Crisil - Senior Analyst - High Net Worth Portfolio Services (5-8 yrs)

About CRISIL Limited:

- CRISIL is a leading, agile, and innovative global analytics company driven by its mission of making markets function better.

- It is Indias foremost provider of ratings, data, research, analytics, and solutions with a strong track record of growth, culture of innovation, and global footprint.

- It has delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers through businesses that operate from India, the US, the UK, Argentina, Poland, China, Hong Kong, Singapore, Australia, Switzerland, Japan, and the United Arab Emirates (UAE).

- It is majority owned by S&P Global Inc, a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.

- CRISIL is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, military veteran status, unemployment status, or any other status protected by law.

- To know more: www.crisil.com

About CRISIL Global Research & Risk Solutions (GR&RS):

- CRISIL GR&RS is a leading provider of high-end research, risk and analytics services.

- We are the world's largest provider of equity and fixed-income research support to banks and buy-side firms.

- We are also the foremost provider of end-to-end risk and analytics services that include quantitative support, front and middle office support, and regulatory and business process change management support to trading, risk management, regulatory and CFO functions at world's leading financial institutions.

- We also provide extensive support to banks in financial crime and compliance analytics.

- We are leaders in research support, and risk and analytics support, providing it to more than 75 global banks, 50 buy-side firms covering hedge funds, private equity, and asset management firms.

- Our research support enables coverage of over 3,300 stocks and 3,400 corporates and financial institutions globally.

- We support more than 15 bank holding companies in their regulatory requirements and submissions.

- We operate from 7 research centers in Argentina, China, India, and Poland, and across several time zones and languages.

Department: GR&RS

Job Description:

Summary:

- The High Net Worth Portfolio Services Team within clients operations is responsible for the research and resolution of discrepancies identified during the reconciliation of internal accounting records and external parties.

- This role supports a rapidly evolving business working closely with internal and external parties to resolve all issues in a timely manner.

- This individual should be able to work in a fast-paced environment and work well under pressure.

- The ideal candidate for this role is expected to have thorough knowledge and experience with Cost Basis Legislation and cost basis reconciliation and an understanding of portfolio accounting for different investment products, trade life cycle management, and corporate actions.

Responsibilities:

- Daily reconciliation to the records of our clients custodians

- Cost basis reconciliation comparing portfolio accounting to the custodian records for open and closed tax lots

- Working closely with other areas of operations to resolve breaks, including Trade Support, Corporate Actions, Pricing, and Security Setup teams

- Communicate with outside custodians as needed

- Cost basis reconciliation project work

- Enhance existing processes and procedure to more efficiently address backlog of equity and mutual fund open and closed lot breaks

- Stand up new processes and procedures to start daily reconciliation of fixed income and options breaks

- Stand up new open and closed lot reconciliation for major outside custodian vs. in house accounting

- Stand up cost basis recon oversight model for new tax managed strategy using a 3rd party accounting platform

- Plus various ad hoc projects as needed

Requirements:

- 5-8 years Experience with middle office, reconciliation, asset manager or prime broker required

- Prior Cost Basis Reconciliation experience required

- In depth knowledge of Cost Basis Legislation required

- General product knowledge (Equities, FX, Fixed Income, Options, Bank Debt, Mutual Funds, etc.)

- Excellent time management and organizational skills required with the ability to prioritize and multitask effectively

- Must be detail-oriented with exceptional analytical and research skills

- Basic understanding and working knowledge of the operational aspects of fixed income products, cash, equities, and their related standard settlement mechanisms

- Must be proficient in Excel using pivot tables, vlookups, macros, and If/Then statements

- Excellent verbal and written communication skills

- Working knowledge of SunGard Advantage or other Trust Accounting platform, Broadridge

- Proactive or other Reconciliation platform highly valued

Mandatory Skills: Reconciliation, Capital Market, asset management

Education Qualification: MBA