Corporate Action - Analyst

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

 

About Your Team:

Interactive Brokers seeks an experienced Corporate Actions professional to join the Corporate Actions Team in our Mumbai, India office. The Corporate Actions Team is responsible for the validation, risk evaluation, processing and post-distribution reconciliation of all corporate action-related events (e.g., distributions, mergers and voluntary offers) announced by issuers in the Americas. During their career development, team members will gain exposure to the impact of various corporate events, features of securities and derivatives products, and a diverse array of trading venues and market utilities.

The Team Member will operate, help enhance and test the group's constantly evolving Corporate Action systems. The Corporate Actions Team Member will collaborate with internal and external clients, counterparties, clearing organizations and depositories. All of our team members have the opportunity to focus on developing automated solutions to complex processes or problems. IBKR Team Members work with sophisticated computer system developers and create business specifications for new or enhanced system functionality and product support. IBKR team members are good problem solvers, well-organized, and reliable team players.

Responsibilities : 

• Analyze, monitor, and verify incoming corporate action information.
• Analyze and reconcile the company's books and records with clearinghouses and banks.
• Interface with clearinghouses and banks regarding instructions for corporate events
• Collect and analyze instructions from our clients.
• Work on system enhancements to handle existing or new products and new markets
• Communicate with all the internal and external parties involved.

Qualifications, Skills & Attributes :

• Bachelor's degree preferred: science, mathematics or accounting preferred.
• 2 to 5 years of targeted Corporate Action experience, preferably at a broker-dealer, but all experienced candidates will be considered
• Knowledge of stocks, bonds, mutual funds, and Government Securities
• Proficient with MS Office suite
• Must possess excellent oral/written communication and analytical skills

To be successful in this position, you will have the following:

• Self-motivated and able to handle tasks with minimal supervision.
• Superb analytical and problem-solving skills.
• Excellent collaboration and communication (Verbal and written) skills
• Outstanding organizational and time management skills

Company Benefits & Perks: 

• Competitive salary package.
• Performance-based annual bonus (cash and stocks).
• Hybrid working model (3 days office/week).
• Group Medical & Life Insurance.
• Modern offices with free amenities & fully stocked cafeterias.
• Monthly food card & company-paid snacks.
• Hardship/shift allowance with company-provided pickup & drop facility*
• Attractive employee referral bonus.
• Frequent company-sponsored team-building events and outings.

* Depending upon the shifts.

**The benefits package is subject to change at the management's discretion.