Senior Analyst Settlements

Empower Retirement · Banking & Financial Services

KA Bangalore
On-site
Posted today
Apply by 27 Oct
Finance & Accounting

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About the job

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

This role is responsible for ensuring proper settlement of domestic and foreign securities and derivative trades executed in EAICA's general account, managed separate accounts, and the Empower Capital Funds. Supports the team staff to complete their tasks by providing coverage or helping create processes to mitigate risk and increase efficiency.

ESSENTIAL FUNCTIONS

Ensure internally executed trades flow properly from the Trading System to the Accounting system.

Confirm trades with counterparties. Notify custodian banks of pending trade settlement and ensure that trades settle properly. Trade responsibilities may include the more complex transactions such as processing and tracking TBA's & dollar rolls.

Maintain, troubleshoot and support the trading system (Bloomberg AIM/CTM) as the departments subject matter expert

Enter daily trade activity, including subadvised trades, into the accounting system. Trade activity includes but is not limited to domestic and foreign securities trades and exchange traded and OTC derivatives.

Perform team support role, including process improvement, testing system upgrades and enhancements, developing trade messages for accounting system, and working with outside vendors for sub advised trade loads.

Review trades and security setups from the team, to ensure accurate processing.

Process swap payments, communicating and confirming payment details with counterparties prior to settlement.

Fund new private placements, communicating with EAICA's traders and legal group.

Coordinate and process forward foreign currency contract settlements with multiple counterparties.

Support the Manager, Settlements with resolving complex trade settlement issues, assisting in training new personnel and taking on additional duties as assigned.

QUALIFICATIONS

Bachelor's degree in Accounting or Finance. (accounting preferred) Other Preferred

More than four (4) years of directly related experience in the investment administration area of a financial industry firm.

Without a degree, an additional two (2) to four (4)years of directly related experience is required.

Intermediate or Advanced Excel skills

Detail oriented and self starter Autonomy:

Receives general assignments with few instructions and operates with limited independence Financial Responsibility.

1.30 PM to 10.30 PM OR 6.30 PM to 3.30 AM (To be flexible per the team’s alignment or requirement)

Normal Office Working Conditions: this job operates in a professional office environment and routinely uses standard office equipment.

This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description. You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

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