Invesco Hiring for Administrator 1-Recon-GRS Job at India Full Time

Job Purpose (Job Summary):

He / She works under the general direction of the Team Leader in the reconciliation group. He /She provides operational support for investment activity in mutual funds, global funds and institutional accounts for INVESCO. He /She reconciles client accounts, verifies cash transaction and position activities, researches unresolved issues and interacts with the external group to resolve complex settlement and trade related issues. He /She exercises independent judgment while researching and resolving time critical and risk sensitive issues. Provide mentoring support for group

Key Re Responsibilities / Duties:

• Reconciles the Cash/Positions for all the internal and external systems and resolve the discrepancies/exceptions within the established deadlines.
• Ensure that all client specific reconciliation guidelines and reporting standards are met.
• Assist the team leader in completing client specific reports and analyze the same.
• Respond to basic client questions and refer more complex issues to the team leader.
• Perform and complete all tasks that meet client specified reconciliation guidelines and reporting standards.
• Assist the team members in preparing, reviewing and analyzing reconciliation reports.
• Review all reconciliations done by the other team members
• Ensure Daily cash and position reconciliation of client portfolios to the custodian.
• Accurate and timely posting of contributions and withdrawals into the client portfolio’s and report the same to the portfolio managers and the Traders.
• Monitor and track the cash a level of the client portfolio’s and report any overdrawn accounts and the accounts with high cash.
• Matching of trades done by the traders against the brokers and resolve any exceptions and input the trades into the portfolio systems.
• Set up securities in the trading and portfolio systems.
• Accurate and timely posting of dividends, income and other expense transactions into the client portfolios.
• Timely and accurate administration of various corporate actions like stock split, reverse split, spin off, bonus etc.

Formal Education:

BCOM, MCOM, MBA and any professional qualification with Finance as the major Specialization.

Work Experience / Knowledge:

• 3-5 Years of knowledge on global capital markets and has worked in Portfolio Reconciliations, Trade Input and Data Management

Skills / Other Personal Attributes Required:

• Excellent communication skills both written and verbal
• Ability to work independently in a high-pressure environment.
• Effective computer skills and attention to detail