IORS - Insurance Fund - Associate/Sr. Associate

Job Responsibility:

Reconciliation and breaks resolution of cash and position breaks related to insurance funds. Working knowledge on Geneva application and Expertise on bonds and capital call reconciliation is plus.

• Bachelor's or masters degree or equivalent professional qualification, preferably in Accounts or Finance (BBA/BCom/MBA).
• Energetic, results-focused, change agent, with a strong work ethic.
• Ability to work to tight deadlines under pressure, while maintaining attention to detail.
• Excellent organizational and time management skills with a positive and pro-active can-do-attitude.
• Team player and people motivator.
• Interpersonal, collaborative, relationship building and influencing skills.
• Strong organizational and analytical skill with strong attention to detail.
• Strong track record of excellent results delivered to internal and external clients.

Key Responsibilities:

This role demands candidates that can work across a range of tasks simultaneously and can work independently with minimal instruction while hours may vary depending on the markets the organization operates within:

• The role involves end to end reconciliation and break resolution of insurance funds
• Good understanding on reading and interpreting data from custody statements
• Reconcile paydown, interest, trade, corporate action, cash & position transfer with custody statements on daily basis
• Reconcile capital calls, rebalances and quarterly Interest payments for insurance funds on daily basis
• Strong fundamental knowledge on pro-rata calculation, paydown factor calculation and Interest accrual calculation
• Ability to read and interpret paying agent information, amortization schedule from notes purchase agreement
• Good understanding on different Bloomberg screen and their functionalities specific to bonds & liability notes
• Ability to interact with multiple counterparties like paying agent, custodian on daily basis via emails
• Demonstrate high attention to detail and should work in a dynamic environment whilst maintaining high quality standards
• Advanced excel skills will be an added advantage

Key Metrics:

• End to end knowledge on Insurance funds Cash & Position reconciliation
• Working knowledge on Geneva or other accounting tools is mandatory requirement
• Ability to multitask activities and complete assigned deliverables within SLA