Team Lead - Hedge Fund Pricing

Job Description

Location-Bangalore

Years of Experience-6 to 8 Years

The job requires working for a Global Hedge Fund Administrator, specializing in administering assets of complex hedge funds.

Strong technical Accounting background; experience working within the Financial Services industry.

The position involves understanding of various investment instruments like Equities, Fixed Income Products, Derivatives, Swaps, CFDs, Repos etc.

The team’s main responsibility is to produce and analyze the daily T+1 Pnl.

Major Duties

Prepare / review daily PnL reports and analyse to determine the largest gainers or losers for the 3rd Party Administrator PlatformReview and resolve daily pricing exceptions raised and assist in price verification of various types of financial products

Examine quality of prices received from Vendors and pricing exception tolerance level with onshore teams in HK, Chicago, NY & Dublin.

Work with Shared Services team in Chicago to identify and fix PnL problems. Work on ad-hoc products for the onshore Product Control team. Coordinate monthly close process with onshore Product Control Analyst for client delivery. Work with Account Managers across global locations to facilitate any client reporting requests. Knowledge of financial products like,

Equity, Credits, Derivative instruments, TRS, REPO etc.Provide oversight to the Product Control team in India, should be able to motivate & lead direct reports.

Accountabilities

Employees are required to comply with the regulatory regime in which Northern Trust operates as appropriate to the above role

Employees are expected to exercise due care and diligence, ensuring the areas the incumbent is responsible for are organised and controlled

Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties

Reports to Section Manager/ Operations Manager.

Skills

Be able to mentor through confidence and approachability. Approachable and able to promote teamwork through creative solutions

Good analytical, numerical and reasoning skills

Time management and delegation skills

Deep understanding of process and process improvement

Excellent/advanced knowledge of Excel with VBA experience being a plus; should be familiar with MS Word & Office tools.

Excellent English, grammar, written and oral communication skills

Adaptive, flexible style with the ability to work in a dynamic, fast-paced environment

Ability to evaluate priority and multi-task with minimal supervision and exemplary follow-through§ Self-starter
with the ability to function independently in dynamic and demanding environment

Qualifications:

A minimum of 6+ years of experience in Financial Services environment, preferably, performing processes involving P&L, price verification and risk.Experience with Hedge Funds, Investment Management and/or Financial Services strongly preferred.

Bachelor’s degree with emphasis in Accounting, Finance or a quantitative discipline. Masters’ degree would be an advantage.

Business exposure to Equity or Credit or at least some complex derivative products like Equity, OTC & FX Options, TRS, CDS, CDX, synthetic CDO's, MBS, Bank Debt, Debt Warrants, Convertible Securities, Corporate and Treasury Bonds.

PHYSICAL DEMANDS AND WORK ENVIRONMENT:

Must be able to interact and communicate with co-workers in a clear, thorough and concise manner. Work environment and physical demands are those normally associated with office work, including frequent use of the computer and telephone. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential job functions unless those accommodations would impose an undue hardship or constitute a direct threat.