Reconciliation Associate

Enfusion Softech India Pvt Ltd; Bengaluru; On-site; INR 800,000 - 1,100,000; Full time

Job summary

Clearwater Analytics is seeking a Fund Services professional to join our Bangalore-based team, supporting middle and back-office operations for a global client base. You will handle accounting and operational processes and liaise with fund administrators and trading counterparties.

The role requires knowledge of hedge funds, fund accounting, and various financial products, with a focus on accuracy, communication, and the ability to work APAC/EMEA shifts.

Qualifications

• Experience in middle/back-office support in hedge funds or fund admin.
• Knowledge of structured products and other financial instruments.
• Hands-on fund accounting experience.
• Proficient in Excel and Word for reporting and analysis.
• Able to multitask and work independently.
• Willing to work APAC and EMEA shifts.

Responsibilities

• Perform Trade Affirmations/Confirmations
• Daily Middle office Trades, Position and Cash Reconciliations
• Booking of corporate actions, Option Exercise/assignment
• Daily reconciliation of Equity SWAPs, ISDA position recs etc.
• 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)
• Proactive break resolution - 3rd party communication related to break resolution

Skills

Middle/Back-Office experience

Financial products knowledge

Fund Accounting

Microsoft Excel

Microsoft Word

Task prioritization

APAC/EMEA shifts

Education

Bachelor's degree in accounting, Finance, Business, Mathematics, Sciences

1+ years experience in reconciliation, accounting, or finance

Tools

Microsoft Excel

Microsoft Word

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.

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)

About the Company

Thank you for your interest in a career with Clearwater! Clearwater Analytics (NYSE: CWAN) is transforming investment management with the industry’s most comprehensive cloud-native platform for institutional investors across global public and private markets. While legacy systems create risk, inefficiency, and data fragmentation, Clearwater’s single-instance, multi-tenant architecture delivers real-time data and AI-driven insights throughout the investment lifecycle. The platform eliminates information silos by integrating portfolio management, trading, investment accounting, reconciliation, regulatory reporting, performance, compliance, and risk analytics in one unified system.

Serving leading insurers, asset managers, hedge funds, banks, corporations, and governments, Clearwater supports over $8.8 trillion in assets globally. Learn more at www.clearwateranalytics.com.

Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. We are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with the job description,