Job Purpose: Reconciliation and breaks resolution of cash and position breaks related to insurance funds. Working knowledge on Geneva application and expertise on bonds.
Key responsibilities:
- The role involves end to end reconciliation and break resolution of insurance funds
- Good understanding on reading and interpreting data from custody statements
- Reconcile paydown, interest, trade, corporate action, cash & position transfer with custody statements on daily basis
- Reconcile capital calls, rebalances and quarterly Interest payments for insurance funds on daily basis
- Strong fundamental knowledge on pro-rata calculation, paydown factor calculation and Interest accrual calculation
- Ability to read and interpret paying agent information, amortization schedule from notes purchase agreement
- Good understanding on different Bloomberg screen and their functionalities specific to bonds & liability notes
- Ability to interact with multiple counterparties like paying agent, custodian on daily basis via emails
- Demonstrate high attention to detail and should work in a dynamic environment whilst maintaining high quality standards
- Advanced excel skills will be an added advantage
Key competencies:
- Bachelor's or master's degree or equivalent professional qualification, preferably in Accounts or Finance (BBA/BCom/MBA).
- Energetic, results-focused, change agent, with a strong work ethic.
- Ability to work to tight deadlines under pressure, while maintaining attention to detail.
- Excellent organizational and time management skills with a positive and pro-active can-do-attitude.
- Team player and people motivator.
- Interpersonal, collaborative, relationship building and influencing skills.
