Invesco is hiring an experienced Administrator 1 - Recon – GRS at their Hyderabad location
SANDEEP KUMAR | Mar 18, 2023 | Views 2345
B.Com, M.Com, MBA Vacancy at Invesco
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:
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
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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