Hiring for State Street HCL is Hiring for Experts in Hedge Funds Reconciliation! Chennai, Coimbatore for Exp. 3 - 7 Years at HCL Technologies Limited.
Esteemed client of Orion TrueTech Services India Chennai, Tamil Nadu, India
Oct 10, 2017Full time
Job Description:At least 3 - 5 years of experience in (Investment Banking) Hedge Fund, Capital markets, Fund Accounting in the reconciliation side. Reconciliation experience is must with a sound knowledge break clearance. Candidate should have worked on Cash/Position/Market Value/Corporate action & other streams of Recons Hedge fund Reconciliation activity for Cash, Cost, and Position & Long-term & Short-term Gain/Loss Realization for the individual portfolio. Reconciliation of Dividend & Market Valuation of the portfolio during month-ends for the fulfillment of calculation of GAV & NAV. Good domain skills in the reconciliation processes especially pertaining to market value recon, transaction and cost recon. Monthly GAV/NAV Package Market Value Reconciliation, Expense Accounting including Management Fee, Admin Fee and Incentive Fee, Dividend Accrual Reconciliation, Bond Coupon Accrual Reconciliation, Confirming Trial Balance ledgers tie-up with various sub-ledgers, Cost Roll Forward, Monitoring Capital Activity, Generating Statement of Allocation to Investors based on contribution. Candidate should be having sound knowledge on matching process & should be able to suggest & advise on matching rules & improvements Comprehensive knowledge on Research & resolution on all recon breaks such as trade break/Corporate action breaks & other product related breaks Candidate should be able to identify & report the process risks in the recon process Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS) and Contract for Difference (CFD Swaps). Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities. Bookings of Equities, Futures, Options, CFD, Fixed-Income, ABS/MBS ,Spots & Forwards and settling the same in its due settlement into the accounting system as per broker. Candidates with previous experience in reviewing NAV package would be given weightage Candidates with Knowledge on Recon applications such as Geneva/Recxpress/TLM would be preferred Work Location: Chennai/ Coimbatore Position: Specialist Interview Date: 7th Oct, 2017 (Saturday) Interview Time: 10 AM - 3 PM Interview Venues: Chennai: HCL Technologies Ltd, Business Services WSS Towers, 1st Floor, No.107 & No.108, Harris Road, Near Casino Theatre, Chennai 600002. Contact Person: Deepak Coimbatore: State Street HCL Services, Module - 201, 202, 203 2nd Floor, Tidelpark Coimbatore Limited, Coimbatore - 641014 Contact Person: Vikram Regards, TAG Team