Description
Primary functions and essential responsibilities
Perform reconciliation on par traded quantity, ensure trades are in line with counterparty Timely crosschecking of trades with funding memos/Clear Par, booking trade fees as per funding memo, and settle with correct quantity Keeping check on payout letters/distressed trades Problem solving, keen eye to breaks for position and cash, reaching out agent bank or admin for recon breaks Knowledge on the trade closure and settlement. Experience in warehouse closings and portfolio redemption trade settlements. Knowledge on loan restructure and corporate action events Knowledge on Non Loan settlements – FX and Bonds. Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy Proactively research, resolve and prevent all settlement and corpo...