Verified Job
Accounting - Finance
Alternative Ops Bank Loans - Senior Associate
Accounting - Finance
#666121
Remote / WFH
Job Description
H
HR
AVPVP MNCA
HR • Chennai, Tamil Nadu • via Jobsiya
1 day ago
Full–time
Apply on Jobsiya
Job description
About SMBCSMBC provides great opportunities to be a part of a growing and dynamic organization, which is also one of the largest banks in the world. The history of SMBC’s predecessor banks stretches back over 140 years and currently the bank has established its presence across Americas, Europe, Middle East and Asia with its Headquarters in Tokyo, Japan. The bank is majorly involved in commercial b...
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State Street
Alternative Ops Bank Loans - Senior Associate
State Street • Chennai, Tamil Nadu • via State Street Careers
2 days ago
Full–time
Apply on State Street Careers
Apply on Groupe BNP Paribas
Apply on SmartRecruiters
Apply on EY Careers
Apply on Workday
Apply directly on Glassdoor
Apply on SimplyHired
Apply on Foundit
Job description
Who we are looking for
As a Bank Loan Specialist with experience in Loan Syndication ( LSTA & LMA) Secondary Loan trading, Participation trades, Accounting and Custody reconciliation, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients.
What you will be responsible for
• Processing trades, booking receipts and disbursements
• Daily reconciliation of cash balances
• Producing daily roll-forward proof of portfolio holdings and accrual information
• Preparing standard and ad hoc reporting for both internal and external customers
• Responding to customer queries daily
• Daily processing of bank loan notices as received from agent banks,
• Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelines
• The individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.
• During normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
• Research and resolve exceptions and issues
• Receive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessary
• Define and ensure successful completion of ad-hoc requests
• Escalate unresolved issues to management as required
• Perform daily or weekly reporting functions for the team’s activities
• Ensure adherence to Standard Operating Procedures
• Keep up to date on broader internal/external business issues; applies knowledge across team
• Assist management in the implementation of new policies and procedures, participates in projects
• Assist with workflow management and technology enhancements., make suggestions to streamline operations
• Maintain knowledge of current alternative procedures and processes
• Support training of new hires as necessary
Education & Preferred Qualifications
• Bachelor / Masters in Accounting/MBA Finance
Additional Requirements
• Ability to adhere to strict timelines
• Good interpersonal and communication skills
• Ability to work under tight timelines
• Willing to work in any shifts.
About State Street
HR
AVPVP MNCA
HR • Chennai, Tamil Nadu • via Jobsiya
1 day ago
Full–time
Apply on Jobsiya
Job description
About SMBCSMBC provides great opportunities to be a part of a growing and dynamic organization, which is also one of the largest banks in the world. The history of SMBC’s predecessor banks stretches back over 140 years and currently the bank has established its presence across Americas, Europe, Middle East and Asia with its Headquarters in Tokyo, Japan. The bank is majorly involved in commercial b...
Show full description
Report this listing
State Street
Alternative Ops Bank Loans - Senior Associate
State Street • Chennai, Tamil Nadu • via State Street Careers
2 days ago
Full–time
Apply on State Street Careers
Apply on Groupe BNP Paribas
Apply on SmartRecruiters
Apply on EY Careers
Apply on Workday
Apply directly on Glassdoor
Apply on SimplyHired
Apply on Foundit
Job description
Who we are looking for
As a Bank Loan Specialist with experience in Loan Syndication ( LSTA & LMA) Secondary Loan trading, Participation trades, Accounting and Custody reconciliation, the ideal candidate will support and assist Client Operations and other operational Shared Service teams/ Center of Excellence (COE’s) by monitoring and processing custody related events to the fund’s records accurately and timely. Ensure prompt follow up on exception situations and facilitate timely problem resolution to mitigate risk to the corporation and deliver excellent service to clients.
What you will be responsible for
• Processing trades, booking receipts and disbursements
• Daily reconciliation of cash balances
• Producing daily roll-forward proof of portfolio holdings and accrual information
• Preparing standard and ad hoc reporting for both internal and external customers
• Responding to customer queries daily
• Daily processing of bank loan notices as received from agent banks,
• Interact with the Investment Manager on their assigned portfolios, inputting/settling trades, performing ad hoc requests and providing daily reporting per client specific guidelines
• The individual will work closely with their mutual fund counterpart, providing Loan related reports to be incorporated into the final NAV Calculation.
• During normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
• Research and resolve exceptions and issues
• Receive and resolve inquiries in a timely and accurate manner and communicates effectively with client when necessary
• Define and ensure successful completion of ad-hoc requests
• Escalate unresolved issues to management as required
• Perform daily or weekly reporting functions for the team’s activities
• Ensure adherence to Standard Operating Procedures
• Keep up to date on broader internal/external business issues; applies knowledge across team
• Assist management in the implementation of new policies and procedures, participates in projects
• Assist with workflow management and technology enhancements., make suggestions to streamline operations
• Maintain knowledge of current alternative procedures and processes
• Support training of new hires as necessary
Education & Preferred Qualifications
• Bachelor / Masters in Accounting/MBA Finance
Additional Requirements
• Ability to adhere to strict timelines
• Good interpersonal and communication skills
• Ability to work under tight timelines
• Willing to work in any shifts.
About State Street
