Management Trainee - Asset Transitions

Inviting applications for the role of Process Developer / Senior Associate / Management Trainee/ Asst. Manager/ Manager - Asset Transition - Wealth Operations!

In this role, you would be responsible for back-office functions for our client. In Back-office functions you will primarily be working on Asset transition (Inbound, Cost Basis Reporting, Outbound). You will be responsible for Custody and accounting asset/securities transfers from / to brokers, Fund Managers, Custodians etc. You will also be responsible for Tax Lot and book adjustments and rebooking of failed trades.

Responsibilities

• Required good understanding on upstream and downstream of process of Asset transfer.

• Basic knowledge of different types of tax costs, Tax code, Tax lot, Date of Death, Beneficiary, Inheritance/Gifts etc.

• Hands on experience around stock in's & out's (Free Receipt/Delivery) process.

• Good understanding around business transitions and required documentation will have added advantage.

• Experience of posting transactions on accounting & custody book for exception resolution is required.

• Good knowledge of MS Excel is required.

• Experience of applications like Advantage, Trust Desk & Global Plus applications would have added advantage.

• Candidate should have exposure around audits (internal and external) and a strong understanding around Risk and Control framework.

• Good communication skill required to establish strong relationship with onshore counterparts and should be capable of handling Onshore Queries.

• Support with specific client requirements or ad hoc requests.

Qualifications we seek in you!

Minimum Qualifications

• Any Graduate (PG an added advantage)

• Effective probing & root cause analysis skills

Preferred Qualifications/ Skills

• Relevant work experience in an Associate role is desirable.

• Must have previous experience in amiddle/back office in financial services firm.