Alternative Operations Reconciliations, Associate 2

Job Description

Role Overview:You will be joining the State Street Global Delivery (GD) team, which provides asset owners and managers with essential financial tools to deliver effective investment solutions. Your role will involve daily cash and position reconciliation between funds and brokers, hedge fund reconciliation activities, reconciliation of dividend & market valuation of the portfolio, and other reconciliation tasks to ensure accurate financial calculations.Key Responsibilities:- Daily Cash and Position Reconciliation between fund and Broker- Hedge fund Reconciliation activity for Cash, Cost, and Position- Reconciliation of Dividend & Market Valuation of the portfolio during month-ends for the fulfillment of calculation of GNAV- Market Value Reconciliation, Expense Accounting including Management Fee, Admin Fee and Incentive Fee, Dividend Accrual Reconciliation, Bond Coupon Accrual Reconciliation, Confirming Trial Balance ledgers tie-up with various sub-ledgersQualifications Required:- Hands-on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities- Good domain skills in reconciliation processes, especially pertaining to market value recon, transaction, and cost recon- Exposure with portfolio accounting, General ledger systems- Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS), and Contract for Difference (CFD Swaps)Education & Preferred Qualifications:- Bachelors or masters degree in accounting or MBA FinanceAdditional Details:State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. They have been helping clients safeguard and steward investments for more than two centuries. State Street provides investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. The company offers competitive benefits packages, flexible work programs, and development opportunities for employees to reach their full potential. State Street is committed to fostering an inclusive environment where every employee feels valued and empowered to succeed.Note: The Job ID for this role is R-779846. Role Overview:You will be joining the State Street Global Delivery (GD) team, which provides asset owners and managers with essential financial tools to deliver effective investment solutions. Your role will involve daily cash and position reconciliation between funds and brokers, hedge fund reconciliation activities, reconciliation of dividend & market valuation of the portfolio, and other reconciliation tasks to ensure accurate financial calculations.Key Responsibilities:- Daily Cash and Position Reconciliation between fund and Broker- Hedge fund Reconciliation activity for Cash, Cost, and Position- Reconciliation of Dividend & Market Valuation of the portfolio during month-ends for the fulfillment of calculation of GNAV- Market Value Reconciliation, Expense Accounting including Management Fee, Admin Fee and Incentive Fee, Dividend Accrual Reconciliation, Bond Coupon Accrual Reconciliation, Confirming Trial Balance ledgers tie-up with various sub-ledgersQualifications Required:- Hands-on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities- Good domain skills in reconciliation processes, especially pertaining to market value recon, transaction, and cost recon- Exposure with portfolio accounting, General ledger systems- Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS), and Contract for Difference (CFD Swaps)Education & Preferred Qualifications:- Bachelors or masters degree in accounting or MBA FinanceAdditional Details:State Street is one of the largest custodian banks, asset managers, and asset intelligence companies in the world. They have been helping clients safeguard and steward investments for more than two centuries. State Street provides investment servicing, data & analytics, investment research & trading, and investment management to institutional clients. The company offers competitive benefits packages, flexible work programs, and development opportunities for employees to reach their full potential. State Street is committed to fostering an inclusive environment where every employee feels valued and empowered to succeed.Note: The Job ID for this role is R-779846.

Keyskills :
Bloomberg TerminalCorporate ActionsEquitiesOptionsBondsFuturesReconciliation ProcessesPortfolio AccountingGeneral Ledger SystemsSpotsForwardsBank DebtsCredit Default Swaps CDS