Job Description
Description
AVP - Middle Office
PUNE
The successful candidate will join the Middle Office team as an AVP – 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 8 plus years of relevant experience in the Hedge/mutual Funds reconciliation and Break resolution experience, must have good knowledge in Financial products.
Reporting
The position reports to VP – Middle Office
Key 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.
• Good knowledge of the investment industry with minimum 8 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
• 8-12 Years’ experience in 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 information
We 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, ****** 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 policy page.
If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary’s expectations) to our dedicated email address: INSERT
Website address: https://theapexgroup.com
AVP - Middle Office
PUNE
The successful candidate will join the Middle Office team as an AVP – 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 8 plus years of relevant experience in the Hedge/mutual Funds reconciliation and Break resolution experience, must have good knowledge in Financial products.
Reporting
The position reports to VP – Middle Office
Key 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.
• Good knowledge of the investment industry with minimum 8 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
• 8-12 Years’ experience in 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 information
We 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, ****** 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 policy page.
If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary’s expectations) to our dedicated email address: INSERT
Website address: https://theapexgroup.com
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Vice President|Middle Office position is now open for candidates interested in the MIS Executive sector. This role in Pune offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in MIS Executive is a plus.
