HCL Technologies is a next-generation global technology company that helps enterprises reimagine their businesses for the digital age. Our technology products and services are built on four decades of innovation, with a world-renowned management philosophy, a strong culture of invention and risk-taking, and a relentless focus on customer relationships. HCL also takes pride in its many diversity, social responsibility, sustainability, and education initiatives. Through its worldwide network of R&D facilities and co-innovation labs, global delivery capabilities, and over 211,000 Ideapreneurs’ across 52 countries, HCL delivers holistic services across industry verticals to leading enterprises, including 250 of the Fortune 500 and 650 of the Global 2000.
Job description
Walkin Interview Income & Corporate Action Process – 11-Feb-23.
Open Position – Specialist – E1
Subject Matter Expert/Team Leader – E1
Associate Manager – E2
Venue Interview – State Street HCL Qubix SEZ Building Near Blue Ridge Hinjewadi Pune Phase 1
Documents to carry – Hard Copy Resume.
Government ID Proof – Pan Card/Adhar Card.
Candidates coming with Income or Corporate Action Experience or Fund Accounting or Settlements or Reconciliation interested in applying with Income & Corporate Action Process kindly walkin.
Candidate should be flexible working in any shift.
Should be comfortable to work from office.
Job Description –
Essential Duties and Responsibilities (Key Accountabilities)
- Is responsible for a team of professionals responsible for Transaction and Client Cash services
- Should have good knowledge of Mutual Fund / Hedge Fund products and Capital market
- Is responsible for team development and evaluations
- Is responsible for managing Day in Life of around 100 staff
- Is responsible for leading projects
- Should have in-depth knowledge of Corporate Actions, Asset servicing, Incomes, Transaction processing, reconciliation, etc.
- Should have knowledge of Capital Markets working in AMCs, Registrar/Transfer agents and Custodians
- Knowledge of Market Valuation of the portfolio for the calculation of NAV is preferred
- Should have relevant experience in Market Value Reconciliation, Expense Accounting postings, including Management Fee, Admin Fee and Incentive Fee, Dividend Accrual Reconciliation, Bond Coupon Accrual Reconciliation,
- Exposure to trading instruments like Equities, Options, Bonds, Futures, Spots and Forwards, Bank Debts, Credit Default Swaps (CDS) and Contract for Difference (CFD Swaps).
- Hands on experience in using Bloomberg Terminal for searching information on Corporate Actions, verifying coupon accruals for bonds and Price for securities.
- Bookings of Equities, Futures, Options, CFD, Fixed-Income, ABS, Spots & Forwards and settling the same in its due settlement into the accounting system as per broker.
- Exposure Accounting services of a Custodian Bank
Management Responsibilities
- Maintain a controlled operating environment that complies with operational standards
- Ensure team is escalating critical issues in timely manner
- Perform timely and regular reporting to management
- Act as technical and knowledge resource to the team. Should be a go-to person for the team
- Hold regular team meetings to encourage associate feedback on all issues
- Participate in the development and periodic review of training programs and facilitate training programs.
- Manage team assignments in conjunction with client deliverables.
- Ensure that any team-specific procedures conform and are shared with other team members and departments.
- Create & periodically update SOPs for the process
- Create and use quality service measurement tools to ensure compliance with operational standards.
- Monitor quality assurance
- Drive automation / value addition projects
- Hold routine feedback call with client.
EDUCATION/EXPERIENCE
The minimum education requirements:
University degree (B. Com, MBA) in Business majoring in Accounting, Finance, or another Financial-related program. Inter CA / Inter ICWAI or CFA (pursuing)will be preferred
The minimum experience requirements:
Specialist – Minimum 3 Years of Experience
SME/Team Leader – Minimum 5 Years of Experience
Associate Manager – Minimum 6 + Years of Experience with team handling must.
CONTINUING EDUCATION & COMPETENCY REQUIREMENTS:
Highly proficient with Microsoft Office Products (Excel, Word)
COMMUNICATION SKILLS
- Good interpersonal and communication skills Written and Verbal
PHYSICAL/MENTAL DEMANDS AND WORKING CONDITIONS
- Ability to interact with clients effectively and adhere to SLAs Good interpersonal, presentation and communication skills
- Should be ready to relocate to Chennai/Coimbatore/any location in India and work in night shift.
Time and Venue
11th February , 10.30 AM – 1.00 PM
Venue: State Street HCL
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