Trade Settlement Associate null

About NTT Data

NTT DATA Services is a global business and IT services provider specializing in digital, cloud, and automation across a comprehensive portfolio of consulting applications, infrastructure, and business process services. They aim to create new paradigms and values that contribute to a richer and more harmonious society by making full use of information technology.

Your role

In this role you will be responsible for the:

• You will act as an intermediary between the funds and their investment managers and serve as the official record keeper for the funds.
• Prepare daily Net Assets Values, yields, distributions, and other fund accounting output timely and accurate for subsequent review.
• Ensuring fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards.
• Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments, and calls.
• Cash Management-managing the daily cash flow of trades and monitoring fund cash flows. Process incoming and outgoing cash movements related to capital activity
• Independently complete cash, portfolio, and capital reconciliations and investigate and resolve any discrepancies
• Preparation of Investor and Client reports including Audit confirmations, Trade confirmations, etc.
• Responsible to communicate the transactions associated with the fund(s) and work closely with internal and external clients to provide accurate and thorough accounting packages.
• Identify exceptions and problems affecting accounting records and prices, communicate the same to management, and assist in their resolution.
• Correspond with external and internal stakeholders regarding day-to-day fund inquiries including entering security trades, fee payments, cash position breaks, and reconciliations.

Training & development 

NTT DATA supports and invests in its employees to develop and acquire the skills and knowledge for their roles, career progression, and growth.

Employees have access to their various development tools;

• Udemy (the leading online learning platform)
• The best external training providers for technical and professional skills development & certification
• A suite of business and management courses that they run internally
• Lunch and learns sessions
• RISE mentoring program
• They understand that coming to work is more than just a job; They care immensely about their people and their personal and professional development.

Salary & Benefits

The annual salary for this role can range from INR 2.0 to INR 3.5 LPA. (Source: Ambition Box)

Benefits they offer include:

• Healthcare & Insurance
• Life Insurance
• Disability Insurance
• Dental Insurance
• Vision Insurance
• Stock Options & Equity
• Flexible work time
• Maternity & Paternity Leave
• Gym Membership
• Employee Assistance Program

Career Progression

At NTT Data,

Being your best self – in a progressive ‘Connected Working’ environment that promotes flexibility, connection, and well-being. Where diversity and different perspectives are embraced to ensure equal opportunities for all.

To learn more about the career path click here

Work-life balance

At NTT DATA, they understand you're not just building a career - you're building a life. 

• The required schedule availability for this position is Monday-Friday (5.30 PM to 3.30 AM IST).
• The shift timings can be changed as per client requirements. Additionally, resources may have to do overtime and work on weekends basis business requirements.

Culture & vibe

Customer needs are first and foremost for the company. NTT Data strives to understand the client’s requirements and tries to resolve them on a priority basis. The company has a principle of foresight which makes them work more in advance. They don’t like to settle for the status quo and like to change or adapt to the changing needs of the industry. Teamwork is another principle that is followed in the letter. 

About You

• University degree or equivalent that required 3+ years of formal studies of Finance/Accounting principles.
• Knowledge of Capital Market.
• Good understanding of different financial instruments, derivatives & corporate actions.
• 0-1 year of experience in capital market.
• Knowledge of basic MS-Excel functions.
• Open to work in any shift per business requirement.

How to apply

To apply for this role, just click on the "Apply on employer site" button below, which navigates to the career page where the application can be submitted directly.