Purpose is to ensure timely and accurate cash reconciliation and reporting for the Portfolio management teams. This position will also interact with Portfolio Managers and Portfolio Manager Assistants to provide overdraft monitoring and notification to these teams. As part of the broader Global Investment Operations Department, the job incumbent will be expected, over time, to cross train and be multi-skilled in a variety of functions covering Trade Management (including Share Class Hedging processes) and Derivatives so as provide broader operational support during peak periods.
Key Responsibilities
- Perform reconciliations and cash posting on Aladdin. This involves reconciling custodian and accounting records to the Aladdin application.
- Publish cash reports on Aladdin for Portfolio Managers and Portfolio Manager Assistants by agreed upon SLAs.
- Monitor and notify Portfolio Managers and Portfolio Manager Assistants of overdraft notifications and resolution.
- Ensure all reports are sent out within SLA and accurately
- Work with Portfolio Management teams to resolve any actual and projected cash related questions.
- Research and resolve reconciliation differences between custodian, accounting and the Aladdin application to meet KPI standards.
Required Qualifications
- 1-3 years of relevant experience
- Finance / Accounting qualification.
- Good analytical, quantitative & problem-solving skills and ability to use statistical analysis and modeling.
- Knowledge of Investment tools (like Bloomberg
- Good communication skills (written / oral), interpersonal skills and be an effective team player.
- Sound analytical skills.
- Ability to work independently as well as collaborate with cross-functional teams and work across other operational locations.
- Proficiency in MS Office – specifically Excel.
About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.
Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Timings
(2:00p-10:30p)
India Business Unit
AWMPO AWMP&S President's Office
Job Family Group
Mutual Fund Operations
Top Skills
What We Do
Ameriprise Financial has helped millions of clients feel confident about their financial futures for more than 125 years. Our network of approximately 10,000 financial advisors* delivers personalized financial advice to help clients reach their goals.
We believe that with the right advisor, the right advice, and the right firm, life can be brilliant.
Ameriprise has corporate locations throughout the U.S. and across the globe, and advisor offices in all 50 states.
Learn how you can build your career at Ameriprise Financial.
*Ameriprise Financial Q2 2020 Statistical Supplement
All content on this page is provided for informational purposes only and should not be used as the sole basis for investment decisions. Ameriprise Financial cannot guarantee future financial results. Investment products are not federally or FDIC insured, are not deposits or obligations of, or guaranteed by, any financial institution, and involve investment risks including possible loss of the entire amount invested.
By clicking on a hyperlink, you may be directed to a non-Ameriprise website. Be aware that the linked site will be subject to rules, regulation, and privacy and security provisions that are separate, and may differ, from Ameriprise Financial.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC., a registered investment adviser.
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