Role Description
- Key responsibility is to research, resolve and settlement of failing trades.
- Check the trade status and pull-out the failing trades.
- Find out the reason for trade fail and take necessary action (Reason: No Stock or Not instructed).
- Co-ordinate with the oversight team and client in case for discrepancy and get the appropriate resolution. (Via e-mail).
- Ask the involved parties to amend the changes and ensure settlement of trade within TAT.
- Reconciliation of the custody books with accounting books.(ETD)
- Resolve and confirm the breaks with brokers.
- Ensure accurate reconciliation and resolution within defined TAT.
- Define and ensure successful completion of ad-hoc requests.
- Update the E-checklist for activities performed on daily basis.
- Ensure adherence to SOPs.
- Address all incoming queries and respond within TAT (Turn-around-Time).
- Adhere to company policies and ethics of business.
Qualifications
- Bachelor’s degree with understanding of Accounts, Finance & Capital markets, Reconciliation.
Desired Skills and Competencies
- Associate-Min 1 year of relevant experience in Trade Settlements/Bank reconciliations/Data Analysis/Financial Audits/Derivatives/Bonds/Equities/Fixed Income/Mutual Funds/Pension funds & Cash.
- Good understanding of finance and accounting concepts.
- Advanced Excel like V Look Up, Pivot Table would be benefited.
KPO Mail to: