Manage accounting and operational processes for clients, ensuring timely trade confirmations and settlements while communicating with counterparties and custodians.
Job Summary:
In this role, you will be part of a talented and efficient Fund Services team that works on mission-critical projects within middle and back-office operations. You will manage various accounting and operational processes on behalf of our global client base while maintaining transparent communication with our clients and their fund administrators and trading counterparties.
Responsibilities
- To be a subject matter expert on confirmations\settlements
- Confirming the trades traded by the client vis-à-vis Counterparty confirmations, on T+0
- Effectively communicating with the Counterparties for the missing confirmations or any discrepancies in the confirmations received vis-à-vis client trades
- Performing duty of a middleman between the Counterparties and Custodians to ensure timely settlements of the trades
- Vigilance is of utmost importance as far as emails relating to the trade confirmations are concerned
Required Skills
- General knowledge of products in the hedge fund industry. One should have knowledge on products like Equities, Equity Swaps, Interest Rate Swaps, Credit default Swaps, Futures & Options etc.
- Having fair knowledge of the trade workflow in the market. Should be able to manage workflow, adhering to the agreed turnaround times.
- Assess exceptions and deviations from the standard support process and takes appropriate actions to ensure correct and timely processing
- Should be familiar with the Settlements process and shall be able to effectively communicate between the Custodians/Counterparties to check timely settlements of trades
- Adhering to the agreed client SLAsdev
- Experience working on OMGEO, CTM, NYFIX will be an added advantage
- Proficient in the use of Microsoft Excel and Word
- Ability to handle and prioritize multiple tasks and work independently
- Willing to work in shifts including APAC and EMEA
Education and Experience:
- Bachelor's degree in accounting, Finance, Business, Mathematics, Sciences, or another related field.
- 3-5 years minimum experience in Middle/Back-Office support role at Hedge Fund, Fund Administrator or Prime Broker
Clearwater Analytics (CWAN) Mumbai, Maharashtra, IND Office
Suite 1, Phoenix Centrium, 1, Lal Bahadur Shastri Marg, Kamani, Kurla West, Mumbai, Maharashtra , India
Similar Jobs at Clearwater Analytics (CWAN)
Fintech • Software • Financial Services
The Subject Matter Expert in Client Servicing translates client requirements into system applications, mentors team members, improves processes, and collaborates on product enhancements.
Top Skills:
MS Office
Fintech • Software • Financial Services
The Lead Reconciliation Associate will manage accounting and operational processes for global clients, specifically focusing on syndicated and private loans and their life cycle events.
Top Skills:
ExcelMicrosoft WordSentryVirtusWso
Fintech • Software • Financial Services
Manage accounting and operational processes for global clients, perform trade reconciliations, and oversee fund accounting activities.
Top Skills:
ExcelMicrosoft Word
What you need to know about the Mumbai Tech Scene
From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.
