Job Description
Overview
To assist members of the corporate actions team with the project management of payments (e.g., dividends, interest, and trust distributions) and project manage minor/less complicated payments under supervision of a project manager/team leader.
Key Accountabilities and main responsibilities
Strategic Focus
You’ll be working in the Corporate and Income section. We are responsible for the correct and timely processing of Corporate Action and Income transactions. This includes cash payments such as dividend, interest, liquidation and redemption or corporate events like merger, capital increase, tender or purchase offer and stock split on equities, bonds or hedge fund products. As a strong member of the team you will work closely within the integrated value chain and our global / international interfaces.
Understanding of various Corporate Action processes includes both all types of Mandatory and Voluntary Corporate Actions.
Understanding of processing for various Corporate Action notices.
Should have knowledge of break resolution related to any Corporate Action Breaks
Should have sound knowledge of using various third party instruments like Bloomberg, Reuters, IDC etc.
Reconciliation to ensure all the activities processed are correct and break resolution as necessary.
Analyse and identify discrepancies between client’s position and clearing agents with good
troubleshooting skills.
Taking ownership for all the deliverables being sent out by the team with proper review checks and should be able to facilitate discussions and reach decisions.
Ensuring back-ups are in place for a smoother process flow in case of absences in the team.
Liaison effectively with team members, internal groups and external counterparties to resolve discrepancies in a timely and efficient manner there by acting as a key subject matter expert and mentor to other junior level employees.
Should be able to handle critical queries/issues and escalate on a timely manner.
Ensuring deliverables are adhered to as per agreed SLAs.
Ensuring the processes are in adherence with SOPs and the same are updated as required.
Should be capable of adding and reviewing various control checks.
Understand and minimize risks associated with cash and position mismatches related to Corporate Actions.
Issue escalation and resolution on a timely manner.
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Prioritize time accordingly to action on breaks.
Developing action plans for resolution of outstanding issues.
Ability to work on ad-hoc activities.
Should have the ability to maintain various MIS reports.
Operational Management
Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty.
Conducting risk assessments and applying risk categories to new counterparties.
Prepare documentation, process transactions, and perform other tasks related to control and reconciliation.
Monitor and process pending items, correcting discrepancies.
Launch investigations, provide information and compose correspondence.
Increase efficiencies by utilizing technology.
Understand risks and apply this knowledge to risk metrics.
Identify and resolve technical issues with reconciliation tool and file management.
People Leadership
Should be able to handle the team in absence of a Team Lead.
Governance & Risk
Maintain level of accuracy
Complete assigned task as per provided SLA.
Competencies
Demonstrated high level of initiative, motivation, and organisational skills
Analytical and problem-solving skills
Effective oral and written communication skills including negotiation skills, ability to liaise successfully with internal and external parties, and ability to work effectively in a team environment.
Qualification in business/financial markets/law/securities industry desirable
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Issue escalation and resolution on a timely manner.
Adapt to an environment of openness and information sharing within the team, by attending regular team meetings and communication processes.
Achievement of service standards and client specific requirements regarding quality assurance, daily reporting, and end of month reporting
Identify and drive process improvement and efficiency initiatives across the line of business
Manage escalations and seek to resolve them to the satisfaction of the customer and client
Ensure to be compliant with legal, regulatory, policy and business requirements Prioritize time accordingly to action on breaks.
Issue escalation and resolution on a timely manner.
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Prioritize time accordingly to action on breaks.
Developing action plans for resolution of outstanding issues.
Ability to work on ad-hoc activities.
Should have the ability to maintain various MIS reports.
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
4 - 8 years’ experience in Financial / Capital Markets, preferably in Transfer Agency operations with Basic Knowledge of Capital Markets / Financial Market product.
Excellent presentation and communication skills (written and verbal)
experience in financial services
command of Microsoft Excel / Power Point / Word / Outlook
Exhibits high level client service skills
Excellent problem-solving skills both independently and supporting others.
Excellent time management skills, demonstrating flexibility and the ability to manage and plan to meet deadlines
Open for changes; understand status quo and challenge today's setup with proposals on how to do it better
Macro/Automation/robotics experiences
Risk awareness; understand when to escalate and involve superiors
motivated, self-directed and driven (always staying up to date and improving)
The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA.
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.
India Hub is a central part of MUFG's transformation program, which has rapidly expanded over the past 5 years to nearly 1100+ employees, to provide services to our clients across two of our businesses. We have offices in Mumbai and Pune.
India Hub has allowed us to streamline our operations and forms one of our global centres of excellence. This has allowed us to focus our skillsets, innovate our current operations and create new capabilities for the future. The Hub has been designed to support flexible operations processing our three businesses - Retirement Solutions, Corporate Markets and Investor Services. In addition, our Global Functions team provide centralized expertise and support—like HR, Finance, and IT—to ensure consistency, efficiency, and strategic alignment across all business units.
At India Hub, we are building a dynamic, client-focused, caring, and inclusive culture based on entrepreneurial spirit, effective risk management, empathy, and trust, underpinned by core values. We work collaboratively, supporting and valuing the talents and perspectives of our people, and promoting a flexible work environment where their wellbeing is prioritized. We believe diversity drives better client outcomes, improvement, and growth.
Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential. Candidates must have the relevant work rights. Successful applicants must complete background screening before employment.
To assist members of the corporate actions team with the project management of payments (e.g., dividends, interest, and trust distributions) and project manage minor/less complicated payments under supervision of a project manager/team leader.
