Associate

Overview

Associate role responsible for daily reconciliation of cash, positions and transactions across multiple security types, coordinating break resolution with clients, prime brokers, counterparties and internal departments.

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 client, 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.
• Lead professionals or first-level leaders working on issues of diverse scope or coordinate department activities.
• Exercise wide latitude to make decisions within established company policies to meet business objectives.
• Advise staff and partner with cross-functional teams to meet project schedules and develop solutions to issues.
• Be accountable for department results.
• Establish procedures and recommend changes to policies.

What you'll need

• Minimally a Master's degree and 4 years of related experience, or a Bachelor's degree and 6 years of related experience, or a high school degree and 8 years of related experience.

Details

• Location: Mumbai, India - Nirlon Knowledge Park.