Mutual Fund Revenue - Management Trainee

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.   Inviting applications for the role of Process Developer/Management Trainee - Mutual Fund Income, Wealth Operations Responsibilities

In this role, you would be responsible for responsible for back-office functions for our client.  In Back-office functions you will primarily be working on Mutual Fund Income. You will be responsible for pre-balancing of income payments for Mutual Funds and need a sound understanding of flow of cash from Fund Manager to Custody to client. Will be working on releasing payments to all clients on the pay date within the defined SLA. Completing post-balancing activities such as clearing out of balances, following up with Fund Managers / custodians regarding income discrepancies and handling income claims from counterparties. 

Job Responsibilities & Preferred skills

•    Good understanding of financial products like Mutual Funds. •    Good knowledge of all types of Mutual Funds such as Unitised, Private Equity, Limited Partnership, Non-unitised, Monthly series and daily and monthly funds etc. •    Good knowledge and understanding of Income pre-balancing and posting tasks •    Hands on experience around Mutual Fund Income, equalisation and required documentation. •    Should have worked Income pre-balancing or income processing roles  •    Should have knowledge of the Mutual Fund income cycle •    Should understand the risk of not processing Mutual Fund Income. •    Experience of posting transactions on accounting book for exception resolution would be required. •    Good knowledge of MS Excel is required.  •    Experience of applications like Global Plus, AddVantage & Trust Desk applications would have added advantage.  •    Candidate should have a good understanding around Risk and Control framework. •    Establish strong relationship with onshore counterparts and should be capable of handling Onshore Queries. Qualifications 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. Previous experience in a middle/back office in Financial services firm.

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. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. 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 'starter kit,' paying to apply, or purchasing equipment or training.