Financial Services Operations Specialist

2 days ago


Gurgaon, Haryana, India NTT DATA Services Full time

About the Role

We are seeking an experienced Financial Services Operations Specialist to join our team at NTT DATA Services.

Job Summary

  • This is a senior-level position responsible for ensuring the accurate and timely processing of financial transactions, including cash management, portfolio reconciliations, and investor reporting.

Responsibilities

  • Act as an intermediary between funds and their investment managers, serving as the official record keeper for the funds.
  • Prepare daily Net Asset Values, yields, distributions, and other fund accounting output in a timely and accurate manner for subsequent review.
  • Evaluate fund income and expenses, including management and performance fees, to ensure accuracy and compliance with relevant accounting standards.
  • Process capital activities, including subscriptions, redemptions, transfers, rollups, capital commitments, and calls, while maintaining accurate records.
  • Cash Management: Monitor and manage the daily cash flow of trades and track fund cash-flows. Process incoming and outgoing cash movements related to capital activity.
  • Independently complete cash, portfolio, and capital reconciliations, investigating and resolving any discrepancies.
  • Prepare Investor and Client reports, including Audit confirmations and Trade confirmations.
  • Communicate transactions associated with the fund(s) and collaborate with internal and external clients to provide accurate and thorough accounting packages.
  • IDentify exceptions and problems affecting accounting records and prices, communicating them to management and assisting in their resolution.
  • Correspond with external and internal stakeholders regarding day-to-day fund inquiries, including entering security trades, fee payments, cash position breaks, and reconciliations.

Requirements

  • University degree or equivalent in Finance/Accounting principles.
  • 1+ year(s) of experience in investment banking, working with different financial instruments, global markets, OTC security markets, fixed income, and derivatives.
  • Working knowledge of basic functions in MS-Excel.
  • Experience in a service-oriented role where correspondence was required in writing or over the phone with external customers.
  • Prior working knowledge of InvestOne, Bloomberg, IDC, and HIS Market would be an added advantage.
  • Candidate should be willing and flexible to work in any shifts.

Estimated Salary Range: $80,000 - $110,000 per annum



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