Associate L1

Job Description

*Job Description APACJob Title:Associate/Associate L1Date:24/02/2021Department:MO- Client ImplementationLocation:ChennaiBusiness Line / Function:IFSO Middle OfficeReports to:(Direct)ManagerGrade: (if applicable)(Functional)Number of Direct Reports:NADirectorship / Registration:Position Purpose

• Working closely with various internal teams in Chennai and Sydney to execute a transition project.
• Acquire complete understanding on projects like Hiport Set Ups, Basic Portfolio Restructures, Closures, and Reconciliation.
• Acquire understanding of Fund Services, Custody & its related functions with various parties involved. For example : Pricing, Corporate Actions, Coupons and Registry, etc.
• Should closely work with project managers and ensure timely completion of the respective transition projects.
• Should participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.

ResponsibilitiesDirect Responsibilities

• Mail box Management
• Ensure every assigned mail is actioned within the expected timeframe with accurate and completely details
• Escalate when unable to action an email within the stipulated time frame.
• Ensure the email conversation meets the standard email etiquettes and is well articulated.
• Hiport setup /Closures / Transitions
• Ensure the checklist and timeline is followed to perform the transition
• Attend the transition calls and ensure to have adequate knowledge on transition and seek clarification where ever require with the Controller or planner
• Ensure four eye validation is submitted only to the Controllers / AM s for the respective transition
• Ensure to follow up on the FA sign off, and update Intellisuite commentary for any transition related breaks
• Highlight any escalation / issues / concerns immediately to the Controllers / AM s
• All DMS/FAX instruction are completed and closed on time and necessary comments should be added on daily basis.
• Ensure all Cash, Asset and IM breaks are commented with proper commentary, ensuring it is updated on Daily Basis until it is resolved.
• Residual and Closure Management. Ensure to update the residual and closure log before if it sent to the Onboarding team.
• Ensure to populate the recent and correct commentary for the respective logs
• Chase internal team regularly for updates on the open items

Contributing Responsibilities

• Acquire complete understanding on projects like Hiport Set Ups, Basic Portfolio Restructures, Closures, and Reconciliation.
• Acquire understanding of Fund Services, Custody & its related functions with various parties involved. For example : Pricing, Corporate Actions, Coupons and Registry, etc.
• Should closely work with project managers and ensure timely completion of the respective transition projects.
• Should participate in all the stakeholders meeting and ensure complete understanding of the project as per the client requirement.
• Should ensure all the cash / stock movement are completed within the stipulated cut offs to ensure the unit pricing of the fund are not affected.
• Should ensure Preliminary Analysis is performed for the projects and highlight any issues to the project managers
• Analyst should ensure that all the activities as per the checklist are completed and documented for audit requirement.
• Be proactive in resolving queries and escalate immediately to the supervisor on any issues/queries/escalations.
• Carry out other ad-hoc duties, which may arise from time to time as per the client requirements.

Technical & Behavioral Competencies

• Basic understanding of Capital market, Financial Instruments, Investment banking processes and accounting.
• Good verbal and written communication.
• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
• Ability to work independently, as well as in a team environment, prioritizes multiple tasks and meets strict deadlines.
• Proficient in Microsoft Office Applications and strong MS Excel skills required.
• Candidates should be willing and flexible to work in any shifts.

Specific Qualifications (if required)Skills Referential Behavioural Skills: (Please select up to 4 skills)Choose an item.Choose an item.Choose an item.Choose an item.Transversal Skills:(Please select up to 5 skills)Choose an item.Choose an item.Choose an item.Choose an item.Choose an item.Education Level: Master Degree or equivalent Experience LevelAtleast 1 yearOther/Specific Qualifications (if required)

• Willing to work in New Zealand and Australian time zone
• Good communication skills.

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Keyskills :
compatibility testingfinancial instrumentsbasisaccountingfund servicesinvestment bankinganalytical skillscomparison shoppingcash managementunit pricingbloombergcashderivatives