Cash Analyst-SMO IND
This role is part of the Global Operations team operating out of the US, UK and India. Its purpose is to ensure timely and accurate cash reconciliation and reporting for the Portfolio management teams. This position will also interact with Portfolio Managers and Portfolio Manager Assistants to provide overdraft monitoring and notification to these teams. As part of the broader Global Investment Operations Department, the job incumbent will be expected, over time, to cross-train and be multi-skilled in a variety of functions covering Trade Management (including Share Class Hedging processes) and Derivatives so as provide broader operational support during peak periods. Responsibilities
Perform reconciliations and cash posting on Aladdin. This involves reconciling custodian and accounting records to the Aladdin application.
Publish cash reports on Aladdin for Portfolio Managers and Portfolio Manager Assistants by agreed-upon SLAs.
Monitor and notify Portfolio Managers and Portfolio Manager Assistants of overdraft notifications and resolution.
Ensure all reports are sent out within SLA and accurately
Work with Portfolio Management teams to resolve any actual and projected cash related questions.
Research and resolve reconciliation differences between custodian, accounting and the Aladdin application to meet KPI standards.
Perform position reconciliations of holdings for cash sweeps, comparing balances to the cash balances.
Provide coverage for operational processing activity across other Investment Operations teams during peak periods.
Provide support for various projects for the Product and Sales teams, Compliance and other departments.
Ensure procedures and controls are followed to prevent errors and delays.
Provide expertise for testing of systems, generate ad-hoc reports and assist in miscellaneous projects, as needed, for enhancements or regulatory requirements.
Provide quality service and information to partners/clients.
Provide information and answer questions for audits and risk assessments i.e. from external and internal audit and risk functions. Required Qualifications
Finance / Accounting qualification.
At least 1-3 years of experience in middle office operations - cash management (preferably in mutual funds / institutional accounts).
Working knowledge of the securities markets and the trade settlement process.
Working knowledge of the investment process including Compliance, Accounting and Administration.
Good analytical, quantitative & problem-solving skills and ability to use statistical analysis and modeling.
Knowledge of Investment tools (like Bloomberg), reconciliation tool (like Frontier) and Accounting system (e.g. HiPortfolio, GIM) will be an added advantage.
Good communication skills (written / oral), interpersonal skills and be an effective team player.
Sound analytical skills.
Ability to work independently as well as collaborate with cross-functional teams and work across other operational locations.
Proficiency in MS Office - specifically Excel. Preferred Qualifications
MBA/M.Com About Our Company
With the right company, life can be brilliant. Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm's focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You'll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step to create a brilliant career at Ameriprise India LLP.