Associate 2

About the Role

Derivative SMEs are primarily responsible for the timely and accurate execution and reporting of derivative processing that impacts net asset valuations (NAVs) for our clients’ accounts (funds).

Key Responsibilities

• Validate and review all daily operational activities related to the CFD Reconciliation process while maintaining all required controls.
• Investigate Position, Dividend, Gain and Loss breaks, identify the root cause, and resolve the breaks.
• Support the review and validation of data, e.g., fund Net Asset Values, Positions, MTM calculations, as well as distribute information to Shared Services and Client Operations teams.
• Research and resolve exceptions, reconciliations, incorrect transactions, and issues.
• Receive and resolve inquiries in a timely and accurate manner and communicate effectively with clients when necessary.
• Escalate unresolved issues to management as required.
• Maintain appropriate records of daily and monthly activities.
• Support the production of financial, performance, and/or quality reports for clients, shareholders, directors, and management as needed.
• Maintain knowledge of current alternative procedures and processes.
• Document any updates or changes to formal procedures, databases, etc.
• Prepare and verify information for various projects or special requests as directed.
• Identify, analyze, and substantiate impacts of derivatives to the NAV.
• Process and verify all derivative activities and reflect the same in systems for downstream teams.
• Assist in addressing derivative queries and participate in various programs with derivatives requirements.
• Assist in data analysis, test performing, and new product onboarding.

Requirements & Tech Stack

• Strong analytical and problem-solving skills.
• Excellent communication and collaboration abilities.
• Proficiency in Microsoft Office suite.
• Basic understanding of regulatory frameworks.
• Strong working knowledge of Bloomberg and any other market vendor.
• Derivative SMEs possess strong risk awareness to verify potential NAV impacts issue including MTM movement, position checking and accrual verifications.
• Engage with various parties to deal with potential queries and verification of trades and cash items to ensure the integrity of the NAV.
• Spirits of self-determination and investigation are required.

Qualifications

• Degree in Commerce, Finance or MBA with relevant specialization.
• Any Certification in Financial Markets will be considered a plus.
• Considerable domain knowledge, preferably in areas of Fund accounting with good product knowledge across Equity, Fixed Income, and Derivatives.
• Team player who is diligent, attention to detail-oriented, organized.
• Candidate must exhibit a high degree of accuracy and the ability to meet deadlines.