Roles and Responsibility

- Handling end-to-end daily cash reconciliation and position reconciliation of transactions for multiple products, i.e., derivatives, equities, fixed income, corporate actions, trades, etc.

- Reconciliation of custodian records with accountings.

- Responsible for clearing aged breaks and investigating the unreconciled difference, resolving the issue, and keeping the valid breaks.

- Processing of corporate action in application

- Set-up of different type of securities in application

- Responsible for feed loading status from the Custodian and Investment manager side.

- Engage with client contacts and custodian banks to resolve issues within established guidelines.

- Resolve complex transaction break queries by reaching out to custodians, clients, and other departments with proper investigation.

- Finalizing the true breaks and preparing the posting entries related to daily expenses, income, and trade adjustment postings.

- Handling client queries and raise issues with clients related to the process.

- Maintain accuracy levels as per client standards and meet SLAs.

- Strive for customer satisfaction and prioritize Client Delight.

Required Skill Sets

- 3-5 years of experience in investment Banking or Financial market industry.

- Should have a good understanding of Reconciliation and resolving discrepancies.

- Flexibility and able to quickly adapt to changing assignments

- Sound understanding of middle and back-office operations within a typical asset management firm with various asset classes.

- Good business domain knowledge in the mutual fund / Hedge Fund / SMA,



including an overview of portfolio management and accounting.

- Good knowledge and understanding of Corporate Action and Fixed Income products.

- Good knowledge of different asset classes.

- Knowledge of Posting of different kinds of transactions like Paydown, Coupon, Contribution/Withdrawal, etc.

- Proven initiative-taking ability, and the capability to drive such initiative across the unit.

- Ability to prioritize and complete multiple assignments under short deadlines

- Excellent analytical and problem-solving skills.

- Exceptional verbal and written communication skills.

- Proficiency with Microsoft applications.

- SQL Experience is mandatory

Additional Skill Sets

- Advent Axys, APX, Envestnet / Tamarac Portfolio Center, Orion, Addepar, Black Diamond or other portfolio accounting & investment performance reporting systems is highly preferred.

- Proficiency with Microsoft applications.

Behavioral Skills

- Eagerness to Learn and grow.

- Clear articulation of ideas and issues.

- Setting and achieving realistic and challenging goals.

- Dealing effectively with pressure and maintaining focus under adversity.

- Effective sharing of information and communication within teams.

- Openness to feedback and continuous improvement.

Qualifications

- Bachelors degree in accounting, Finance, Information Systems, or related field required.

- Master’s degree in finance/accounting

Process Shifts:

- The person should be adaptable to work in shifts.

How to apply: - Visit our Career Site – indiacareers.stpis.com and search for the role you want to apply for or share your resume directly to stp_india_recruitment.com.

📌 Senior Associate - Cash And Position Reconciliation (Bengaluru)
🏢 STP Investment
📍 Bengaluru