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Assistant Manager - Hedge Fund Services

Apply REF: BNP017900


Job Description



Job Title:

Assistant Manager

Date:

Jan-2019

Department:

IFSO

Location:

Mumbai/Chennai

Business Line / Function:

HFS

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

3 to 6 members

Directorship / Registration:

 

Position Purpose

Management of NAV delivery for Hedge fund/Fund of Funds accurately and in a timely manner

Responsibilities

Direct Responsibilities

 

- Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having  equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:

- Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

- Income reconciliation (dividends and interest)

- Manual Pricing and Pricing review

- P&L review and Tolerance checks

- Fees accrual, management and performance fee calculation and booking

- Capital bookings and reconciliation with Investor services system reports

- TB tie out and compiling NAV pack

- Work Allocation and tracking the deliverables

 

Contributing Responsibilities

- Delivery on audit requests and resolution of all queries on a timely basis

- Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

- Compliance with all internal organizational and business policies

Technical & Behavioral Competencies

- Hedge fund accountings experience a must – ability to understand and resolve breaks in a hedge fund operating environment (systems, asset classes, deliverable timelines, etc.).

- Operational understanding of asset classes like futures & options, equity swaps, CDS, etc. apart from equities and bonds.

- Experience on Advent Geneva system would be preferred – an added advantage

- Good Excel and MS office skills

- Good communication skills

- Requires to review complex hedge fund NAVs

- Participation in system development projects, process change projects, etc.

- Troubleshoot issues of junior members and mentor / coach / buddy them.

Specific Qualifications

Graduates / Post Graduates  (M.Com/MBA Finance preferred)

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written

Client focused

Ability to deliver / Results driven

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to manage a project

Ability to inspire others & generate people's commitment

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

 





Job Description



Job Title:

Assistant Manager

Date:

Jan-2019

Department:

IFSO

Location:

Mumbai/Chennai

Business Line / Function:

HFS

Reports to:

(Direct)

Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

3 to 6 members

Directorship / Registration:

 

Position Purpose

Management of NAV delivery for Hedge fund/Fund of Funds accurately and in a timely manner

Responsibilities

Direct Responsibilities

 

- Managing delivery of accurate and timely NAVs for hedge funds, Fund of Funds and Feeder funds – with extremely high volume or / and very high complexity (having  equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:

- Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

- Income reconciliation (dividends and interest)

- Manual Pricing and Pricing review

- P&L review and Tolerance checks

- Fees accrual, management and performance fee calculation and booking

- Capital bookings and reconciliation with Investor services system reports

- TB tie out and compiling NAV pack

- Work Allocation and tracking the deliverables

 

Contributing Responsibilities

- Delivery on audit requests and resolution of all queries on a timely basis

- Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings

- Compliance with all internal organizational and business policies

Technical & Behavioral Competencies

- Hedge fund accountings experience a must – ability to understand and resolve breaks in a hedge fund operating environment (systems, asset classes, deliverable timelines, etc.).

- Operational understanding of asset classes like futures & options, equity swaps, CDS, etc. apart from equities and bonds.

- Experience on Advent Geneva system would be preferred – an added advantage

- Good Excel and MS office skills

- Good communication skills

- Requires to review complex hedge fund NAVs

- Participation in system development projects, process change projects, etc.

- Troubleshoot issues of junior members and mentor / coach / buddy them.

Specific Qualifications

Graduates / Post Graduates  (M.Com/MBA Finance preferred)

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written

Client focused

Ability to deliver / Results driven

Attention to detail / rigor

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and adapt a process

Ability to manage a project

Ability to inspire others & generate people's commitment

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 5 years

Other/Specific Qualifications (if required)

 



Primary Location: IN-TN-ChennaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 2 yearsSchedule: Full-time Behavioural competency: Attention to detail / rigorTransversal competency: Ability to inspire others & generate people's commitment