Sr Subject Matter Expert Reconciliation

Clearwater Analytics; India; On-site; INR 1,500,000 - 2,800,000; Full time

Job summary

Clearwater Analytics in India is seeking a senior Middle/Back-Office specialist to manage accounting and operational processes for a global client base. The role emphasizes proactive problem-solving, workflow design, and timely client deliverables across middle and back-office functions.

You will lead reconciliation, cash and collateral management, and shadow accounting, while coordinating with fund administrators and trading counterparties to maintain accuracy and efficiency.

Qualifications

• Experience managing a small team within middle/back-office operations.
• Knowledge of financial products like Structured Products, MBS, CDS, IRS, TRS, Bank Loans, CFDs.
• Strong fund accounting experience and attention to detail.
• Proficient in Excel and Word, with ability to handle multiple tasks.

Responsibilities

• Undergo 24-hour delivery cycles with various shifts for Outsourced MBO line of business.
• Design workflows and standards to improve client deliverables across Middle Office and Back-Office.
• Reconcile trades, positions, and cash with Prime Brokers, Custodians, and counterparties.
• Resolve breaks proactively and communicate status to fund administrators.

Skills

People Management

Financial products knowledge

Fund Accounting

Task prioritization

Shift work

Education

MBA or relevant graduate degree

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

Adapt to challenges and opportunities within the Outsourced MBO line of business, including a 24-hour delivery cycle with various shifts. Drive an enhancement of our client's experience by providing visionary guidance for the department's products and offerings. Design optimal workflows and standards for facilitating client deliverables across:

Middle Office

• Daily reconciliation of trades, positions, and cash against Prime Brokers, FCMs, ISDA Counterparties, and Custodians
• Proactive break resolution and communication for reconciliation breaks
• Responding to break resolution emails from 3rd parties T+0 trade affirmation
• Facilitating clearing and settlement of trades across asset classes
• Cash and collateral management
• Processing of corporate action events
• Processing of position lifecycle events

Back-Office

• Position, P&L, and Cash Reconciliation against Fund Administrators
• Trial Balance Reconciliations against Fund Administrators
• Booking and maintenance of non-trading accrual and expense schedules
• Break resolution and Fund Admin communication for reconciliation issues
• Shadow accounting at the fund, share class, series, and investor levels

Maintain and improve operational efficiencies across the organization Ensure the smooth, effective operation of the department including: Successful on boarding of new MBO Services clients Compliance to all accounting and operational procedures Proper daily product and service delivery Escalation and resolution of high exposure items Maintaining client satisfaction Develop and track operational KPIs for the line of business in accordance with objectives for the line of business as well as client SLAs Assist with improving and automating existing processes to mitigate risk and increase scalability Proactively monitor and manage capacity and help with forecasting in this area.

Required Skills

• People Management Experience-Should have managed a small team- 2 to 5 members
• 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

MBA preferred or relevant graduate degree from top-tier institution or similar academic / professional experience 9+ plus years minimum experience in Middle/Back-Office support role at Hedge Fund, Fund Administrator or Prime Broker

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, we encourage you to still apply! You may be just what we're looking for.