Fund accounting - Offshore Depositary Operations Specialist

VISTRA; Mumbai; Hybrid; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Hybrid working

Insurance benefits

Career prospects

Job summary

Vistra is seeking an Offshore Depositary Operations Specialist to support the Vistra Luxembourg depositary function in the alternative investment fund space.

The role is based in Indore/Mumbai, India, and reports to the Luxembourg depositary management team. This is a full-time permanent position with regional coverage and a hybrid working arrangement.

Qualifications

• Understanding of fund servicing, securities operations or investment operations environments.
• Experience with transaction processing, reconciliations and operational support activities.
• Familiarity with outsourced operating models and control frameworks.

Responsibilities

• Provide operational and administrative support under Luxembourg depositary management.
• Perform depositary processes, reconciliations and data validation.
• Prepare operational reports and maintain audit trails.
• Record asset movements and support settlement lifecycle activities.
• Ensure records are complete and compliant with procedures

Skills

Fund servicing understanding

Transaction processing

Reconciliations

Reporting

Documentation

Communication skills

Attention to detail

Organizational skills

Governance awareness

Education

Bachelor's degree in Finance/Accounting/Business Administration/Economics

Tools

Fund accounting platforms

Custody platforms

Reconciliation systems

Job description

It’s never been a more exciting time to join Vistra.

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction.

But progress only happens when people come together and take action. And we’re absolutely committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as Offshore Depositary Operations Specialist (Supporting Vistra Luxembourg Depositary Function) Financial Services based in our Vistra International Expansion (India) Private Limited. reporting to the Vistra Luxembourg depositary management team this full-time and permanent position is based in Indore/ Mumbai, India and offers regional coverage, allowing you to make a significant impact to our GSC operations department and its’ growth.

Key responsibilities:

• We are seeking an Offshore Depositary Operations Specialist to support the operational activities of Vistra Luxembourg depositary function operating within the alternative investment fund industry.
• The successful candidate will provide operational and administrative support services under the direction and oversight of the Vistra Luxembourg depositary management team. The role requires strong operational discipline, attention to detail and experience in financial services operations within a controlled outsourcing environment.
• Perform operational support activities relating to depositary processes and workflows
• Assist with reconciliations, data validation, and workflow monitoring
• Prepare operational reports and management information for Luxembourg teams
• Maintain accurate records, documentation and audit trails
• Track exceptions and track operational issues, discrepancies and data quality concerns in line with procedures
• Perform transaction processing and booking in the depositary tool based on validated instructions and predefined procedures
• Record asset movement information in line with approved operational processes
• Support reconciliation of booked transactions and related supporting records
• Identify and report booking discrepancies, unmatched items and operational inconsistencies for Luxembourg review
• Support settlement lifecycle processing and related follow-up activities
• Ensure completeness and accuracy of operational records and documentation
• Provide administrative support relating to recordkeeping and ownership verification processes performed under Luxembourg oversight
• Assist in the preparation and reporting of potential investment restriction exceptions for review by Luxembourg teams
• Prepare supporting documentation and control evidence for Luxembourg teams
• Support KPI/KRI reporting and preparation of management information for Luxembourg governance purposes
• Operate in accordance with outsourcing procedures, internal policies and governance standards
• Comply with confidentiality, data protection and operational resilience requirements
• Support internal and external audits and oversight review activities

Key requirements

• Understanding of fund servicing, securities operations or investment operations environments
• Experience with transaction processing, reconciliations and operational support activities
• Familiarity with outsourced operating models and control frameworks
• Strong reporting and documentation capabilities
• Proficiency with fund accounting, custody, reconciliation or operational processing platforms
• Good communication and adaptation skills
• Strong attention to detail and process discipline
• Good organization and analytical skills
• Ability to work within structured governance frameworks
• Strong communication and escalation discipline
• Ability to collaborate effectively with Luxembourg-based management and oversight teams
• 2-5 years of experience in:
• fund administration
• fund accounting
• or financial services operations
• Experience supporting Luxembourg or European fund structures is preferred
• Exposure to alternative investment funds is considered an advantage but is not mandatory
• The role operates under delegated authority within an outsourced operating model.
• The successful candidate will:
• perform operational and administrative support activities only,
• follow Luxembourg approved procedures and escalation protocols,
• operate under the oversight and supervision of the Luxembourg depositary management team.
• Regulatory responsibility, depositary oversight, control ownership and final decision-making remain with Vistra Luxembourg. The role does not include regulatory oversight, investment compliance decision-making, ownership validation approval or any function requiring depositary judgment.
• Bachelor’s degree in Finance, Accounting, Business Administration, Economics or related discipline

Company Benefits:

At our Vistra India office, we believe in putting our employees’ well-being first! We offer a hybrid working arrangement.

Additionally, we provide attractive insurance benefits, excellent job exposure and career prospects.