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.

• Positive 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

Additional Skill Sets

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

• Proficiency with Microsoft applications.

• SQL Experience

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.

• Masters degree in finance/accounting

Process Shifts:

• The person should be versatile 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 & Position Reconciliation (Bengaluru)
🏢 STP Investment
📍 Bengaluru