BPO Trade Settlement Senior Representative

NTT DATA, Inc.; Gurugram District; On-site; INR 450,000 - 650,000; Full time

Job summary

NTT DATA, Inc. is seeking a Reconciliation Sr. Representative in Gurgaon to perform end-to-end cash reconciliation, review variances, and liaise with banks and custodians.

The role requires 3+ years of finance principles, reconciliation experience, and strong Excel skills. Training will be provided, with an evening to night IST shift from 17:30 to 3:30. Candidates should have a finance/accounting degree and at least one year of data entry experience, delivering accurate, timely results in a

Qualifications

• Ability to work regularly scheduled shifts from Monday-Friday 17:30 IST to 3:30 IST.
• University degree or equivalent that required 3+ years of formal studies in Finance/Accounting principles.
• 1+ year of reconciliation experience for financial instruments, capital markets life cycle of trades.
• 1+ year of data entry experience with focus on quality, accuracy.
• 1+ year of experience using MS-Excel with formulas, tables, formatting, charts, pivots.
• All new hires will complete Orientation/Process training and demonstrate proficiency.

Responsibilities

• Performing daily end to end cash reconciliation activities including analysis and recording transactions.
• Identify reasons for variances in cash/assets through bank & custody statements and other data.
• Interact with internal teams, bank, custody and advisors for missing trades and actions.
• Follow up on pending transactions or incorrect bookings with trade team/bank/custody.
• Verify prices and income and report issues to supervisors for immediate support.
• Support monthly closing and valuations with administrative tasks.
• Develop and maintain knowledge of financial services industry and team processes.

Skills

Reconciliation experience

Data entry

attention to detail

MS Excel

Education

Finance/Accounting degree

Tools

MS Excel

Job description

Company

NTT DATA Services is a top 10 global services company and part of the NTT Group, a Fortune 29 telecommunications and services company based in Japan. We operate with 60,000 professionals in 36 countries. Every day around the world we help clients explore new ways to respond to market dynamics with flexibility and speed, reduce costs with less risk, and increase productivity to enable growth.

BPO Team

For more than 30 years, our Business Process Outsourcing (BPO) team has implemented the processes and technologies for our clients that bring about real transformation for customers of all sizes. Our end-to-end administrative services help streamline operations, improve productivity and strengthen cash flow to help our customers stay competitive and improve member satisfaction.

Opportunity

Our client is a leading global provider of asset and wealth management solutions. They provide investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth.

This team is currently seeking “Reconciliation Sr. Representative” to join our team in Gurgaon.

Role 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

Requirements

• Ability to work regularly scheduled shifts from Monday-Friday 17:30pm to 3:30am IST.
• University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles
• 1+ year(s) of reconciliation experience for financial instruments (equities, fixed income, and derivatives), operation of capital markets, and life cycle of trades.
• 1+ year(s) of data entry experience that required a focus on quality including attention to detail, accuracy, and accountability for your work product.
• 1+ year(s) of experience using MS-Excel that required you to use Formulas, Tables & Formatting, Conditional Formatting, Charting, Pivot tables & Pivot Reporting.
• All new hires will be required to successfully complete our Orientation/Process training classes and demonstrate proficiency of the material.