Description – APAC
Line / Function:
FUND SERVICES OPERATIONS
of Direct Reports:
This role is an SME position that requires
compulsory formal education with excellent communication skills. In this
position, a senior associate performs the role of a full time
checker/reviewer also contributing towards processing of reconciliations.
Role is to review thoroughly the reconciliations done between bank/out of
bank assets Vs ledger accounts by the processor and check if the necessary
back-up has been saved correctly for further assimilation to stakeholders. A
senior associate will also contribute by bringing in the fresh ideas from
previous work experience to the table in this fast changing environment.
- Strive to become a SME (Subject Matter Expert) of
the process by acquiring complete knowledge of reconciliations
processing across all funds & instruments types.
- Should be able to perform complex reconciliations
- Should be able to perform review function.
- For review function, ensure all breaks are justified
and commented correctly, all delays and errors are captured on the
tracker. Also, ensure that the reconciliations are closed on
reconciliation tool and sign-off is sent to the NAV teams.
- To chase relevant parties for all long pending
breaks on a periodic basis. Escalate to manager in case break not
resolved despite constant chasers.
reconciliations are completed for each NAV calculation.
of reconciliations includes:
Funds reconciled are delivered on
Delay reasons are updated
Processor and reviewer time
updated on tracker.
Sign-off sent to the NAV teams
based on cut-off agreed.
Archival of packs done on a daily
basis for reconcilitions performed manually. (specific to derivatives
- Ensure to adhere quality SLA of 99% & above
while performing reconciliations.
- Ensure to adhere timeliness SLA of 95% & above
while performing reconciliations.
- There should be no comebacks from NAV teams
on the reconciliations performed by self and team.
- There should be no incidents logged on
reconciliations performed by self and team.
- Be proactive in resolving queries and escalate
immediately to the manager on any issues/queries/escalations.
- Be proactive in resolving queries of team members
and escalate immediately to the supervisor on any
- Ensure to complete ad-hoc duties which may arise
from time to time, mainly on month ends, year-ends and system down-time
- Effectively monitor the respective group mail box
and respond efficiently to the queries.
- Co-ordinate audit and ORC requests and ensure that
it is completed on time.
- Provide AM / AM Leads timely feedback on staff
performance by producing timeliness and errors details.
- Provide necessary training (process + product
related) to the team members.
- Required to plan leaves in advance as per GSO
policies and keep a tab on unplanned leaves for self and the team.
& Behavioral Competencies
Thorough understanding of all Capital market,
Financial Instruments, Investment baking processes and advanced accounting
Excellent verbal and written communication.
Strong analytical skills, detail orientation,
service commitment, solid organizational and interpersonal skills.
Ability to work independently, as well as in a
team environment, prioritizes multiple tasks and meets strict deadlines.
Proficient in Microsoft Office Applications.
Strong MS Excel, MS Word, MS PowerPoint skills required.
Should be self-motivated and energetic.
Should be able to train staff.
should be willing and flexible to work in any shifts.
Qualifications (if required)
Graduate/Post Graduate (preferably in finance).
Candidates should have relevant Fund accounting
reconciliations or NAV experience.
Working knowledge on Intellimatch tool an
advantage (Specific for Paris/Spain recon process).
Behavioural Skills: (Please select up to 4
Ability to share
/ pass on knowledge
Ability to collaborate / Teamwork
Communication skills - oral &
Creativity & Innovation /
(Please select up to 5 skills)
understand, explain and support change
develop and adapt a process
manage / facilitate a meeting, seminar, committee, training…
Choose an item.
Bachelor Degree or equivalent
At least 3 years
Other/Specific Qualifications (if required)
Should be flexible to travel for migration (within / outside