Hello Everyone,
Kindly Confirm NOC for the below roles and responsibilities, I'm stuck here and confused and depressed.. Confused between 1112, 1114 and 1311.
International Income (Feb 2017 - Ongoing)
Role and Responsibilities: Senior Financial Analyst
Verifying activities performed by team members and ensuring the output production meets quality
standards.
Valuation and pricing of in-house unit trusts and daily review of diversified transactions, performing
maintenance on assigned accounts according to procedures, including checking and correcting
discrepancies.
Calculate and manage income distributions to unit holders independently complete cash, portfolio and
capital reconciliations, investigate and resolve any discrepancies and Accountable for control of custody
and brokerage
Independently complete income and expense allocations including calculating asset based fees and
performance fees.
Co-ordinate with various other Teams such as Transaction’s Team which is responsible for bookings,
Reconciliation’s team, corporate action’s team and various other supporting teams and also includes
sub-custodians and UTM’s.
Plan and keep management updated on forthcoming volumes expected and resource planning.
Analyzing of various reports that come under the purview of Unit Trust Income team.
Monitor compliance with various client service agreements.
Maintain contact with Investment Managers, Banks, Custodians and Brokers.
Operate as a contact point for clients; being able to respond to and resolve queries or escalate where
necessary.
Participate in the fiscal yearend audit process and provide information to auditors as required.
To create, maintain and update procedures for assigned funds.
Assisting Portfolio Admin analysts & Managers in getting resolution on aged exceptions.
Initiating weekly proof and control calls with onshore teams and providing the updates and resolutions
on identified risk related exceptions.
Coordinating with Confirmations, settlements and reconciliation teams over invalid deals, missed
payments and duplicate payments done and resolving them until cleared.
Preparation of MIS reports and End of day reports and communicating the same to the management and
other teams in different hubs.
Following up with the concerned teams involved in trade life cycle to ensure payments are done before
currency cutoff in order to avoid any late payment charges/claim amount.
Ensure that no breaks are unresolved and to escalate the same to the management for further action and
being proactive in resolving queries and escalate immediately to the supervisor on any issue.
Carry out Ad-Hoc activities on a daily and month end basis in accordance with client’s request.
Works with control team on various checks and projects.
Train and support team members in their development.
International Income (2014 - 2017)
Roles and Responsibilities: Financial Analyst
Analysis and reconciliation of the dividend received on shares from Sub custodians and payment to the
respective client under Northern custody.
Execute the financial control elements covering assets, liabilities, income and expenses, and equity.
Processing dividends for the clients and bridging of the gap between processes related to Income (Tax,
Settlement and Trade period) and making sure the client is paid on the pay date (Contractual market).
Tax Calculations (Reclaims, Refunds) depending on country of Domicile.
Liaise with various internal /external parties.
Calculation of discrepancy in corporate action events, shares entitlement, pricing and liaising with
custodians and brokers on discrepancies in corporate action events
Responsible for clearing all outstanding breaks in nostro accounts.
Following up with clients as well as nostro agent banks for non-receipt of funds.
Processing payments missed by settlements team and also settlement of claim/interest/charges amount to
clients via SWIFT and RTGS (MT564 and MT566).
Passing ledger entries in order to clear the breaks outstanding in trading as well as nostro accounts.
Forwarding swift messages pertaining to FX/MM deals to the concerned teams for action.
Sending 199/299 swift messages to the counterparty for non receipt of funds and also to our nostro agent
in cases where our account is not yet debited.
Analyzing of various reports that come under the purview of International Income team.
