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We are looking for

Senior Associate- Hedge Fund Services

Apply REF: BNP018353


Job Description





Job Title:

Senior Associate

Date:

Jan-2019

Department:

IFSO

Location:

Mumbai/Chennai

Business Line / Function:

HFS

Reports to:

(Direct)

Assistant Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

 

Position Purpose

Independent delivery of accurate and timely NAVs for hedge funds.

Responsibilities

Direct Responsibilities

 

- Independent delivery of accurate and timely NAVs for hedge 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:

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

o   Income reconciliation (dividends and interest)

o   Manual Pricing and Pricing review

o   P&L review and Tolerance checks

o   Fees accrual, management and performance fee calculation and booking

o   Capital bookings and reconciliation with Investor services system reports

o    TB tie out and compiling NAV pack

- Could be required to review simpler hedge fund NAVs

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

- Troubleshoot issues of other team members and mentor / coach / buddy them

Technical & Behavioral Competencies

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

- Should have deep working knowledge of asset classes like equities, bonds, futures, options and swaps i.e. how they operate in real world.

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

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

Specific Qualifications

Post-Graduation in Finance (Graduate in Accounting with courses in capital markets may also apply)        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written

Ability to collaborate / Teamwork

Adaptability

Active listening

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:

Master Degree or equivalent

Experience Level

At least 2 years

Other/Specific Qualifications (if required)

 





Job Description





Job Title:

Senior Associate

Date:

Jan-2019

Department:

IFSO

Location:

Mumbai/Chennai

Business Line / Function:

HFS

Reports to:

(Direct)

Assistant Manager

Grade:

(if applicable)

(Functional)

Number of Direct Reports:

NA

Directorship / Registration:

 

Position Purpose

Independent delivery of accurate and timely NAVs for hedge funds.

Responsibilities

Direct Responsibilities

 

- Independent delivery of accurate and timely NAVs for hedge 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:

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

o   Income reconciliation (dividends and interest)

o   Manual Pricing and Pricing review

o   P&L review and Tolerance checks

o   Fees accrual, management and performance fee calculation and booking

o   Capital bookings and reconciliation with Investor services system reports

o    TB tie out and compiling NAV pack

- Could be required to review simpler hedge fund NAVs

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

- Troubleshoot issues of other team members and mentor / coach / buddy them

Technical & Behavioral Competencies

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

- Should have deep working knowledge of asset classes like equities, bonds, futures, options and swaps i.e. how they operate in real world.

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

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

Specific Qualifications

Post-Graduation in Finance (Graduate in Accounting with courses in capital markets may also apply)        

Skills Referential    

Behavioural Skills: (Please select up to 4 skills)

Communication skills - oral & written

Ability to collaborate / Teamwork

Adaptability

Active listening

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:

Master Degree or equivalent

Experience Level

At least 2 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