cfs middle office - cmo - mumbai

posted
contact
randstad india
position type
contract
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posted
location
mumbai, maharashtra
function
Banking & finance
position type
contract
experience
4
reference number
59691
contact
randstad india

job description

cfs middle office - cmo - mumbai

Job Decription: Candidate should be from Income events announced in US market, team is responsible to process payments to record date holders (custody clients) of the security on pay date. Funds received from market (Paying agents / DTC / FED) are reconciled and any excess money received which is not due to JPM client but is due to broker / counterparty is parked to DTM (Due to Market) account awaiting claim from broker.
He/ She will be responsible to reconcile funds outstanding in DTM account, identify the owner of those funds basis entitlement rules and perform outreach to the owner to claim funds from JPM. Should be able to understand Entitlement rules for Income / dividend events and manage communication with brokers, paying agents, US depositories and Middle office teams.
Canddiate should be a team player, Good communication, Good understanding of reconciliation rules. Flexibility in shift timings.
Must have Tech skill set - Strong Knowledge in MS Excel, Good oral and written communication,

skills

Reconciliation, payments, DTM, DTC, FED

qualification

B.Com, BBA