Posts

Job opportunities in Investment banking Operations

Image
INTRODUCTION: Investment banking operations encompass a wide range of financial activities, including mergers and acquisitions, underwriting securities, advisory services, and managing assets. These operations play a crucial role in facilitating capital raising and corporate transactions for businesses. The scope extends to financial analysis, risk management, and market research, making investment banking a key player in the global financial landscape. AML (Anti-Money Laundering) Analyst:  AML analysts focus on identifying and preventing money laundering activities, ensuring compliance with regulations, and conducting thorough due diligence on clients. Compliance Officer:  Compliance officers are responsible for ensuring that the bank adheres to regulatory requirements and internal policies, managing risks associated with regulatory compliance. Risk Analyst:  Risk analysts assess and manage financial risks, including credit risk, market risk, and operational risk, to safeguard the ban
Post a Comment
Read more

CORPORATE ACTIONS

Image
DEFINATION: Corporate actions are events initiated by a publicly traded company that can impact its shareholders, financial structure, and overall market position. These actions are often significant events that may affect the value of securities, ownership structure, or investor rights. Corporate actions can be categorized into various types based on their nature and impact. Corporate actions can be classified into three main categories based on the level of shareholder participation: mandatory, voluntary, and mandatory with a voluntary component. Mandatory Corporate Actions: Definition: These are corporate actions that shareholders are required to participate in, and their consent is not sought. Stock splits: Shareholders receive additional shares automatically based on the predetermined ratio. Reverse stock splits: Shareholders have their shares consolidated, and the number of shares is reduced, but the value of each share increases proportionally. Mandatory acquisitions: In certain
Post a Comment
Read more

RECONCILIATION

Image
What is Reconciliation? Recon is the control process by which 2 or more sets of data are compared & any discrepancies are investigated & documented through to resolution, Including formal reporting & escalation. Recon of position & trades within internal books & records with the outside world is of utmost importance in ensuring that any bank remains in control of its asset & liabilities. Where all we do recon in TLC? In Validation Stage: Trade, Trader & CP check, In affirmation stage: Check all the details with CP (Economic details) In verification stage: Check with trade sheet & RMS/OMS. Types of Reconciliation: External Recon: Counterparty Recon: Checking with the CP with all the details. Exchange Recon: Exchange recon is done with the details of exchange data to check that the trade executed & booked. Custodian Recon: Recon is done with custodian (Position & Cash) whether the position match is called "Depot Recon" & cash recon wi
Post a Comment
Read more

RISK MANAGEMENT

Image
DEFINATION: Risk management is a systematic process of identifying, assessing, prioritizing, and mitigating risks to achieve business objectives. It involves analyzing potential events or situations that may have an impact on an organization's ability to achieve its goals and taking proactive measures to minimize or control the negative consequences. The goal of risk management is not to eliminate all risks but to manage them effectively in order to optimize opportunities and reduce potential harm. Market risk is categorized into 2 types: 1.Systematic Risk 2.Un-Systematic Risk Systematic Risk: Also known as market risk or undiversifiable risk. It is associated with factors that affect the entire market or a large segment of it. Systematic risk cannot be eliminated through diversification because it is inherent in the overall market or economy. Examples of systematic risks include economic recessions, interest rate changes, inflation, political instability, and natural disasters. In
Post a Comment
Read more

ASSET MANAGEMENT

Image
DEFINATION:  Asset management refers to the systematic process of developing, operating, maintaining, upgrading, and disposing of assets in a cost-effective manner. Assets can include a wide range of items, from financial investments and real estate to physical equipment and intellectual property. The goal of asset management is to optimize the performance and value of assets while minimizing risks and costs. Asset management encompasses various categories, and hedge funds, mutual funds, and portfolio management are distinct types within this broader field. Let's explore each of these categories: Hedge Funds: Definition: Hedge funds are investment funds that pool capital from accredited individuals or institutional investors and employ various strategies to earn returns for their investors. Characteristics: Hedge funds often use alternative investment strategies, including short selling, leverage, derivatives, and other complex methods. They typically charge both a management fe
Post a Comment
Read more

SMOKE-SCREEN INVESTIGATION

Image
  MY FAVOURITE TOPIC IN INVESTEMENT BANKING: I would consider say AML as my favorited topic when it comes to investment banking as the role involves implementing policies & procedures that detect & prevent the money laundering activities & combat terrorist financing i.e. preventing the financial institutions are not involved in the illegal financial transactions. PRESENT NEWS ON THE TOPIC: Madras high court on November 28th stayed the summons issued by the ED(enforcement directorate) on 17th November to the collectors of the  Ariyalur, Karur, Thanjavur, Tiruchi & Vellore  for the producing details regarding all the queries in their districts. The ECIR ( Enforcement case information Report) was based on the first 4 information reports (FIR) registered by the state police related to the mining cases. The first FIR was related to the Mandal of the village Adam officer who attempted to prevent illegal sand mining in ORATHANADUR in Thoothukodi district. The 2 FIR was relate
Post a Comment
Read more
        Rosewood Furniture: Balancing Tradition and Modernity Rosewood furniture excels in balancing tradition and modernity, making it a versatile choice for interior design. With its rich history and timeless appeal, rosewood embodies traditional craftsmanship and elegance. At the same time, rosewood furniture can seamlessly adapt to contemporary design sensibilities, embracing clean lines, minimalism, and innovative forms. Here's how rosewood furniture strikes a balance between tradition and modernity: Classic Silhouettes with Modern Details: Rosewood furniture may feature classic silhouettes with a modern twist, such as updated hardware, sleek legs, or streamlined profiles. Minimalist and Contemporary Designs: Rosewood can be used to create minimalist and contemporary furniture pieces that align with modern interior aesthetics. Versatile Design Styles: Rosewood furniture can be styled in various design genres, including traditional, transitional, and modern, allowing it to har
Post a Comment
Read more