Key Accountabilities and main responsibilities
Strategic Focus
You’ll be working in the Corporate and Income section. We are responsible for the correct and timely processing of Corporate Action and Income transactions. This includes cash payments such as dividend, interest, liquidation and redemption or corporate events like merger, capital increase, tender or purchase offer and stock split on equities, bonds or hedge fund products. As a strong member of the team you will work closely within the integrated value chain and our global / international interfaces.
Understanding of various Corporate Action processes includes both all types of Mandatory and Voluntary Corporate Actions.
Understanding of processing for various Corporate Action notices.
Should have knowledge of break resolution related to any Corporate Action Breaks
Should have sound knowledge of using various third party instruments like Bloomberg, Reuters, IDC etc.
Reconciliation to ensure all the activities processed are correct and break resolution as necessary.
Analyse and identify discrepancies between client’s position and clearing agents with good
troubleshooting skills.
Taking ownership for all the deliverables being sent out by the team with proper review checks and should be able to facilitate discussions and reach decisions.
Ensuring back-ups are in place for a smoother process flow in case of absences in the team.
Liaison effectively with team members, internal groups and external counterparties to resolve discrepancies in a timely and efficient manner there by acting as a key subject matter expert and mentor to other junior level employees.
Should be able to handle critical queries/issues and escalate on a timely manner.
Ensuring deliverables are adhered to as per agreed SLAs.
Ensuring the processes are in adherence with SOPs and the same are updated as required.
Should be capable of adding and reviewing various control checks.
Understand and minimize risks associated with cash and position mismatches related to Corporate Actions.
Issue escalation and resolution on a timely manner.
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Prioritize time accordingly to action on breaks.
Developing action plans for resolution of outstanding issues.
Ability to work on ad-hoc activities.
Should have the ability to maintain various MIS reports.
Operational Management
Conducting investigations on counterparties for any adverse information, reputational risk issues, inappropriate practices, or behaviour on the part of the counterparty.
Conducting risk assessments and applying risk categories to new counterparties.
Prepare documentation, process transactions, and perform other tasks related to control and reconciliation.
Monitor and process pending items, correcting discrepancies.
Launch investigations, provide information and compose correspondence.
Increase efficiencies by utilizing technology.
Understand risks and apply this knowledge to risk metrics.
Identify and resolve technical issues with reconciliation tool and file management.
People Leadership
Should be able to handle the team in absence of a Team Lead.
Governance & Risk
Maintain level of accuracy
Complete assigned task as per provided SLA.
Competencies
Demonstrated high level of initiative, motivation, and organisational skills
Analytical and problem-solving skills
Effective oral and written communication skills including negotiation skills, ability to liaise successfully with internal and external parties, and ability to work effectively in a team environment.
Qualification in business/financial markets/law/securities industry desirable
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Issue escalation and resolution on a timely manner.
Adapt to an environment of openness and information sharing within the team, by attending regular team meetings and communication processes.
Achievement of service standards and client specific requirements regarding quality assurance, daily reporting, and end of month reporting
Identify and drive process improvement and efficiency initiatives across the line of business
Manage escalations and seek to resolve them to the satisfaction of the customer and client
Ensure to be compliant with legal, regulatory, policy and business requirements Prioritize time accordingly to action on breaks.
Issue escalation and resolution on a timely manner.
Respond quickly and accurately to queries in a high volume, time sensitive trading environment.
Prioritize time accordingly to action on breaks.
Developing action plans for resolution of outstanding issues.
Ability to work on ad-hoc activities.
Should have the ability to maintain various MIS reports.
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
Experience & Personal Attributes
4 - 8 years’ experience in Financial / Capital Markets, preferably in Transfer Agency operations with Basic Knowledge of Capital Markets / Financial Market product.
Excellent presentation and communication skills (written and verbal)
experience in financial services
command of Microsoft Excel / Power Point / Word / Outlook
Exhibits high level client service skills
Excellent problem-solving skills both independently and supporting others.
Excellent time management skills, demonstrating flexibility and the ability to manage and plan to meet deadlines
Open for changes; understand status quo and challenge today's setup with proposals on how to do it better
Macro/Automation/robotics experiences
Risk awareness; understand when to escalate and involve superiors
motivated, self-directed and driven (always staying up to date and improving)
The Role need to support APAC or EMEA shift and would need to work in Rotational shift wherein shifts would start at 3:30 am IST for APAC and from 11.30 AM for EMEA.
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.
India Hub is a central part of MUFG's transformation program, which has rapidly expanded over the past 5 years to nearly 1100+ employees, to provide services to our clients across two of our businesses. We have offices in Mumbai and Pune.
India Hub has allowed us to streamline our operations and forms one of our global centres of excellence. This has allowed us to focus our skillsets, innovate our current operations and create new capabilities for the future. The Hub has been designed to support flexible operations processing our three businesses - Retirement Solutions, Corporate Markets and Investor Services. In addition, our Global Functions team provide centralized expertise and support—like HR, Finance, and IT—to ensure consistency, efficiency, and strategic alignment across all business units.
At India Hub, we are building a dynamic, client-focused, caring, and inclusive culture based on entrepreneurial spirit, effective risk management, empathy, and trust, underpinned by core values. We work collaboratively, supporting and valuing the talents and perspectives of our people, and promoting a flexible work environment where their wellbeing is prioritized. We believe diversity drives better client outcomes, improvement, and growth.
Be part of the MUFG Pension & Market Services journey and together we will achieve our full potential. Candidates must have the relevant work rights. Successful applicants must complete background screening before employment.
💡 Quick Summary
Seeking a career-building opportunity? The Corporate Action Specialist position is now open for candidates interested in the Event Management Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Event Management Jobs is a plus.
