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Financial Operations Expert

1 week ago


Chennai, Tamil Nadu, India myGwork Full time

About us

We are State Street, one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people.

Our Mission

We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.

Work, Live and Grow

We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

Inclusion, Diversity and Social Responsibility

We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality.

Job Description

We are seeking a skilled Financial Operations Expert with extensive experience in reconciliation processes, particularly in market value recon, transaction and cost recon. The ideal candidate will possess hands-on experience with Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.

Responsibilities

  • 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.

Required Skills and Qualifications

  • At least 5+ 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.

Benefits

We offer a comprehensive benefits package that includes:

  • Generous medical care.
  • Insurance and savings plans.

Others

State Street is an equal opportunity and affirmative action employer.