Settlements Analyst

This role is part of the Global Operations team operating out of the US, UK and India. Its purpose is to ensure timely and accurate settlement of domestic, foreign and currency transactions for all product types. This includes all operational aspects of processing transactions from trade confirmation, instruction, fail management, country opening documentation, and reconciliation. It is also responsible for Fund Order/Unit dealing processes and for managing broker/counterparty, custodian and trader relationships.

Key Responsibilities

• Contact brokers or review electronic trade matching to ensure domestic and international trades are matched on key trade information Instruct the custodians to ensure timely settlements of all domestic and international transactions for all products and security types. Manually instruct on derivative and currency transactions as needed Processing of unit dealing instructions and fund to fund to orders on Claude Adequate fails management for timely resolution to minimize risk to the department Work closely with Trading teams to resolve any trade questions or corrections.
• Identify trends of failed trades to reduce risk for missing or incorrect instructions, or system limitations.
• Support Prime Broker processes including collateral monitoring, administrator correspondence, oversight, etc.
• Provide support for various projects / initiative for the Product/ Front office/ business
• Provide testing of systems, generate ad-hoc reports and assist in miscellaneous projects, as needed, for enhancements or regulatory requirements.
• Provide quality service and information to partners/clients.
• Manage relationships with brokers, custodian, prime brokers, vendors, sub-advisors and traders to ensure professional relationships
• Maintain Settlements Instruction database with broker instructions.
• Attend team meetings, leader regular meetings, trainings and contribution to innovation / process improvements in the function

Required Qualifications

• Excellent written and oral communication skills.
• Ability to collaborate and work effectively with peers, staff and business partners.
• Strong decision making abilities.
• Excellent problem solving and strong analytical abilities.
• Mutual Fund Industry knowledge a must.
• Proficient in MS Office applications

Preferred Qualifications

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U. S. based financial planning company headquartered in Minneapolis with a global presence. The firm s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if youre talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

(11:30a-8:00p) AWMPO AWMP&S Presidents Office Mutual Fund Operations