Associate Level 1

ASSOCIATE LEVEL 1 (JOB NUMBER: HFS000068)

Job Title:


Associate Level1


Date:


Department:


IFSO


Location:


Mumbai


Business Line / Function:


HFS


Reports to:

(Direct)


Assistant Manager


Grade:

(if applicable)


(Functional)


Number of Direct Reports:


NA


Directorship / Registration:


Position Purpose


Independent delivery of accurate and timely NAVs for hedge funds.


Responsibilities


Direct Responsibilities

Independent delivery of accurate and timely NAVs for hedge funds – with higher volume and complexity (having equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks
Income reconciliation (dividends and interest)
Manual Pricing and Pricing review
P&L review and Tolerance checks
Fees accrual, management and performance fee calculation and booking
Capital bookings and reconciliation with Investor services system reports
TB tie out and compiling NAV pack
Contributing Responsibilities

Delivery on audit requests and resolution of all queries on a timely basis
Participation in system development projects, process change projects, etc.
Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
Compliance with all internal organizational and business policies

Technical & Behavioral Competencies


Hedge fund accounting or hedge fund reconciliation experience (understanding of process and business required).
Good understanding and ability to apply basic accounting principles.
Should have working knowledge of asset classes like equities, bonds, futures, options and swaps.
Experience on Advent Geneva system would be preferred – an added advantage.
Decent experience on Microsoft Excel – Pivots, financial functions, etc.

Specific Qualifications (if required)


Graduation/Post Graduation

Skills Referential



Behavioural Skills: (Please select up to 4 skills)


Communication skills - oral & written


Adaptability


Ability to collaborate / Teamwork


Active listening


Transversal Skills: (Please select up to 5 skills)


Ability to understand, explain and support change


Analytical Ability


Ability to develop and adapt a process



Ability to develop and leverage networks


Ability to inspire others & generate people's commitment


Education Level:
Bachelor Degree or equivalent


Experience Level


At least 1 year



Primary Location
: IN-MH-Mumbai
Job Type
: Standard / Permanent
Job
: OPERATION PROCESSING
Education Level : Bachelor Degree or equivalent (>= 3 years)
Experience Level : At least 1 year
Schedule
: Full-time