Northern Trust Hiring for Hedge Fund Services Fixed Asset & Alternatives & GIS at   Pune, Bangalore Full Time

Business : Global Hedge Fund Administrator (Pune / Bangalore)

Role Description:

The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds. This individual will have a strong technical Accounting background; experience working within the Financial Services industry. The position within Middle Office and Operations teams involves understanding of various investment instruments like Derivatives, Swaps, CFDs, Repos, Equities, Fixed Income Products and Alternative assets; Options, Futures, performing daily reconciliation of transactions, security positions, cash for all trading activity generated by clients, analyse P&L, MTM and collateral checks.

Accountabilities:

• Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role
• Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled
• Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties
• Reports to TL/ Section Manager

Middle Office Teams

Fixed Income and Alternative Assets

• Understanding of day to day operational activities of Alternative assets & Private securities, both private equity & private fixed income, Trade processing and notice affirmation and confirmations.
• Analyze and identify discrepancies between client’s position and clearing agents with good troubleshooting skills , resolve discrepancies in a timely and efficient manner by following with various parties involved.
• Reconciliation to ensure all the activities processed are correct and break resolution as necessary.
• Relationship Management
• Fund closures and collapsing any open positions.
• Understanding of pricing and valuations of the portfolio.
• Account Maintenance and reconciliation to ensure all the activities processed are correct and break resolution as necessary

GIS

• Timely and accurate setup of accounts/Mapping/Groups/Divisions etc as per the requests raised by the dependent teams.
• Testing various setup’s before client onboarding
• Resolving various queries raised by end user and interface with IT and developers to resolve them.

QUALIFICATIONS / SKILLS / EXPERIENCE :

• Experience in Financial Services environment, preferably, with experience in Derivatives and Middle Office functions
• Experience with Hedge Funds, Investment Management and/or Financial Services strongly preferred.
• Bachelor’s degree with emphasis in Accounting, Finance or a quantitative discipline. Masters’ degree would be an advantage.
• Business exposure to Equity or Credit or at least some complex derivative products like CDS, IRS, TRS & other OTC products.
• Knowledge of financial products like, Equity, Derivatives, Repo, Futures and Options ,Fixed Income and Alternative assets etc

Years of exp: 2-9 years

Shit Time : 6.30 PM to 10.30PM Login window See Less