Fund Accounting - Associate 2
Salary₹0 - ₹0
Experience2 - 4 Years
Job Views: 201
Job Applicants: coming soon
Posted: 761 Days ago
The main function of the role is: Work in conjunction with individuals on the team as well as other Shared Services/COEs, outsource partners, Client Operations, other business units as needed to ensure seamless processing according to the fund’s policies, to ensure NAV/yield accuracy and that all SLAs are met.
• Validate and review all daily activity while maintaining all required controls
• Calculate and process fund and account activities, e.g. supporting NAV, SEC yields, cash movements, distributions, corporate actions, bank loans, processed transactions, etc. and prepares proofs as needed
• Support the review and validation of data as needed, e.g. fund Net Asset Values, etc. as well as distribute information to Shared Services and Client Operations teams
• Research and resolve exceptions, reconciliations, incorrect transactions and issues
• Receive and resolve inquiries in a timely and accurate manner and communicates effectively with clients when necessary
• Escalate unresolved issues to management as required
• Maintain appropriate records of daily and monthly activities
• Support the production of financial, performance and/or quality reports for
client, shareholder, director and management as needed
• Maintain knowledge of current alternative procedures and processes
• Document any updates or changes to formal procedures, databases, etc.
• Prepare and verify information for various projects/special requests as directed
• Support training of new hires as necessary
• During the course of normal day to day operations, responsible for identifying
any unusual or potentially suspicious transaction activity and must report
and/or escalate in accordance with corporate policy and guidelines detailed in
relevant operating procedures
• Perform other duties as assigned.
Roles & Responsibilities
Your Skills and experience
Your Experience and qualifications
•Novice to Competent with a Bachelor’s degree or equivalent work experience with a focus in Accounting, Economics, Finance, Technical or related field preferred. CA / CMA or Semi Qualified can apply as well
•Proficient with Microsoft Office Products (Excel, Word)
•Location: Mumbai – multiple shifts available
•Excellent communication, organization, interpersonal planning, and analytical skills
•Deadline and detail oriented
• Minimum of 2-4 years of related Custody and/or Fund Accounting experience.
• Knowledge of securities language and legal requirements.
• Good interpersonal and organizational skills.
• Some understanding of operational functions within Custody and/or Fund Accounting.
Demonstrated computer proficiency and working knowledge of various software applications.
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading. With $33.99 trillion in assets under custody and administration and $2.81 trillion* in assets under management as of September 30, 2018, State Street operates in more than 100 geographic markets worldwide, including the US, Canada, Europe, the Middle East and Asia.
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