Reconciliation Associate - Fund Services

Clearwater Analytics India Private Limited; Bengaluru; On-site; INR 450,000 - 650,000; Full time

Job summary

Clearwater Analytics India Private Limited is seeking a Reconciliation Associate to support middle and back-office operations for a global client base. You will manage various accounting and reconciliations, ensuring clear communication with clients and fund administrators.

The role requires experience in middle/back-office, knowledge of financial products, and ability to work across APAC/EMEA shifts. Bachelor's degree in accounting/finance is preferred, with 1+ year of relevant experience.

Qualifications

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

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.

Skills

Middle/Back-Office experience

Microsoft Excel

Microsoft Word

Multitasking

Shift work (APAC/EMEA)

Structured Products

MBS

CDS

IRS

TRS

Bank Loans

CFDs

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

Microsoft Excel

Microsoft Word

Job description

Reconciliation Associate 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)

Experience Level Mid Level