Job Description
CFD Admin service is offered to clients including asset managers, pension funds and other institutional investors that are trading CFD's as a component of their investment strategies. This service is also extended to hedge funds that are trading on CFD's derivatives
CFD Admin acts as primary control check to the positions booked by Trade Capture & are responsible for ensuring the client's books and records captured within Fund Accounting system i.e. Invest One remain synchronized with Broker data received & investigate various types of reconciliation breaks/exception.
This will also include -
Follow up with different brokers/vendor/client for timely resolution of reconciliation breaks/exception
Interaction with the client on weekly/fortnightly basis to discuss outstanding items
Summary of Responsibilities
Key components of the role will be:
Perform reconciliation between Broker / Counterparty vs Client to ensure the client books are in line with respective brokers
Detailed investigation of the breaks
Liaise with external clients and Brokers for breaks resolution
Attend Client calls in presence of onshore team to discuss the status of the breaks resolution & any other client request / issues
Liaise with internal team for breaks resolution
Provide MIS reporting on break status
Provide weekly KPI information to management
Ensure team meet designated deadlines in line with internal SLA's
Proactive & transparent communication to all stakeholders relating to delivery
Provide comprehensive error reporting when such instances occur, and evidence action plan to ensure any identified gaps are closed
Undertake root cause analysis of regular breaks
Escalate issues to designated parties to agreed timescales
Identify process improvements to contribute to best practice
Skills and Qualifications
Previous experience of reconciliation
Sound knowledge of basic accounting (ie. debits/ credits)
Excellent communication, interaction and influencing skills
Strong PC skills, particularly Excel
An understanding of derivatives and fund accounting processes is a distinct advantage
Knowledge of custody and settlement is an advantage
A proactive approach to problem solving, taking ownership of issues and having the determination to follow things through
Self motivated, innovative, methodical and analytical
Good prioritization and time management
Flexible approach to hours and task allocation
Good knowledge of risk and controls
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
CFD Admin acts as primary control check to the positions booked by Trade Capture & are responsible for ensuring the client's books and records captured within Fund Accounting system i.e. Invest One remain synchronized with Broker data received & investigate various types of reconciliation breaks/exception.
This will also include -
Follow up with different brokers/vendor/client for timely resolution of reconciliation breaks/exception
Interaction with the client on weekly/fortnightly basis to discuss outstanding items
Summary of Responsibilities
Key components of the role will be:
Perform reconciliation between Broker / Counterparty vs Client to ensure the client books are in line with respective brokers
Detailed investigation of the breaks
Liaise with external clients and Brokers for breaks resolution
Attend Client calls in presence of onshore team to discuss the status of the breaks resolution & any other client request / issues
Liaise with internal team for breaks resolution
Provide MIS reporting on break status
Provide weekly KPI information to management
Ensure team meet designated deadlines in line with internal SLA's
Proactive & transparent communication to all stakeholders relating to delivery
Provide comprehensive error reporting when such instances occur, and evidence action plan to ensure any identified gaps are closed
Undertake root cause analysis of regular breaks
Escalate issues to designated parties to agreed timescales
Identify process improvements to contribute to best practice
Skills and Qualifications
Previous experience of reconciliation
Sound knowledge of basic accounting (ie. debits/ credits)
Excellent communication, interaction and influencing skills
Strong PC skills, particularly Excel
An understanding of derivatives and fund accounting processes is a distinct advantage
Knowledge of custody and settlement is an advantage
A proactive approach to problem solving, taking ownership of issues and having the determination to follow things through
Self motivated, innovative, methodical and analytical
Good prioritization and time management
Flexible approach to hours and task allocation
Good knowledge of risk and controls
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, ****** orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
💡 Quick Summary
Seeking a career-building opportunity? The Trade Lifecycle Analyst position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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 Bank Jobs is a plus.
