Fund Servicing Associate - OTC

Join our team to build your career in a culture that values innovation, creativity and excellence.

As a Fund Servicing Associate within the Securities Services Operations, you will be responsible for timely and accurate deliver of NAV to the FA for final release to the client. The  role  requires sound understanding of derivatives and  managing a team ensuring accurate and timely booking of trades based on instructions received from client, valuation, cash and collaterals on derivative trades based upon valuation and cash report received from the clients/Fund Managers, Market data and Economic trade data required for processing, valuation and reconciliation of our client derivatives portfolio into various 3PDP systems such as FSDV and WINS Enterprise. 

We work in a very dynamic environment and you will be expected to keep up with regular client on-boardings and technology implementations.

Job responsibilities: 

• Acquire knowledge of Derivative and Securities markets and processing environments with control. Process and validate trades, investigate and resolve trade-related breaks in accordance with the established work practices and procedures.
• Serve as first level authorizer, Verifier / QA and main contact for escalations. Respond to emails pertaining to those relationships and demonstrate ability to resolve queries quickly and accurately
• Closely work with various internal teams such as trade processing, Recon, custody and FM to resolve any exceptions on a timely manner. 
• Respond to and resolve client inquiries on a timely manner. Perform root cause analysis to increase STP and reduce client inquiries. 
• Strong understanding of Risk Management and should be able to manage the issues exceptions above materiality thresholds for resolution
• Partner with technology strategy team to help identify internal and external facing technology improvement opportunities.  Ensure all day to day queries dealt with within required SLAs and escalate issues . 
• Attend internal onshore partners meetings, usually via conference call, ensure resolution of follow up items. Partner with client service teams to help change client behavior where required to remove manual processes. 

Required qualifications, capabilities, and skills:

• Experience or working knowledge of Derivatives on OTC/ NAV Valuation / Collateral / Fund  products.
• Good background knowledge of client valuation process and all security types (Bonds, Equities, Commodities, and Indices etc) their accounting treatment and Derivative experience
• Excellent communication, interaction and influencing skills. Comfortable at interacting with and communicating to all levels of management.
• Quick learner and capable of grasping nuances of products and implications of their processing requirements.
• Partners well with peers, subordinates, managers, and LOB and functional partners (e.g., Risk, Technology, Operations, and Finance).
• Good time management and problem solving skills

Preferred qualifications, capabilities, and skills: 

• Bachelor's Degree, preferably CA/ MBA (Finance)/CFA. 
• Minimum 5 years’ experience in Financial Industry
• Knowledge on digital tool e.g Tableau, Alteryx