Job Purpose (job Summary)

- Under general supervision and within established policies & procedures, provides operational support including all aspects of Portfolio Administration, Reconciliation and Trade Support services, as well as making recommendations to improve policies and procedures.

Key Responsibilities / Duties

- Perform Client level reconciliation for Cash & Positions between Invesco Portfolio accounts and relevant sponsor accounts

- Restrict the accounts from trading due to account discrepancies and pending reconciliation in the Invesco portfolio accounting system

- Perform account maintenance functions including: New account setup, Terminations, Conversions, contributions/withdrawals, tax harvests

- Placing security and industry level restrictions in the portfolio accounting system.

- Adding financial advisor information to the portfolio accounting system to reconcile with Sponsor data

- Monitoring sponsor websites and applications for various client requests

- Reconciling cash positions and market value on portfolio accounting system to the custodian s record on manually reconciled accounts.

- Downloading Sponsor reports & Updating and Comparing Unified Managed Accounts (UMA) Models depending on the Sponsor

- Proactively contribute ideas and participate in continuous improvement initiatives

- Monitor and report the cash and position discrepancies in a timely manner to the trading desk.

- Research/Resolve of various corporate actions discrepancies like stock split, reverse split, spin off, bonus etc.

- Identify & resolve individual account discrepancies accurately and efficiently, to ensure systems are ready for trading

- Reviewing and identifying items in the Operations Global mailbox

- Ensure the process procedures are up to date

- Proactively identify potential operational risks, suggest mitigation strategy to manager and lead the implementation of the agreed upon mitigation strategy

- Review and Ensure that all new accounts, Conversions, Terminations, Tax Harvest, cash flows are completed in a timely manner.

- Review and Ensure all the e-mails in the Global mail box are routed properly and all the items are identified correctly

- Review and Ensure that Client Level Portfolio reconciliations are completed in a timely manner and resolve all cash and position discrepancies are resolved including Manual Reconciliation

- Review and Ensure all the Sponsor Reports are Downloaded & Unified Managed Accounts (UMA) Models are updated and compared in a timely manner

- Responsible for helping/Guiding the team members to prioritize the work and to do the Job on their own

- Ensure all critical end of the day reports on New accounts, terms, restrictions and reconciliation items are completed and actionable items are duly completed

- Ensure all the transitions run smoothly and all the procedures are up to date

- Ensure Dividend Report related to Performance of the accounts is prepared in a timely manner

Work Experience / Knowledge

- 3 to 6 Years Investment Operations Industry Experience

- Excellent Knowledge of Investment products globally is required

- Skills / Other Personal Attributes Required

- Team player

- Good communication skills

- Open minded, flexible, and willing to listen for other people s opinions.

- Good Understanding of Quality and process improvement concepts

- Excellent understanding of separately managed account process.

Formal Education - MBA or any other Professional qualification with Finance as Major Specialization

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