Assistant Manager- Trade Setlements , Asset Reconciliation
Gurgaon, India
Current designation Assistant Manager – Banking, Reconciliations & ControlJob Profile: Managing 3 different teams, a total of 18 member team including 1 Team leader & a Process lead. Teams -Asset Reconciliations , Pricing recs• Client Asset Reconciliations (Internal & External)- reviewing and signing off on daily and monthly basis for around 240 providers for a total of 5000 funds• Pricing Reconciliations- reviewing and signing off… Show more Current designation Assistant Manager – Banking, Reconciliations & ControlJob Profile: Managing 3 different teams, a total of 18 member team including 1 Team leader & a Process lead. Teams -Asset Reconciliations , Pricing recs• Client Asset Reconciliations (Internal & External)- reviewing and signing off on daily and monthly basis for around 240 providers for a total of 5000 funds• Pricing Reconciliations- reviewing and signing off on daily and monthly basis for Third party providers – Appros and Expros deals.• Facing audits (external) from firms like PWC and internal audit from compliance team• Regulatory Compliance of process and procedures• Preparing MIs, Regulatory reporting including CMAR & CASS• Preparing Risk Assessment matrix for the entire department• Representing teams for Reward & Recognition, Career pathing of individuals Team - Clearstream and Euroclear settlements To ensure the timely settlement of trades and FOP transfers via Clearstream and Euroclear .This includes:• Monitoring and ensuring timely settlements of deals(against payment) and transfer (free of payment) in SICAV range of Fidelity offshore funds (Luxembourg registered funds). For which all applications are received in German and English Language• Interacting with German and Austrian institutional clients (Banks) • Reconciling units and cash between Fidelity’s and Cleartstream and Euroclear.• Distribution (Monthly, quarterly , bi-annually & annually)• Testing prior to any systems release. (Good knowledge of SWIFT messages)• To represent the team in projects and new initiatives impacting Clearstream & Euroclear Settlements• Produce management information reports.• Preparing Risk Assessment Matrix for entire department• Taking interviews • Organizing R&R (Reward & Recognition) at department level~Worked with IBM-DAKSH from 19 June 2006 to 11 Sept 2008 as Customer Care Specialist (German Language) Show less