Job Description

 

[IM Operations: Payments Team]

Division: IM Operations                                                  Job Title:  Temp

Location: Mumbai                                                          Job Level: Temp

 

Company Profile

 

Client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

 

As a market leader, the talent and passion of our people is critical to our success.  Together, we share a common set of values rooted in integrity, excellence and strong team ethic.  Client can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

 

IM Operations

This Operations group supports the equity, fixed income, liquidity and alternative businesses for Client Investment Management (IM), providing middle-office services including portfolio manager support, client services, portfolio transitions, market registration, product data and performance and attribution analysis. IM Operations also provides mutual fund support, derivative processing, and counterparty and credit event management.

 

Team Profile and Responsibility

 

The Team would be responsible for

 

  • Coordinating and liaising of the Investment Management BU’s cash funding requirements, including but not limited to the Seed Capital/Capital Call for the firm-sponsored funds, trade errors, margin calls, & other related activities.
  • Perform Call Back Verification based on Firm policy and procedures, when applicable
  • Perform Monthly Substantiation process across all firm accounts.
  • Process payments on 3rd Party Broker applications.
  • Process Intermediary Invoices for NY Institutional & Retails funds.
  • Review of Financials Statements prepared by fund accountants across families.Daily NAV Analysis process to ensure reasonability check on the day to day NAV movement.
  • Due diligence over fund accountants/service providers i.e. Review of expenses, Liquidity holding report, custody billing reviews etc. 
  • Invoice processing for EMEA funds.
  • Involvement in other projects related to the job function and perform related duties as assigned.

This position would require the individual to work closely with the local India and global teams as also may need to liaise and interact with various third parties.

 

Skills required

 

  • Graduate with Accounting Background.
  • Basic knowledge about Mutual Funds.
  • Strong verbal and written communication skills
  • Should have a keen eye for detail and accuracy
  • High degree of computer literacy, including working knowledge of Windows-based applications such as Word and Excel.
  • An ability to work under pressure and an ability to cope with increased workloads
  • An ability to ‘think outside the box’ and look for creative solutions
  • Self-starter with the ability to take a proactive approach to projects and tasks in implementing solutions
  • Demonstrates ability to work effectively in a team-oriented environment and build networks
  • Ability to identify and escalate risk issues to stakeholders
  • Organizational skills, including the ability to coordinate, prioritize, and manage multiple activities
  • Ability to work effectively with minimal supervision and flexibility to adapt to changing needs and requirements.

 

Client is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.