Associate - Middle Office

Job Description

ASSOCIATE - Middle Office PUNE The successful candidate will join the Middle Office team and will be closely working with Client Service Managers based in Middle East/Europe/Singapore/US regions in connection with the performance of duties related to the Middle Office Reconciliation process. Candidate should possess a good understanding about Capital Market, Derivatives, Corporate Actions, and Hedge/Mutual Funds. Good knowledge in Financial Products are required. Reporting The position reports to AVP Middle Office Key duties and responsibilities Responsible to book daily trades into Middle office system. Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If any breaks are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments. Trade affirmation and confirmation. Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports Independently price the Investment positions on a daily & monthly basis. Responsible for accruing/amortizing daily or monthly non-security related Fee accruals Review the PNL and highlight risk items to the supervisor. Process non-automated transactions including OTC derivatives and their related cash movements. Effective communication with clients on daily reporting of Reconciliation/Query resolutions. Checking that all OTC products traded by the client have been booked correctly. Support operations on projects related to Automations/Work migrations/Conversions etc. Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Client Service Managers and Clients. Ensure to get cross trained within process and transfer the Knowledge between the team. Skills Required Good interpersonal and time management skills. Adaptability Good knowledge in MS Excel and MS Word Basic accounting knowledge should be very clear Strong written and verbal communication skills. Should have good knowledge in capital market and derivatives. Dedication to work as team and deliver timely results Good understanding of financial services and investment products. Qualification and Experience: Post graduate in Commerce, MBA Finance, CA/CMA/CFA 0-4 Years of Hedge/Mutual funds Reconciliation experience. What you will get in return: A genuinely unique opportunity to be part of an expanding large global business Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly Additional information We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences. We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet. For more information on our commitment to Corporate Social Responsibility (CSR) please visit our CSR policy page. If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salarys expectations) to our dedicated email address: INSERT Website address: https://theapexgroup.com