Financial Services Operations Specialist

2 weeks ago


Bengaluru, Karnataka, India Genpact Full time

Genpact is a global professional services and solutions firm driving business outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients.

At Genpact, we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

We are currently seeking a highly skilled Financial Services Operations Specialist to join our team in Asset Transition. This role is part of our Wealth Operations team, responsible for back-office functions for our client.

The successful candidate will be working on Asset transition (Inbound, Cost Basis Reporting, Outbound) and will be responsible for Custody and accounting asset/securities transfers from/to brokers, Fund Managers, Custodians etc.

Responsibilities:

  • Develop a good understanding of the upstream and downstream processes of Asset transfer.
  • Gain basic knowledge of different types of tax costs, Tax code, Tax lot, Date of Death, Beneficiary, Inheritance/Gifts etc.
  • Acquire hands-on experience around stock in's & out's (Free Receipt/Delivery) process.
  • Gain a 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:

  • Any Graduate (PG an added advantage)
  • Effective probing & root cause analysis skills

Estimated Salary: $80,000 - $120,000 per year, depending on location and experience.



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