Alternative Fund Services - Cash Operations - Associate - Bangalore

As an Associate in the Alternative Fund Services Cash Operations (AFS Cash Team), you will play a crucial role in driving impact for Private Equity & Hedge Fund clients through Global Cash Operations. The AFS Cash team is dedicated to providing outsourced fund administration solutions for fund sponsors (General Partners) and institutional investors (Limited Partners) in private equity, real estate assets, and Hedge Fund Administrators. By addressing key back office and middle office tasks, the AFS Cash team enables clients to focus on their core investment activities, maximize returns for investors, and maintain streamlined and efficient business processes. Essentially, the AFS Cash team serves as the cash processing unit for Private Equity and Hedge Fund Services. Your primary responsibility as a Cash Processing Associate will involve managing the processing of daily cash movements associated with AFS Cash activity. This includes accurately processing transactions into business systems, facilitating the booking of all foreign currency trades with JPMorgan's desk, and ensuring the settlement of all outgoing wire transactions by the receiving institutions. Additionally, you will be tasked with ensuring proper funding for all transactions and sweeping excess balances into overnight deposits as necessary. As the frontline manager for the team, you will actively engage in servicing tier 1 clients, oversee team performance, and approve and finalize all cash transactions. Balancing daily workflow, identifying and mitigating potential risks, and maintaining an efficient control environment and procedures will also fall under your purview. To excel in this role, you are required to have a good understanding of capital markets, accounting principles, and cash management. Familiarity with traditional and non-traditional financial products such as Private Equity, Hedge Fund, and Mutual Fund is essential. A minimum of 9 years of relevant experience coupled with a Graduation/Post-Graduation degree or diploma and proficiency in computer applications is necessary. Previous experience in a supervisory or management role for at least 3 years is considered a plus. Preferred qualifications for this role include the ability to lead a team effectively, collaborate with multiple stakeholders, and solve complex problems. You should possess strong initiative, multitasking skills, adaptability to change, and a commitment to delivering superior client service under pressure. Being innovative, enthusiastic, detail-oriented, and dedicated to accuracy are key attributes for success in this position. Excellent interpersonal and organizational skills, coupled with a drive for quality, will be instrumental in your role as a team player with a professional, proactive, and positive approach to work.,