Asset Transition - Senior Associate

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.

Process Developer / Management Trainee/ Business Analyst - Asset Transition - Wealth Operations

In this role, you would be responsible for back-office functions for our client. In Back-office functions you will primarily be working on Asset transition (Inbound, Cost Basis Reporting, Outbound). You will be responsible for Custody and accounting asset/securities transfers from / to brokers, Fund Managers, Custodians etc. You will also be responsible for Tax Lot and book adjustments and rebooking of failed trades.
Responsibilities:
. Required good understanding on upstream and downstream of process of Asset transfer.
. Basic knowledge of different types of tax costs, Tax code, Tax lot, Date of Death, Beneficiary, Inheritance/Gifts etc.
. Hands on experience around stock in&rsquos & out&rsquos (Free Receipt/Delivery) process.
. Good understanding around business transitions and required documentation will have added advantage.
. Experience of posting transactions on accounting & custody book for exception resolution is required.
. Good knowledge of MS Excel is required.
. Experience of applications like Advantage, Trust Desk & Global Plus applications would have added advantage.
. Candidate should have exposure around audits (internal and external) and a strong understanding around Risk and Control framework.
. Good communication skill required to establish strong relationship with onshore counterparts and should be capable of handling Onshore Queries.
. Support with specific client requirements or ad hoc requests.

Qualifications we seek in you!
Minimum qualifications
. Any Graduate (PG an added advantage)
. Effective probing & root cause analysis skills
Preferred qualifications
. Relevant work experience in an Associate role is desirable.
. Must have previous experience in a middle/back office in financial services firm of 3 to 5 years.

Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit www.genpact.com . Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.