Administrator 2-recon-grs - Administrative Building, India - Invesco

Invesco

Verified Company

Administrative Building, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job Purpose (Job Summary):

He / She
works under the general direction of the Team Leader in the reconciliation group. He /She provides operational support for investment activity in mutual funds, global funds and institutional accounts for INVESCO.

He /She reconciles client accounts, verifies cash transaction and position activities, researches unresolved issues and interacts with the external group to resolve complex settlement and trade related issues.

He /She exercises independent judgment while researching and resolving time critical and risk sensitive issues. Provide mentoring support for group

Key Re Responsibilities / Duties:

Reconciles the Cash/Positions for all the internal and external systems and resolve the discrepancies/exceptions within the established deadlines.
Ensure that all client specific reconciliation guidelines and reporting standards are met.
Assist the team leader in completing client specific reports and analyze the same.
Respond to basic client questions and refer more complex issues to the team leader.
Perform and complete all tasks that meet client specified reconciliation guidelines and reporting standards.
Assist the team members in preparing, reviewing and analyzing reconciliation reports.
Review all reconciliations done by the other team members.
Ensure Daily cash and position reconciliation of client portfolio's to the custodian.
Accurate and timely posting of contributions and withdrawals into the client portfolio's and report the same to the portfolio managers and the Traders.
Monitor and track the cash a level of the client portfolio's and report any overdrawn accounts and the accounts with high cash.
Matching of trades done by the traders against the brokers and resolve any exceptions and input the trades into the portfolio systems.
Set up securities in the trading and portfolio systems.
Accurate and timely posting of dividends, income and other expense transactions into the client portfolios.
Timely and accurate administration of various corporate actions like stock split, reverse split, spin off, bonus etc.

Formal Education:

BCOM, MCOM, MBA and any professional qualification with Finance as the major Specialization.

Work Experience / Knowledge:

35 Years of knowledge on global capital markets and has worked in Portfolio Reconciliations, Trade Input and Data Management

Skills / Other Personal Attributes Required:

Excellent communication skills both written and verbal.
Ability to work independently in a highpressure environment.
Effective computer skills and attention to detail.
Process driven approach with a strong emphasis on compliance with rules and regulations