skill
  • A good command of other languages would be an advantage
What we offer:
  • Annual bonus
  • Flexible working
  • Instant recognition
  • Access to Udemy for professional and personal learning

Additional Information:

Job Posted:
December 23, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
Job Link Share:

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