Institutional Equity Division - Senior Associate, CERT (Bangalore)
Core
Validate security prices for hedge fund portfolios and perform reconciliations to ensure accurate client Net Asset Value (NAV).
Role type
Senior Associate, Fund Services (Middle Office)
Builds
Daily and month-end pricing reviews, cash/position reconciliations, and audit confirmations for hedge funds.
Domain
Financial Services / Hedge Fund Administration
Required skills
Hedge fund processing knowledge, Financial reconciliation, Pricing validation, Audit confirmation review, Corporate actions knowledge, Accounting entries knowledge
Preferred skills
Experience in financial services, Knowledge of hedge fund operations
Technologies
NASDAQ, NYSE, Bloomberg, Key financial systems
Responsibilities
Verify and compare valuations against market feeds (NASDAQ, NYSE, Bloomberg) and highlight discrepancies. Perform daily and month-end cash and position reconciliations with counterparties and prime brokers. Review standard audit confirmations for investors' auditors. Ensure portfolio valuation aligns with the client's offering memorandum. Escalate exceptions and coordinate with the Accounting team on pricing and reconciliation status.