Company Description:
As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Through high-quality research and diversified investment services, we serve institutions, individuals and private wealth clients in major markets worldwide. Our ambition is simple: to be our clients most valued asset-management partner.
With over 4,400 employees across 51 locations in 25 countries, our people are our advantage. We foster a culture of intellectual curiosity and collaboration to create an environment where everyone can thrive and do their best work. Whether youre producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to clients, we re looking for unique voices to help lead us forward. If you re ready to challenge your limits and build your future, join us.
Describe the role:
This position will be responsible for executing a wide range of processes within Fund Services and the Client Group. This includes, but is not limited to, trading functions for Defined Contribution plans, reconciliation of US Demand Deposit Accounts/ international core DDAs, review of accounts/holdings against matches on sanctions lists/adverse media, and trading/reporting functions for pooled and single Equitable Separate Accounts.
The best candidate for this position will possess outstanding analytical and problem-solving skills, excellent communication skills, and strong operational knowledge. This individual should also be highly organized and detail oriented.
The key job responsibilities include, but are not limited to:
Process trading tasks for Defined Contribution Plans
Reconcile mutual fund transactions, and corresponding money movements
Create daily wires via the custodian bank applications
Review accounts/holdings against matches on sanctions lists and adverse media
Process and reconcile Separate Account transactions and their corresponding money movements
Perform ancillary tasks related to functions within Fund Services and Client Group
Update documentation of department processes and procedures as needed
Meet SLA delivery and productivity targets for each function
Meet quality standards as outlines by department management
What is the professional development value of this role, i.e. what learning and professional growth does the role offer the candidate
This is an opportunity to contribute to various teams critical functions across ABIS. This individual will be able to learn numerous functions within operations to enhance their skillset. The candidate will be encouraged to develop better practices for existing tasks, enhance procedures and continuously cross train on other areas of our business.
Job Qualifications (The ideal candidate should have the following):
Qualifications, Experience, Education:
The ideal candidate should have a bachelor s degree or equivalent in Finance, Economics, Accounting or another relevant discipline that provides an understanding and interest in the financial markets and trade flow
3-5 years experience in financial back-office operations, transfer agency, transaction processing/servicing
Experience working with a team environment with time sensitive deadlines is desired
Skills:
Detail-oriented - Delivers high quality, accurate work in a fast-paced environment
Organized and thorough - Establishes priorities and follows through on tasks to completion
Strong analytical skills - Ability to follow documented procedures and apply sound professional judgment
The individual will be expected to work as a part of a global team and will need to be able to communicate effectively with various internal and external teams. Candidates should have a strong ability to work in a collaborative environment exhibiting strong verbal and written communication skills
Ability to work in a fast paced, dynamic, and changing environment which includes daily interaction internally and externally with various Transfer Agent and Operations teams
Working knowledge in MS Excel and MS Access is a plus
Special Knowledge (if applicable):
Knowledge of mutual funds, financial or business operations, and familiarity with capital markets, banking, and securities
Pune, India
