Job
Description
VOYA INDIA Overview VOYA INDIA, formerly known as VFI SLK, is a technology-driven, business process transformation company, driving the evolution of the financial services customer experience through the art of technology, innovation, and human creativity. As a subsidiary of Voya Financial Inc, we are dedicated to delivering cutting-edge solutions to Voya’s Health (employee benefits), Wealth (Retirement) and Investment Management Business. Our focus lies in crafting inventive customer-centric solutions by digitizing, automating, and optimizing technology and business processes. We are committed to fostering an environment that celebrates learning, growth and inclusivity while developing and deploying innovative and impactful solutions for Voya Financial Inc. More information is available at : - www.voyaindia.com Profile Description The Alternative Operations assigned tasks are complex at times, and those tasks are unique/distinct in nature. Individuals on the team are expected to possess strong analysis skills and are expected to perform with minimum supervision in that our production cycle is time sensitive and individuals on the team are expected to trouble shoot problems and provide recommendation for permanent and timely resolutions. Voya IM is seeking motivated individuals to support the Alternative Operations team function. The operation focus among other things is to check NAV, reconciliation and several reporting with lot of analytics. Analysis would be medium to easy complexity however having eye to detail is imperative. The candidate for the position must have the ability to keep pace with a rapidly changing business environment. Success in this role requires a strong analytical mindset, the ability to understand the dynamics of operation and a willingness to work in a collaborative team setting. Roles and responsibilities Forecasting cash on everyday basis, using trade settlement report, bank account balance and counterparties margin call statements. Prepare instructions for the settlement of margin calls for the funds related to Futures and other derivates. Prepare wire transfers by validating all entries. Reconciliation between Fund Administrator and trading platform on estimates of T+2 and T+3 settlements. Calculating and reviewing interest for repurchase agreement’s counterparties for tracking purpose. Monthly end reconciliation with Fund Administrator which includes profit and loss reconciliation, position reconciliation and cash reconciliation. Month end reporting which includes leverage calculations, asset under management calculations and various other exposure calculations. Preparing regulatory reporting like Form PF and Form CPO as they are due. Preparing several reports for board and reviewing administrator’s report to the board. Excellent team interaction and people skills (verbal and writing skills) – as this individual will interact with many distinct parts and levels of the VOYA organization (peers, supervisors, project leaders, and internal/external clients.) Promote a cheerful outlook and working environment among fellow employees and develop efficient working relationships. Adaptable to working in an ever-changing multi-tasked environment with high priorities, varying workloads, and multiple deadlines. Knowledge and Experience Undergraduate degree in accounting, finance, quantitative analysis, business administration or equivalent work experience 3 to 5 years of investment Industry experience with basic understanding of investment vehicles (Fixed Income Securities, Derivatives, Equities and Senior Loans). Have basic knowledge of alternative instruments (private equity, private credit, real estate setup) and industry setup (LPs and GPs) Have experience with reviewing financial statements before they are published to the larger public. Someone with fund accounting experience will be able to adapt on this role. Familiarity with various platforms and systems (e.g., Bloomberg, PowerBI). Strong knowledge of Microsoft platforms is expected (e.g., MS Office, Excel, Word, Windows, etc.) and other PC based software. Particularly good organizational, analytical, and quantitative skills. Ability to work in a challenging environment as we may have varying workloads and strict deadlines (e.g., month, quarter, and year-end). Ability to resolve problems utilizing appropriate resources independently and creatively. Maintain strong working relationships with peers, supervisors, project leaders, and internal/external clients. Excellent team interaction and people skills (verbal and writing skills). Voya IM is a relatively flat organization, so a congenial, but professional attitude and demeanor is expected. Flexibility work in shifts Show more Show less
