Northern Trust Hiring for Hedge Fund Services Knowledhe Management & Controllers 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

Knowledge Management

• Set-up of various financial instruments which would include equities, fixed income, derivatives, privates, OTC products etc. into the system by following different external sources of information like Bloomberg, Reuters and client instructions and checking various contracts involved.
• Checking out of various exceptions in different security set-ups and fixing the same and creation and maintenance of securities that are being created.
• Reviewing various corporate actions on different third party sources to ensure the static data is up to date and following up with various shared service requests and ensuring the timely completion of the same and developing action plans for resolution of outstanding issues.

Controllers (Non Trade Operations)

• Non trade processing and cash transfers ;fund closures and collapsing any open positions and good understanding of overall trade and settlement procedures.
• Reconciliation to ensure all the activities processed are correct and break resolution as necessary, understanding of complex Money Market trades and posting/reconciling same and identifying discrepancies between client’s position and clearing agents with good troubleshooting skills.
• Minimize risks associated with breaks and position mismatches, understand the settlement of cash flows associated with various financial instruments.

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