Vice President - Middle Office

Apex Group

Pune, Maharashtra
Permanent
Full-time

25 days ago

The successful candidate will join the Middle Office team as an VP Middle Office and will be closely working with Client Service Managers based in Europe/Singapore/US regions in connection with the performance of duties related to the Middle Office Reconciliation process. Candidate should have around 12 plus years of relevant experience in the Hedge/mutual Funds reconciliation and Break resolution experience, must have good knowledge in Financial products.ReportingThe position reports to SVP Middle OfficeKey duties and responsibilities

Planning, scheduling and managing the daily workflows of all client deliverables within the team.
Responsible to review/prepare the Middle Office Reconciliations on a daily/Monthly basis.
Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments
Review Reconciliation and provide sign off to client.
Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
Independently price the Investment positions on a daily & monthly basis.
Responsible for accruing/amortizing daily or monthly non-security related Fee accruals
Review the PNL before delivering the report to client.

Process non-automated transactions including OTC derivatives and their related cash movements.
Effective communication with clients on daily reporting of Reconciliation/Query resolutions.
Checking that all OTC products traded by the client have been booked correctly.
Support operations on projects related to Automations/Work migrations/Conversions etc.
Support global changes in Key operating procedures and implementation.
Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.

Skills Required

Experience working with an investment management or finance-related firm.
Experience working in Fund Accounting area especially on FX or PNL
Good knowledge of the investment industry with minimum 12 Years of experience
M.com/CA/MBA Finance/CFA
Familiarity with Calypso/Paxus is a major plus.
An ability to think critically and objectively.
Experience with reconciliation and break resolution and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
Proficiency in advanced Excel functions.
Excellent communication and inter-personal skills.
Work additional hours as needed.
Team management
Performance appraisal
People growth and development

Qualification and Experience:

Post graduate in Commerce, MBA Finance, CA/CMA/CFA
13-16 Years experience in Middle Office & Hedge/Mutual Fund reconciliation and break resolution experience.

What you will get in return:

A genuinely unique opportunity to be part of an expanding large global business
Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly

Additional informationWe are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.For more information on our commitment to Corporate Social Responsibility (CSR) please visit our CSR

Apex Group

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