Who we are looking for
•Experience with Middle Office operations, Income and Corporate Action processes, and Fund Accounting in Investment Banking or Asset Management Companies is preferred.
•Understanding of Investment Manager and Custody business will be a plus
•Sound Knowledge on Capital markets and trade flow is required. Knowledge on Fixed Income products and Dividends processing.
•Good knowledge upstream and downstream process is required – Knowledge on Middle Office, Custody processes.
•Good understanding of risk and control associated to Custody, Income and Corporate Action processing
What you will be responsible for
•Daily Income processing and validation for Fixed Income and Equity securities.
•Validation of Accruals and Amortization as per client specific policies.
•Reconciliation and resolution of Cash and Stock breaks.
•Review and validate deliverables are completed within the specified SLA's
•Strong Excel, Power BI and AI tools- MIS Reporting skills, data mining and analysis and Word Documents – SOPs
•Should be willing to work in shifts
•Good understanding and execution of process controls
•Ownership and accountability towards process delivery
•Individual will have a strong customer service and operational focus and will provide integrated, value-added services to our clients
What we value
These skills will help you succeed in this role:
•Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.
•Good domain skills in the Fund Accounting processes especially pertaining to accruals and amortization calculation, NAV calculation.
•Good domain skills in Middle Office / Custody operations revolving around income and corporate action processing
•Candidate should be having a clear understanding of manual calculation of Interest Income and Dividend entitlements and tax implication on income payments
•Comprehensive knowledge on Research & resolution on all recon breaks such as trade break/Corporate action breaks & other product related breaks
•Candidate should be able to identify & report the process risks in the recon process
•Exposure to Data Analysis/ Data Scientist roles for work on large data sets would be preferred.
•AI and Lean/Six sigma certification will be a plus.
•Sound understanding of Risk excellence measures within the organization.
•Understanding on Robotics & BPM.
•Good interpersonal, communication and people management skills
Education & Preferred Qualifications
•Bachelor / Masters in Accounting/MBA Finance
•NISM/NSE Certifications
•CISI Certifications
Additional Requirements
•Ability to adhere to strict timelines
•Good interpersonal and communication skills
•Ability to work under tight timelines
•Willing to work in any shifts.
About State Street
State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
