Manager - Fund Accounting - Investment Bank

Manager-Fund Accounting- Global Investment Bank

Direct Responsibilities :

Service Delivery :

- Become a SME (Subject Matter Expert) of the process by acquiring complete knowledge & understanding of NAV Calculation Processing & Review across all funds & instruments types.

- Ensure NAV calculations are produced in a timely manner as per SLA. Completeness of NAV packs includes accurate report generation, timely delivery of reports, scanning & archiving.

- Ensure all reconciliation breaks in TA, Cash & Stock are validated and justified for each calculated NAV.

- Ensuring the KPIs are kept in Green at all times.

- Preparation of Key/Standard Operating Procedures for each process migrated to Chennai.

- Consistently evaluate the documented procedures to ensure they are complete, accurate and up to date.

- Prioritize the work and conduct investigation with due diligence on all the discrepancies.

- Carry out other ad-hoc duties may arise from time to time, mainly on month ends & year ends.

- Ensure review of critical queries before sent. Where issues/errors arise ensure detailed analysis of issues and clear understanding is gained before responding to client, spoke or other parties.

- Ensure that the Reports are thoroughly reviewed and most updated information is provided.

- Should assist Manager in preparing & reviewing reports.

Financial :

- Adhere to Quality of 100% while producing & reviewing NAVs.

- Ensure there is NO Financial impact/loss to the organization.

People :

- Manage staff on daily BAU and to take corrective measures/actions, if required. Updating required staff/team adequately on any changes/new events impacting BAU. Should be proactively escalating the BAU/Staff issues to Manager.

- Identifying the staff training requirement & ensure all the necessary training has been provided to the team members to perform the relevant tasks.

- Conducting Daily Team huddles, Weekly Team meetings and regular one on ones with team.

- Develop SMEs and ensure that, the Back-up management tool is in place for all the team members.

Risk Management :

- Enforce 100% compliance of ISAE3402. Carry out sample testing on daily basis & document the results.

- Ensure procedures are in place to effectively deal with exceptions and that they are reviewed, researched, documented and resolved in a timely manner.

- Identify the manual steps, process efficiencies & developments, by providing practical ideas on areas of improvements & work towards its automation.

- Ensure to minimize the unplanned leaves, especially during business critical days, like month end, rollover days and migration of new funds.

Contributing Responsibilities :

- Monitor the respective group mail box and respond quickly to the queries.

- Adhere to timeliness and quality as stated in SLA.

- Ensure there is NO Financial impact/loss to the organization.

- Ensure ISAE 3402 checks are understood and followed. 100% compliance is must for all NAV packs.

- Act as a back-up in the absence of other team members.

- Assist supervisor in resource planning and BAU planning.

- Continuously strive to improve the process and bring efficiency in the chain

- To share the process/product knowledge with fellow team members.