Sr Cash Analyst

56672 Ameriprise India LLP; Greater Noida; Hybrid; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

In-office collaboration

Hybrid work model

Equal opportunity employer

Job summary

Ameriprise India LLP seeks an experienced finance operations professional to manage timely cash reconciliation and reporting for portfolio management teams. You will interact with Portfolio Managers and assistants to provide overdraft monitoring and support, including reconciliations in Aladdin and collaboration with risk, compliance, and product teams.

You will work across Trade Management and Derivatives, helping with cash flows, NAV impacts, and regulatory requirements.

Qualifications

• MBA-Finance and B.Com/BBA with 3+ years of work experience.
• Ability to work independently and with cross-functional teams.
• Understanding of equities, fixed income, and money market products, NAV impacts and regulatory requirements.
• Strong understanding of financial markets and investment operations in asset management environments.

Responsibilities

• Perform reconciliations and cash posting on Aladdin with custodian and accounting records.
• Publish cash reports on Aladdin for Portfolio Managers and Assistants per SLAs.
• Monitor overdraft notifications and resolutions for Portfolio Managers.
• Support for time deposits rolls and cash-related questions with PM teams.
• Identify and resolve reconciliation differences between custodian, accounting, and Aladdin.
• Provide coverage for operations across teams during peak periods.
• Assist in projects for Product, Sales, Compliance, and other departments.

Skills

MBA-Finance

B.Com/BBA

Independent work

Cross-functional

Asset management

Analytical skills

Education

MBA-Finance and B.Com/BBA

Tools

Python

SQL

Power BI

Excel

Aladdin

Job description

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Job Description

Ensure timely and accurate cash reconciliation and reporting for the Portfolio management teams. Interact with Portfolio Managers and Portfolio Manager Assistants to provide overdraft monitoring and notification to these teams. Cross train and be multi-skilled in a variety of functions covering Trade Management (including Share Class Hedging processes) and Derivatives, so as to provide broader operational supplementation.

Key Responsibilities

• Perform reconciliations and cash posting on Aladdin, which involves reconciling custodian and accounting records to the Aladdin application.
• Publish cash reports on Aladdin for Portfolio Managers and Portfolio Manager Assistants by agreed upon SLAs.
• Monitor and notify Portfolio Managers and Portfolio Manager Assistants of overdraft notifications and resolution.
• Process time Deposit rolls.
• Work with Portfolio Management teams to resolve any actual and projected cash related questions.
• Research and resolve reconciliation differences between custodian, accounting, and the Aladdin application.
• Perform position reconciliations of holdings for cash sweeps, comparing balances to the cash balances.
• Provide coverage for operational processing activity across other Investment Operations teams during peak periods.
• Provide support for various projects for the Product and Sales teams, along with Compliance and other departments.
• Ensure procedures and controls are followed to prevent errors and delays.
• Provide expertise for testing of systems, generate ad-hoc reports, and assist in miscellaneous projects, as needed, for enhancements or regulatory requirements.

Required Qualifications

• MBA-Finance and B.Com/BBA with 3+ years of work experience.
• Ability to work independently, as well as collaborate with cross-functional teams.
• Understanding of: Equities, Fixed Income, and Money Market products, Portfolio cash flows, Corporate actions, Fund accounting, NAV impacts, Regulatory and compliance requirements.
• Strong understanding of financial markets and investment operations is highly desirable in asset management environments.

Preferred Qualifications

• Experience on Investment accounting or Cash Reconciliations.
• Strong Excel skills (Pivot Tables, Power Query, VBA preferred)
• Experience with trading tools, like Black rock Aladdin.
• Technical skills - Python, SQL, Power BI, Power automate tools.
• Stakeholder management
• Process improvement and automation mindset
• Risk identification and control focus
• Strong analytical and problem-solving abilities
• Ability to lead projects and mentor junior analysts
• Excellent communication and presentation skills.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders.

Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Full time Timings (8:15a-4:45p)

India Business Unit AWMPO AWMP&S President's Office Job Family Group Mutual Fund Operations

Equal Opportunity Employer

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

About Ameriprise Financial

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers: Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.

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