BPO Trade Settlement Analyst

NTT DATA, Inc.; Gurugram District; On-site; INR 500,000 - 800,000; Full time

Job summary

A global technology services company is seeking a professional for account reconciliation in Gurugram, India. This role focuses on daily cash reconciliation and requires interaction with various teams and financial entities. Candidates should have a solid understanding of the financial services industry, performing specific tasks related to transaction analysis and support. This position offers the chance to work within a dynamic environment, contributing to the efficiency of financial operations.

Responsibilities

• Perform daily end-to-end cash reconciliation activities that include analysis and transaction recording.
• Identify reasons for variances in cash/assets through bank and custody statements.
• Interact with internal teams, banks, and advisors for missing transactions.
• Follow up on pending transactions with the trade team and banks.
• Verify prices and income depending on securities using market data services.
• Report issues to supervisors and seek immediate support.
• Perform administrative functions related to monthly closings and valuations.
• Develop knowledge of the financial services industry and team processes.

Job description

Role Description

The primary goal is to perform account reconciliation for the client across multiple portfolios.

Responsibilities

• Performing daily end‑to‑end cash reconciliation activities that includes conducting analysis and recording transactions.
• Identifying reasons for variances in cash/assets through bank & custody statements and other supporting data.
• Interacting with designated internal teams, bank, custody, and advisors for missing trades/corporate actions/other transaction items.
• Following up on actions for pending transactions/incorrect booking with trade team/bank/custody.
• Verifying prices and income, rate of interest etc. depending upon the security being booked through Bloomberg or other market data services and providing appropriate back‑ups.
• Reporting the issues to supervisors and seeking support on an immediate basis.
• Performing administrative functions related to monthly closing and valuations.
• Developing and maintaining a solid working knowledge of the financial services industry and all products, services and processes performed by the team.