Associate - Middle Office - Bengaluru, Karnataka, India - LRI Invest

LRI Invest
LRI Invest
Verified Company
Bengaluru, Karnataka, India

2 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description
Associate - Middle Office

PUNE, BANGALORE

Reporting

The position reports to AVP - Middle Office

Key duties and responsibilities

  • Planning, scheduling and managing the daily workflows of all client deliverables within the team.
  • Responsible to review/prepare the Middle Office Reconciliations on a daily/Monthly basis.
  • Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments
  • Review Reconciliation and provide sign off to client.
  • Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
  • Independently price the Investment positions on a daily & monthly basis.
  • Responsible for accruing/amortizing daily or monthly nonsecurity related Fee accruals
  • Review the PNL before delivering the report to client.
  • Process nonautomated transactions including OTC derivatives and their related cash movements.
  • Effective communication with clients on daily reporting of Reconciliation/Query resolutions.
  • Checking that all OTC products traded by the client have been booked correctly.
  • Support operations on projects related to Automations/Work migrations/Conversions etc.
  • Support global changes in Key operating procedures and implementation.
  • Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
  • Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.
Skills Required

  • Experience working with an investment management or financerelated firm.
  • Good knowledge of the investment industry with minimum 5 Years of experience
  • Familiarity with Calypso/Paxus is a major plus.
  • An ability to think critically and objectively.
  • Experience with reconciliation and break resolution and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problemsolving skills.
  • Proficiency in advanced Excel functions.
  • Excellent communication and interpersonal skills.
  • Work additional hours as needed.
  • Team management
  • Performance appraisal
  • People growth and development

Qualification and Experience:

  • Post graduate in Commerce, MBA Finance, CA/CMA/CFA
  • 56 Years' experience in Middle Office & Hedge/Mutual Fund reconciliation and break resolution experience.

What you will get in return:

  • A genuinely unique opportunity to be part of an expanding large global business
  • Exposure to all aspects of the business, crossjurisdiction and to working with senior management directly
Additional information


We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please visit our CSR policy page.
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