Institutional Equity Division - Senior Associate, CERT (Bangalore)

Job Summary

CERT, Senior Associate, Fund Services

We're seeking someone to join our team as Senior Associate who will validate prices of the securities in the client's (hedge fund) portfolio as well as perform various reconciliations to ensure the client NAV is correct. Along with this, they will also be responsible for reviewing other documents, such as audit confirmations.

Role Context

The Centralized Exception Reporting Team (CERT) drives accuracy across MSFS. Each day, the team collaborates to deliver precise daily and month-end pricing reviews across a wide range of financial products including equities, options, swaps, and CDS, ensuring our clients' investment portfolios are valued with confidence. The team also performs daily cash and position reconciliation with counterparties and prime brokers.

We take pride in proactively identifying discrepancies, facilitating transparent communication, and empowering our clients to compare valuations from major market feeds such as NASDAQ, NYSE, and Bloomberg. CERT is a collaborative environment committed to continuous improvement, professional growth, and making a meaningful impact for our clients and our business.

Responsibilities

• Daily Month-end pricing checks - To provide client with correct valuations for its investment portfolio across various financial products like equities, options, swaps, CDS etc. To verify and compare valuations against various feeds received from NASDAQ, NYSE, Bloomberg etc. and highlight issues in cases of discrepancy.
• Daily Month-end cash and positions reconciliations - As a fund administrator, we have to reconcile all positions cash balances across various financial products in the client's portfolio with the counterparty statements and report exceptions. While performing the reconciliation we have to keep in mind the product-specific features. Knowledge on corporate actions and accounting entries will be required in the reconciliation process.
• Review of Audit Confirmations - Performing review of standard MSFS confirmation which is released to investors auditor providing the Investors holding for the audit period
• To ensure portfolio has been valued as per the client's offering memorandum and highlight exceptions in case of discrepancy.
• To ensure that all exceptions in the CERT processes are highlighted or escalated, if required, to the appropriate level.
• Update and coordinate with the Accounting team about the status of pricing and reconciliation on real time basis
• All daily/monthly deliverables to be achieved by the defined deadline and escalate in case of delay

What you'll bring to the role

• 2 to 4 years prior work experience - preferably in financial services. Knowledge of hedge fund processing is a strong advantage.
• Bachelor's degree
• Strong communication skills, both written and verbal
• Good administrative and organisational skills with a particular focus on accuracy and attention to detail.
• An ability to work under pressure and an ability to cope with increased workloads at month-end.
• An ability to work as part of a virtual team that is spread across different time zones and geographies.
• An ability to use key financial systems and other IT tools.

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