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The Senior Trade Settlement Representative will be responsible for performing daily cash reconciliation activities, analyzing transactions, and interacting with internal teams and external partners. The role requires a solid understanding of financial instruments and the ability to work with market data services. Candidates should have experience in reconciliation and data entry, along with proficiency in MS Excel.
Job Responsibility:
Performing daily end to end cash reconciliation activities that includes conducting analysis and recording transactions
Identifying reasons for variances in cash/assets through bank & custody statements and other supporting data
Interacting with designated internal teams, bank, custody and advisors for missing trades /corporate actions/ other transaction items
Following up on actions for pending transactions/incorrect booking with trade team/bank/custody
Verifying prices and income, rate of interest etc. depending upon the security being booked through Bloomberg or other market data services and provide appropriate back-ups
Reporting the issues to supervisors and seek support on an immediate basis
Performing administrative functions related to monthly closing and valuations
Developing and maintaining a solid working knowledge of the financial services industry and of all products, services and processes performed by the team
Requirements:
Ability to work regularly scheduled shifts from Monday-Friday 17:30pm to 3:30am IST
University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles
1+ year(s) of reconciliation experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades
1+ year(s) of data entry experience that required a focus on quality including attention to detail, accuracy, and accountability for your work product
1+ year(s) of experience using MS-Excel that required you to use Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting
All new hires will be required to successfully complete our Orientation/Process training classes and demonstrate proficiency of the material