AIS Fund Accounting - Emerging Leader

Who We Are Looking For

• At least 3+ years of experience in (Investment Banking) Hedge Fund/ Capital markets/ Fund Accounting along with Reconciliation & Resolution teams for both Cash and Position
• Experience in Investment Banking and AMC’s handling Fund Accounting operations preferred
• Understanding of Investment Manager and Custody business will be a plus
• Sound Knowledge on Capital markets and trade flow is required. Knowledge on Derivative products.
• Good knowledge upstream and downstream process is required – Knowledge on NAV/Custody processes.
• Knowledge on Geneva application will be an added advantage
  
  
  

What You Will Be Responsible For

• Daily Cash and Position Reconciliation between fund and Broker.
• Hedge fund Reconciliation activity for Cash, Cost, and Position & Long-term & Short-term Gain/Loss Realization for the individual portfolio.
• Reconciliation of Dividend & Market Valuation of the portfolio during month-ends for the fulfillment of calculation of GNAV.
• Review and validate deliverables are completed within the specified SLA’s
• Create process flows for the various sub-process so that a repository is created for repeated trainings in the future
• Strong Excel - MIS Reporting skills and Word Documents – SOPs
• Should be willing to work in shifts
• Strong SME skills to trouble shoot process issues
• Business continuity management for the respective team
• Drive process excellence initiative for the team.
• Managing Client expectation and proactive approach is a must
• Individual will have a strong customer service and operational focus and will provide integrated, value-added services to our clients
  
  
  

What We Value

These skills will help you succeed in this role

• Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.
• Good domain skills in the reconciliation processes especially pertaining to market value recon, transaction and cost recon.
• Exposure with portfolio accounting, General ledger systems
• Candidate should be having sound knowledge on matching process & should be able to suggest & advise on matching rules & improvements
• Comprehensive knowledge on Research & resolution on all recon breaks such as trade break/Corporate action breaks & other product related breaks
• Candidate should be able to identify & report the process risks in the recon process
• Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS) and Contract for Difference (CFD Swaps).
• Lean/Six sigma certification will be a plus.
• Sound understanding of Risk excellence measures within the organization.
• Understanding on Robotics & BPM.
• Excellent People skill. Should be able to drive 10 to 15+ team in right direction
• Lead and manage a team in day-to-day production of various Recon types
• Ability to handle bigger span and adhere to strict timelines and quality deliverables
• Good interpersonal, communication and people management skills
• Ability to interact with BU / Global head effectively and manage SLA’s
  
  
  

Education & Preferred Qualifications

• Bachelor / Masters in Accounting/MBA Finance
• NISM/NSE Certifications
• CISI Certifications
• MOOC Certifications
  
  
  

Additional Requirements

• Ability to adhere to strict timelines
• Good interpersonal and communication skills
• Ability to work under tight timelines
• Willing to work in any shifts.
  
  
  

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job ID: R-781528