Reconciliation Associate

Clearwater Analytics; Bengaluru; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Clearwater Analytics in Bengaluru seeks a Fund Services professional to support middle and back-office operations for a global client base, coordinating with fund administrators and trading counterparties. You will manage accounting and operational processes across multiple funds with accuracy and timely communication.

Responsibilities include trade confirmations, daily reconciliations, NAV-related tasks, corporate actions, and P&L tracking.

Qualifications

• Experience in middle/back-office support for hedge funds, fund administrators or prime brokers.
• Familiarity with structured products and derivatives (MBS, CDS, IRS, TRS, bank loans, CFDs).
• Strong fund accounting background and reporting discipline.
• Proficient in Microsoft Excel and Word for daily tasks and analyses.
• Ability to manage multiple tasks and work independently.
• Willingness to work APAC/EMEA shift rotations.

Responsibilities

• Perform trade affirmations/confirmations.
• Execute daily middle office trades, positions and cash reconciliations.
• Book corporate actions and option exercise/assignment.
• Reconcile Equity SWAPs, ISDA positions.
• Month-end booking of stock borrow and swap financing P&L at position level.
• Daily reconciliation of position, P&L and cash balances.
• Set up and book non-trading accruals and expenses.
• Shadow fund accounting and NAV reconciliation with fund administrators.
• Proactive break resolution and third-party communications.

Skills

Middle/Back-Office experience

Structured Products & derivatives

Fund Accounting experience

Excel & Word proficiency

multitasking & independence

APAC/EMEA shift work

Education

Bachelor's degree in accounting, Finance, Business, Mathematics or related field

1+ year directly applicable experience (reconciliation, accounting, finance)

Job description

Job Summary

In this role, you will be part of a talented and efficient Fund Services team that works on mission-critical projects within middle and back-office operations. You will manage various accounting and operational processes on behalf of our global client base while maintaining transparent communication with our clients and their fund administrators and trading counterparties.

Job Summary

In this role, you will be part of a talented and efficient Fund Services team that works on mission-critical projects within middle and back-office operations. You will manage various accounting and operational processes on behalf of our global client base while maintaining transparent communication with our clients and their fund administrators and trading counterparties.

Responsibilities

• Perform Trade Affirmations/Confirmations
• Perform daily Middle office Trades, Position and Cash Reconciliations
• Booking of corporate actions, Option Exercise/assignment
• Daily reconciliation of Equity SWAPs, ISDA position recs,
• Month end booking of Stock borrow and Swap financing P&L at position level
• Daily Reconciliation of Position, P&L and Cash balances
• Set up and booking of non-Trading accruals and expenses
• Shadow Fund Accounting - Monthly Trial Balance reconciliation (NAV) against Fund Administrators
• Proactive break resolution - 3rd party communication related to break resolution

Required Skills

• Experience in Middle/Back-Office support role at Hedge Fund, Fund Administrator or Prime Broker
• Should have worked with various financial products such as Structured Products, MBS, CDS, IRS, TRS, Bank Loans, CFDs etc.
• Fund Accounting experience
• Proficient in the use of Microsoft Excel and Word
• Ability to handle and prioritize multiple tasks and work independently
• Willing to work in shifts including APAC and EMEA

Education And Experience

• Bachelor's degree in accounting, Finance, Business, Mathematics, Sciences, or another related field.
• 1+ years of directly applicable experience (reconciliation, accounting, or finance)