Associate

Overview

Associate role responsible for daily reconciliation of cash, positions and transactions across multiple security types, resolving breaks with clients, prime brokers, counterparties and internal teams.

What you'll do

• Perform daily reconciliation of cash, positions and transactions for Equity, Corporate Bond, MBS, Derivatives (OTC & Listed), Repo, Bank Loan, and private securities.
• Analyze and understand all security and cash position differences related to reconciliations.
• Coordinate the break resolution process with clients, prime brokers, counterparties and internal departments.
• Upload trades in the trade capture tool, either manually or through auto loading of files received from managers or prime brokers.
• Perform trade confirmation with counterparties.
• Track corporate actions.
• Monitor fail trades and settlement.
• Work on projects of a moderate scope or on varied tasks requiring resourcefulness, self-initiative and significant independent judgement.
• Evaluate the implications of issues and make recommendations for solutions.
• Guide less experienced team members and may recommend new procedures.

What you'll need

• Master's degree, or Bachelor's degree and 2 years of related experience, or high school degree and 4 years of related experience.

Details

• Location: Mumbai, India - Nirlon Knowledge Park.