B.Com, M.Com, MBA Vacancy at Invesco

Overview:

Invesco is hiring an experienced Administrator 1 – Recon – GRS at their Hyderbad location. Senior Administrator works under the general supervision of Team Leader / Assistant Manager in the reconciliation group. Responsible for performing cash and position reconciliations for Investment Books of Records (IBOR), Accounting Books of Records (ABOR) and Order Management Systems (OMS) with Custodians, Counterparties and Brokers for Equity, Fixed Income, and Derivatives products by utilizing various industry leading applications. He/She must perform extensive research about exceptions and interact with various internal and external stakeholders to resolve reconciliation exceptions.

The complete details of this job are as follows:

What will you be doing:

Perform cash and positions reconciliations between internal and external data sets, research and resolve discrepancies within established deadlines

Research reconciliation discrepancies on IBOR, ABOR and OMS on a timely manner and assist in resolution

Ensure reconciliation procedures are adhered to while performing reconciliations

Ensure timely escalation of reconciliation exceptions to relevant stakeholders following set guidelines

Monitor cash levels on assigned portfolios to report any overdrawn positions

Accurate and timely processing of cash flows onto respective IBOR and OMS systems

Assist team members in preparing, reviewing, and analyzing reconciliation reports

Review all reconciliations performed by assigned team members

Maintain and update documentation on reconciliation procedures

Proactively contribute ideas, participate, and execute process improvement initiatives

Perform User Acceptance Testing (UAT) and rollout support on upgrade/enhancement of applications used in daily operation

Maintain and update fact sheets which provide details of custodians, counterparties, and internal stakeholders

Build strong business relationship with internal and external stakeholders

Provide process related trainings

Qualifications for this job:

B.COM, M.COM, MBA and any professional qualification with Finance as the major Specialization.

1-3 Years of knowledge on global capital markets and has preferably worked in Portfolio Reconciliations and Middle Office in Investment Services area

Excellent interpersonal and communication skills both written and verbal

Ability to work independently in a high-pressure environment and take sound decisions

Ability to analyze numerical data with attention to detail

Proficient in Microsoft Office suite with emphasis on MS Excel

Should be team player and contribute towards creating a cohesive environment

Willingness to participate in the development and enhancement of the process

To apply for this job, visit official website

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