Senior Analyst - Middle Office

Overview

Senior Analyst in the Middle Office, responsible for reconciliations, break resolution, pricing and P&L review for fund administration clients.

What you'll do

• Prepare Cash, Position and Market Value reconciliations and resolve breaks.
• Notify Clients/CSMs of valid breaks; make necessary adjustments where breaks are due to erroneous or missing accounting system transactions.
• Research, follow up on and clear outstanding items within deadlines.
• Submit information for adjusting entries via email to processing departments.
• Identify missing and/or inaccurate information in the vendor database.
• Review and clear daily/monthly cash and positions and provide sign-off to clients.
• Ensure company financial balances match figures in account ledgers.
• Examine accounting records against banking documentation and report discrepancies.
• Review corporate actions booked in the system and ensure they are correctly reflected in the books.
• Reconcile dividends/interest with broker reports.
• Independently price investment positions on a daily and monthly basis.
• Accrue/amortize daily or monthly non-security related fee accruals.
• Review P&L before delivering reports to clients.
• Process non-automated transactions, including OTC derivatives and related cash movements.
• Communicate effectively with clients on daily reporting of reconciliation and query resolutions.
• Check that all OTC products traded by clients are booked correctly.
• Support operations on projects related to automations, work migrations and conversions.
• Support global changes in key operating procedures and their implementation.
• Coordinate with internal and external stakeholders, including Securities/Trades and Pricing teams, Reporting team, Client Service Managers and clients.
• Ensure cross-training within the process and transfer knowledge between team members.

What you'll need

• Experience working with an investment management or finance-related firm.
• Good knowledge of the investment industry with 5+ years in hedge/mutual fund administration or related industry experience.
• An ability to think critically and objectively.
• Experience with reconciliation and break resolution, with demonstrated attention to detail and accuracy, analytical, technical, organizational and problem-solving skills.
• Proficiency in advanced Excel functions.
• Excellent communication and interpersonal skills.
• Willingness to work additional hours as needed.
• Graduate or postgraduate in Commerce, MBA Finance, or CA/CMA/CFA.
• Minimum 5 years of hedge/mutual fund reconciliation and break resolution experience.

Nice to have

• Familiarity with Calypso, Paxus or Enfusion.
• Experience in hedge fund accounting, booking accruals, and tying back P&L and balance sheet.

Details

• Location: Pune - East.