BPO Trade Settlement Associate at NTT DATA

Gurugram, haryana, India -

Full Time

Start Date

Immediate

Expiry Date

14 Jan, 26

Salary

0.0

Posted On

16 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Trade Settlement, Reconciliation, Financial Reporting, Cash Management, Accounting Principles, Data Entry, MS Excel, Client Engagement, Attention to Detail, Critical Thinking, Portfolio Investments, Fund Accounting, Communication, Problem Solving, Teamwork, Financial Instruments

Industry

IT Services and IT Consulting

Description

Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker. Monthly investigation on Reconciliation discrepancies and verify all the transactions (Independently complete cash, portfolio and capital reconciliations and investigate and resolve any discrepancy). Prepare monthly financial reporting package for Hedge Funds, including the determination of "Net Asset Value" Prepare the Statement of Asset and Liabilities and Profit and Loss Statement Ensure Fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards (Calculation of Incentive Fee and Management Fee). Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls. Derive pricing for portfolio investments. Updating status reports. Cash Management-managing the daily cash flow of trades and monitoring fund cash-flows. Process incoming and outgoing cash movements related to capital activity. Creation and maintenance of investor information including payment models and contacts. Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc. Communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages. Correspond with external investment managers regarding day-to-day fund inquiries including entering security trades, fee, payments, cash position breaks, and reconciliations. Client engagement and a dedication to quality service is a must for success. University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles 1+ year(s) of accounting experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades. Well versed with all financial instruments Complete procedural knowledge of fund accounting is a must. Trade Booking, Cash reporting, Exception analysing, reconciliation of assets and cash, Post pricing issues etc. 1+ year(s) of data entry experience that required a focus on quality including attention to detail, accuracy, and accountability for your work product. 1+ year(s) of experience using MS-Excel that required you to use Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting. 1+ year(s) of experience in a service-oriented role where you had to correspond in writing or over the phone with external customers. Ability to work regularly scheduled shifts from Monday-Friday. Desired qualities: A drive to broaden one's knowledge of the financial services industry by learning new concepts and systems and taking the initiative to apply it to daily work assignments. Attention-to-detail to ensure that all deliverables consistently meet the highest standard of quality and accuracy. Positivity and collegial approach in assisting both colleagues and clients and the ability to work in team environment. Curiosity, critical thinking and attention to detail: Whether it's to identify a solution to a problem or possibly help implement a more efficient process or procedure, your skills have a place in our business.

Responsibilities

The BPO Trade Settlement Associate will perform daily reconciliation of accounts and prepare monthly financial reporting packages for Hedge Funds. They will also manage cash flow, process capital activities, and communicate with internal and external clients regarding fund transactions.