SME-Reconciliation ( Hedge Fund)

clearwateranalytics; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Clearwater Analytics in Bengaluru is seeking a skilled Middle/Back-Office Analyst to support hedge fund and fund administrator client needs. You will manage reconciliations, confirmations, corporate actions, and NAV-related tasks while coordinating with fund administrators and trading counterparties.

The role requires 5–8 years of reconciliation/accounting experience, strong Excel/Word skills, and willingness to work APAC/EMEA shifts in a fast-paced environment.

Qualifications

• Experience in middle/back-office support for hedge funds, fund administrators or prime brokers.
• Experience with financial products such as structured products, MBS, CDS, IRS, TRS, bank loans, CFDs.
• Fund accounting experience is required.
• Proficient in Microsoft Excel and Word.
• Ability to multitask and work independently.
• Willing to work in shifts including APAC and EMEA.

Responsibilities

• Perform Trade Affirmations/Confirmations.
• Conduct daily middle office trades, position and cash reconciliations.
• Booking of corporate actions, option exercise/assignment.
• Daily reconciliation of Equity SWAPs, ISDA position reconciliations.
• 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 with monthly trial balance reconciliation (NAV) against fund administrators.
• Proactive break resolution and third-party communication related to breaks.

Skills

Middle-Back-Office experience

Fund Accounting

Structured Products

MBS

CDS

IRS

TRS

Bank Loans

CFDs

Excel

Word

Multi-tasking

Shift flexibility

Education

Bachelor's degree in accounting/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 Affimations/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.

5-8 years of directly applicable experience (reconciliation, accounting, or finance)