Wealth Management Specialist (No finance, or accounting)

Mutual Fund Income

• Experience of working in Wealth Management/ Investment Banking domain
• Good knowledge of all types of Mutual Funds such as Unitised, Private Equity, Monthly series and daily and monthly funds etc.
• Should have knowledge of the Mutual Fund income cycle
• Knowledge and experience of Income pre-balancing and posting tasks
• Hands on experience around Mutual Fund Income, equalisation and required documentation.
• Should understand the risk around Mutual Fund Income process.
• Experience of reconciling internal books/ accounts with Transfer agents/ Custodians and Third Party IMs.
• Good knowledge of MS Excel is required.
• Candidate should have exposure around audits (internal and external) and strong understanding around Risk and Control framework.
• Ability to work independently within strict deadlines and SLAs
• Experience of handling Client queries in timely manner
• Experience of implementing automation/ transformation ideas/ initiatives is desirable
• Experience of applications like Trust Desk, Addvantage would be an added advantage

Pension Payments

• Experience of working in Wealth Management/ Investment Banking domain
• Should have knowledge and Experience on setting up, maintaining and payments for Pension payments
• Experience on Cash processing and exception clearance for impacted entries is desirable.
• Experience of reconciling internal books/ accounts with Transfer agents/ Custodians and Third Party IMs.
• Must have an understanding of the risks involved in cash processing/ movements.
• Should have hands exposure in instructions like, ACH, Check, Wire, etc.
• Experience of working under strict deadlines & SLAs to meet the processing window deadline.
• Knowledge and experience of handling exceptions & posting transactions on accounting & custody book
• Candidate should have exposure around audits (internal and external) and strong understanding around Risk and Control framework.
• Good knowledge of MS Excel is required.
• Ability to work independently within strict deadlines and SLAs
• Experience of handling Client queries in timely manner
• Experience of implementing automation/ transformation ideas/ initiatives is desirable
• Experience of applications like Trust Desk, Addvantage would be an added advantage

Income

• Experience of working in Wealth Management/ Investment Banking domain - Income Processing / Corporate Actions is desirable
• Strong understanding of financial products like Equities, Bonds, Mutual Funds, MBS, SWAPS etc.
• Experience on pre-balancing of income payments (interest, dividends, maturities etc.) with sound understanding of flow of cash from custody to broker to client.
• Reconciliation & Reporting: Perform daily/monthly reconciliations of income interest accounts.
• Experience in ADR Operations Management: Handle end-to-end ADR income interest lifecycle, including data validation, payment processing, and exception handling would be an added advantage
• Experience of communicating with Custodians, depositories, and counterparties for income distribution
• Knowledge of Income Entitlement , pre-balancing / reconciliation experience is desirable.
• Knowledge of Trade Settlements Lifecycle and Accruals would be added advantage
• Understanding of post-balancing activities such as clearing out of balances, following up with custodians regarding income discrepancies and handling income claims from counter-parties.
• Experience of identifying and resolving exceptions & posting Income transactions on accounting & custody books is desirable.
• Ability to work independently within strict deadlines and SLAs
• Experience of handling Client queries in timely manner
• Good knowledge of MS Excel is required.
• Candidate should have exposure around audits (internal and external) and strong understanding around Risk and Control framework.
• Experience of implementing automation/ transformation ideas/ initiatives is desirable
• Experience of applications like Trust Desk, Addvantage would be an added advantage

Fund Accounting

• Experience of calculating and validating Net Asset Values of the Mutual funds, Pension Funds on a daily/Monthly/periodic basis.
• Experience in Preparing Cash/Position/Market Value Reconciliations and resolving breaks.
• Exposure to validation of pricing of the portfolio and analyzing the pricing exceptions if any.
• Hands on and Should be able to validate independently

• Corporate actions booked in the system
• Dividends/Interest Reconciliation with Broker reports
• Accruals/amortization of daily or monthly non-security related Fee accruals including management fees and financing accruals.
• Capital Activities of the fund.

• Review and validate OTC transactions booked in FA books.
• Experience in independently Finalizing the daily and periodic NAVs of the Funds & Distributions
• Demonstrated experience in managing and supporting Audits for funds in the preparation of financial statements.
• Good knowledge of MS Excel is required.
• Candidate should have exposure around audits (internal and external) and strong understanding around Risk and Control framework.
• Experience of implementing automation/ transformation ideas/ initiatives is desirable
• Experience of applications like Trust Desk, Addvantage would be an added advantage