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Equity Data Management Analyst

3.00 to 7.00 Years   Mumbai City   31 Mar, 2020
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryIT - Software
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

Responsibilities

The roles and responsibilities are structured geographically. Each FA will be assigned certain countries and will gain functional expertise for the assigned countries. The FA would typically perform the following functions for his coverage: Universe Management Defining the equity universe by:Identifying eligible equity securities, and Classifying these eligible securities into the appropriate country Fundamental Data Update

Collection, quality control and maintenance of fundamental data. The fundamental data points that we update include revenues, earnings, cash earnings, book value, dividends and number of shares. This function involves: Normalization of the profit and loss statement Normalization of balance sheet Understanding the impact of fundamental data updates on index level aggregates Performing quality control procedures to ensure the accuracy of fundamental data updates Ongoing review of accounting trends Float Review

Reviewing the free float of various securities. Free float of a security is defined as the proportion of shares outstanding that is deemed to be available for purchase in the public equity markets by international investors. This function involves:Collecting information on the shareholding structures of various companies on an annual basis and analyzing the nature of each shareholder in order to determine whether or not the latter is strategic Reviewing the foreign ownership restrictions applicable to individual securities, sectors or countries Determining if there are any other restrictions on foreign investors that impede their ability to invest in individual securities, sectors or countries Number of Shares ReviewWhile the number of shares mentioned under the Fundamental Data Update section refers to the outstanding shares as at the date of financial statements being updated, the number of shares mentioned here refers to the number of shares after a corporate event. While tracking major corporate events is the responsibility of the Events Analyst covering the respective country, tracking minor corporate events is still the responsibility of the FA covering the country in question. This function involves: Confirming the latest number of shares and determining the reasons for changes in the number of shares, where the change exceeds certain thresholds on a quarterly basis Determining whether the change in the number of shares requires a float review.

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Keyskills :
contract managementcorporate actions ms officecash corporate eventsdata management data servicesfinancial justification

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