Job Description
Job Title:
Associate Level 1
Date:
Department:
IFSO
Location:
Chennai
Business Line / Function:
HFS
Reports to:
(Direct)
Grade:
(if applicable)
(Functional)
Assistant Manager
Number of Direct Reports:
NIL
Directorship / Registration:
Position Purpose
The individual would be responsible for processing and delivery of accurate and timely Reconciliation, Client Queries and handling Trade Life Cycle
Responsibilities
Direct Responsibilities
Independent delivery of accurate and timely Reconciliation for hedge funds with high volume or / and complexity (having equities, bonds, future, options, etc. as holdings) by completing all of the following processes:
- Cash and position reconciliation (Investment Manager accounting vs PB); with resolution of breaks
- Pricing Variance analysis
- Corporate Action Upcoming Events
- Non trade bookings
- Capital activity processing
- P&L Reconciliation and NAV Reconciliation
- Trade matching and Settlements
- Delivery on audit requests and resolution of all queries on the same
Contributing Responsibilities
- Ensure middle office deliveries of portfolio event processing, price variance checks, reconciliations (cash, position), Trade Matching and Settlements are produced accurately and in a timely manner.
- Ensure that, client issues/concerns are addressed and resolved within the agreed timelines.
- Ensure high level of communication network is established will all the departments within the Business group.
- Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
- Compliance with all internal organizational and business policies
Technical & Behavioral Competencies
- Should be good in accounting concepts and exposure to Middle office Operations
- Experience in working on Paladyne and Geneva Portfolio Master preferred
- Knowledge on capital markets would be added advantage
- Decent understanding on financial instrument like equities, bonds, futures, options, Swaps , MBS and ABS.
- Candidates to research on hedge funds industry and demonstrate how much they understand of it. Ability to showcase understanding of fund administration business would be an added advantage.
- Should demonstrate the hunger to learn and grow. Should be a go-getter i.e. proactive, driven and demonstrate ability to stretch for the learning / growth.
- Should come across as someone smart, who has ability to think through issues and figure out solutions.
Specific Qualifications (if Required)
The candidate should have a minimum qualification in Graduate/Post Graduate in Finance or equivalent and minimum 2-3 years of experience in the financial services/capital markets. An additional certification in capital markets would be appreciated
Skills
Skills Referential
Behavioural Skills: (Please select up to 4 skills)
Adaptability
Ability to deliver / Results driven
Client focused
Communication skills - oral & written
Transversal Skills: (Please select up to 5 skills)
Ability to develop and adapt a process
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Education Level:
Bachelor Degree or equivalent
Experience Level
At least 2 years
Other/Specific Qualifications (if Required)
The individual should be a quick learner, active team player and flexible to process changes as per business requirements.
Education Level:
Bachelor Degree or equivalent
Experience Level
At least 2 years
Primary Location
IN-TN-Chennai
Job Type
Standard / Permanent
Job
OPERATION PROCESSING
Education Level
Bachelor Degree or equivalent ( = 3 years)
Experience Level
At least 2 years
Schedule
Full-time
