Alternative Operations Reconciliations - Senior Associate

State Street


Date: 3 weeks ago
City: Coimbatore, Tamil Nadu
Contract type: Full time
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.


Job ID: R-777924

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Manager Continuous Improvement

CIRCOR International, Inc., Coimbatore, Tamil Nadu
1 week ago
Position SummaryThe Continuous Improvement person is responsible for the planning and execution of site improvement projects (Lean & Six-Sigma) to fulfill the strategic objectives of the business.This leader will support the site by leading the Business Unit’s continuous improvement through the planning and implementation of Lean manufacturing and Six Sigma methodologies.Partners with site & group leadership to lead the transformation...

Account Receivable Executive

Accor, Coimbatore, Tamil Nadu
2 weeks ago
Company Description"Why work for Accor?We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore...

Relationship Manager

Hirva HR Solutions Pvt Ltd., Coimbatore, Tamil Nadu
2 weeks ago
This job is provided by apna.co Designation : Relationship ManagerMeet and assist customers interested in gold loansManage loan documentation and provide smooth serviceFocus on customer satisfaction and business growthWork closely with your team to reach targetsCandidate Profile Graduate Min. 6 Months exp. in Banking / Finance / Any Loan Sales Age : 21 to 38 Yrs. Good Communication SkillsFor more...