Senior Associate Fund Accounting

Job Description

DO:

To perform pricing/valuation of securities and OTC Derivatives for assigned clients.

- Product scope:

- Securities - Fixed income securities, Bank Loans, Equities, Exchange Traded Derivatives etc.

- OTC Derivatives Credit Default swaps, Interest Rate swaps, Equity swaps, Equity Options, Swaptions etc.

Understanding client’s valuation policy and governing documents and ensuring the implementation of the same.
Compare prices/ valuations across different sources
Conduct materiality and sensitivity tests.
Analyze valuation exceptions. Understanding valuation model inputs, greeks, market data etc. to adequately justify valuation exceptions. Understanding corporate actions and its impact on pricing.
Collect and analyze market data
Challenge vendor prices against Manager and broker quotes.
Resolution of valuation queries
Take responsibilities in compilation of valuation transparency reports.
Documentation of valuation supports for audit requirements,
The role requires extensive liaison with pricing/market data vendors, clients and Fund Accountants.
Escalation of critical valuation related issues.
Implement standardization & automation of processes where necessary.
Primary 4 eye review of NAV related valuation reconciliations
Manage the daily administrative activities of the team including leave planning ,task allocation and training
Maintain regular MIS relating to the clients assigned
Implementation of valuation initiatives for the clients assigned
Represent the valuations team while communicating with internal teams and external clients
Ability to work in Shifts
Participation in UAT testing

Display:

MBA - PGDBM (Finance)/ CA/ MCom/MA (Eco)/ MSc (Maths/ Stats)/ Graduate (BCom, BSc,BE) with CFA level II or FRM level II/ Graduate (Bcom, BSc, BE) with core experience in OTC Derivative back office valuation processes
Intermediate to advance knowledge of OTC derivative products and valuation theory
3 - 6 years prior work experience in back office/ middle office setup
0-1 year of limited team management experience (preferred)
Experience in implementing projects/ participation in UAT and other development projects (preferred)
Working knowledge and higher degree of proficiency in MS Excel functions and ability to work with large amounts of data (preferred)