Overview
We are looking for accounting-oriented investment professionals who are highly motivated, enjoy working in a team environment, and desire to be part of a forward looking investment operations team. The optimal candidate must have excellent investment accounting skills and exhibit a strong interest in applying technology solutions to the role.
You will be responsible for the accounting and administration of domestic and global investment portfolios (separately managed accounts). Your role will focus on the relationships between our custodian banks and internal parties as a problem solver, conflict resolver and relationship builder.
Responsibilities
- Interface daily with custodian bank, third party administrator, portfolio management and analytics to guide communication between parties to resolve complex issues
- Daily reconciliation of portfolio cash accounts with prime broker, custodian bank and third-party administrator
- Completion of monthly reconciliation of clearing broker futures and options statements as well as centrally cleared derivative statements
- Completion of monthly reconciliation of investment holdings, cash, cash equivalents, forward foreign exchange and pricing to custodian bank and/or third party administrator
- Researching and analyzing discrepancies between Western Asset and the client's/fund's designated prime broker or custodian bank. Ensuring that discrepancies are communicated to designated contacts and adequately resolved
- Preparation and review of performance returns for designated client portfolios
- Creation of accounting reports to meet custom reporting requests
- Identification of funding requirements and overdrafts to ensure sufficient monies available at the prime broker or custodian bank to meet settlement of executed transactions
- Assist the team supervisor in establishing operating policies and procedures for the team
- Responsible for the Review of the aged breaks and perform the proper escalations and report to senior management .
- Responsible to perform independent QC review of the Recon transactions and provide necessary feedback to the team.
- Responsible to run and manage the control reports and discuss with the team on non compliance and prepare action plan for such resources for non complaint .
- Responsible to maintain the procedure update and discuss in the Weekly governance .
Qualifications
- Strong computer skills required, particularly in Microsoft Excel
- Experience with industry-specific analytical tools such as Bloomberg, Tableau and Smartsheet is a plus
- Knowledge and/ or experience with the following security types: Government Bonds, Corporate Bonds, Municipal bonds, Derivatives, Mortgages and Foreign Exchange.
- Excellent communication and interpersonal skills with ability to work effectively with various groups and departments throughout the organization
- A team player that values accuracy and has excellent time-management, multi-tasking and organizational skills
- We are looking for individuals who are highly motivated, proactive and enjoy working in a team oriented environment.
- The optimal candidate must have strong analytical and problem solving skills and exhibits a strong interest in finance and accounting
Academic Qualifications:
Bachelor's degree in business finance, accounting or related field.
Candidates may please send your updated resume along with Current CTC, Expected CTC, Notice Period to [Confidential Information] also please add the subject line as per the Job Title Given below.
Job Title : Capital Market / Investment Banking - Lead Associate & Senior Associate
Shift – US Shifts
Work Location: DLF- Chennai
Work Mode: Work from office
