BPO Trade Settlement Senior Associate

NTT DATA, Inc.; Gurgaon; On-site; INR 300,000 - 420,000; Full time

Job summary

NTT DATA, Inc. in Gurgaon, India, is seeking an Account Reconciliation Analyst to perform daily end-to-end cash reconciliation across multiple portfolios. You will analyze variances, validate transactions, and collaborate with bank, custody, and trade teams to resolve discrepancies.

The role includes monthly closings and valuations administration and building solid knowledge of financial services products and processes; Bloomberg may be used for price verification.

Qualifications

• Experience in financial services reconciliation processes.
• Familiarity with cash, securities, and trade settlements.
• Ability to work with cross-functional teams.

Responsibilities

• Perform daily end-to-end cash reconciliation across portfolios.
• Identify variances in cash/assets using bank and custody statements.
• Coordinate with bank, custody, advisors to resolve missing trades and actions.
• Follow up on pending transactions and incorrect bookings with trade/bank/custody teams.
• Verify prices, income, and interest rates using Bloomberg or market data services.
• Support monthly closing and valuations; report issues to supervisors.
• Develop working knowledge of financial services products and processes.

Skills

Account reconciliation

Cash flow analysis

Attention to detail

Tools

Bloomberg

Job description

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 provide appropriate back-ups.
• Reporting the issues to supervisors and seek 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 of all products, services and processes performed by the team