Financial Services Operations Specialist
1 day ago
We are seeking a highly skilled Financial Services Operations Specialist to join our team at Gurgaon. This role involves performing end-to-end cash reconciliation activities, analyzing data, and ensuring accurate transactions.
About the RoleThe primary goal of this position is to perform account reconciliation for clients across multiple portfolios. As a Financial Services Operations Specialist, you will be responsible for:
- Daily cash reconciliation activities, including conducting analysis and recording transactions
- Identifying reasons for variances in cash/assets through bank & custody statements and other supporting data
- Interacting with internal teams, banks, custodians, and advisors for missing trades/corporate actions/other transaction items
- Following up on actions for pending transactions/incorrect bookings with trade teams/banks/custodians
- Verifying prices and income, rates of interest, etc., depending on the security being booked through Bloomberg or other market data services and providing appropriate back-ups
- Reporting issues to supervisors and seeking support as needed
- Performing administrative functions related to monthly closing and valuations
- Developing and maintaining a solid working knowledge of the financial services industry and of all products, services, and processes performed by the team
To be successful in this role, you will need:
- 2+ years of accounting experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades. Good knowledge of Capital Market
- Ability to work regularly scheduled shifts
- University degree or equivalent that requires 3+ years of formal studies of Finance/Accounting principles
- 2+ years of data entry experience that requires a focus on quality, including attention to detail, accuracy, and accountability for your work product
- 2+ years of experience using MS-Excel that requires using Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting
- 2+ years of experience in a service-oriented role where you had to correspond in writing or over the phone with external customers
₹850,000 - ₹1,100,000 per annum, based on location and experience.
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