Lead Reconciliation Associate

Job Summary:

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 night shift.
  

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