The bank for a changing world

We are looking for

Associate Level 1

Apply REF: AFS000580

Job Description

Job Title:

Associate Level1







Business Line / Function:


Reports to:


Assistant Manager


(if applicable)


Number of Direct Reports:


Directorship / Registration:


Position Purpose

Independent delivery of accurate and timely NAVs for hedge funds.


Direct Responsibilities


- Independent delivery of accurate and timely NAVs for hedge funds – with higher volume and 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

Contributing Responsibilities

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

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

- 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 accounting or hedge fund reconciliation experience (understanding of process and business required).

- Good understanding and ability to apply basic accounting principles.

- Should have working knowledge of asset classes like equities, bonds, futures, options and swaps.

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

- Decent experience on Microsoft Excel – Pivots, financial functions, etc.

Specific Qualifications (if required)

Graduation/Post Graduation


Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written


Ability to collaborate / Teamwork

Active listening

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 develop and leverage networks

Ability to inspire others & generate people's commitment

Education Level:

Bachelor Degree or equivalent

Experience Level

At least 1 year

Other/Specific Qualifications (if required)


Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 1 yearSchedule: Full-time Behavioural competency: Attention to detail / rigorTransversal competency: Ability to develop and adapt a process