Core Operations, Associate 2

Overview

Core Operations Associate 2 role in Middle Office and Custody operations, focused on income and corporate action processing, reconciliation and fund accounting support.

What you'll do

• Perform daily income processing and validation for fixed income and equity securities.
• Validate accruals and amortization as per client-specific policies.
• Reconcile and resolve cash and stock breaks.
• Review and validate that deliverables are completed within the specified SLAs.
• Produce MIS reports using Excel, Power BI and AI tools, including data mining and analysis.
• Prepare and maintain Word documents such as SOPs.
• Execute process controls and take ownership and accountability for process delivery.
• Provide integrated, value-added customer service and operational support to clients.

What you'll need

• Sound knowledge of capital markets and trade flow.
• Knowledge of fixed income products and dividends processing.
• Good knowledge of upstream and downstream processes, including Middle Office and Custody processes.
• Good understanding of risk and control associated with custody, income and corporate action processing.
• Strong Excel, Power BI and AI tools MIS reporting skills, data mining and analysis, and Word document (SOP) skills.
• Willingness to work in shifts.
• Good understanding and execution of process controls.
• Ownership and accountability towards process delivery.
• Strong customer service and operational focus.
• Bachelor's or Master's in Accounting, or MBA Finance, or NISM/NSE certifications, or CISI certifications (education and preferred qualifications as stated).
• Ability to adhere to strict timelines and work under tight timelines.
• Good interpersonal and communication skills.
• Willing to work in any shifts.

Nice to have

• Experience in Middle Office, income and corporate action processes, and fund accounting in investment banking or asset management companies is preferred.
• Understanding of investment manager and custody business is a plus.
• Hands-on experience using the Bloomberg Terminal for searching corporate action information, verifying bond coupon accruals and checking security prices.
• Good domain skills in fund accounting processes, especially accruals and amortization calculation and NAV calculation.
• Good domain skills in Middle Office / Custody operations around income and corporate action processing.
• Clear understanding of manual calculation of interest income and dividend entitlements and tax implications on income payments.
• Comprehensive knowledge of research and resolution of all recon breaks, such as trade breaks, corporate action breaks and other product-related breaks.
• Ability to identify and report process risks in the reconciliation process.
• Exposure to data analysis or data scientist roles working with large data sets is preferred.
• AI and Lean/Six Sigma certification is a plus.
• Sound understanding of risk excellence measures within the organization.
• Understanding of robotics and BPM.
• Good interpersonal, communication and people management skills.

Details

• Location: Coimbatore, India.
• Shift work is required; candidates must be willing to work in any shift.