Fund Administration-Reconciliation - Analyst

Permanent contract|Chennai|Banking Operations

Fund Administration-Reconciliation - Analyst

Chennai, India Permanent contract Banking Operations


Require to reconcile bank accounts in a timely and accurate manner, to report trade activity to the relevant parties as per agreed format and timelines, to instruct payments to funds and between bank accounts, and to communicate with banks and other entities on a daily basis. 

Roles and responsibilities:

- Interpret shareholder system reporting of each days transactions for a significant number of fund families and currencies.

- Report the share movement and money flow to the relevant fund accountants and custodians.
- Cash projection; prediction and verification of payments due to each fund for subscriptions and due from each fund for redemptions, in relevant currencies and on correct settlement dates. 
- Instruct movement of funds by fax or on-line communication to appropriate destination 
- Daily reconciliation of all bank accounts
- Research and query resolution in relation to outstanding reconciliation items, liaising with other departments and external parties.
- Report on reconciliation items, providing detailed analysis of outstanding items.
- Execute of foreign exchange transactions.
- Monitor and reporting of bank fees and interest charges, verifying and processing claims.
- Reconcile dealer accounts and balancing of monthly commission payments
- Quarterly trailer fee reconciliation" 

Profile required

a)    Basic Criteria

- Bachelors degree in Commerce or Business

- Basic Knowledge of MS Office tools

- Knowledge of market analysis tools like Bloomberg

- Experience in Investment Banking / capital markets domain is mandatory

- At least 1 year of experience in Net Asset Value(NAV) calculation.


b)    Additional qualifications


- Masters degree in Financial management / Commerce etc.


Why join us

“We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”.

Business insight

At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices and sharing their skills with charities. There are many ways to get involved.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 210006ZW
Entity: SG Global Solution Centre
Starting date: 2021/05/24
Publication date: 2021/03/15