Senior Associate – Hedge Fund Services

January 9, 2024

Senior Associate – Hedge Fund Services


  • Standard / Permanent
  • IN-TN-Chennai
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Job Description


  Senior Associate







Business Line / Function:


Reports to:


Assistant Manager


(if applicable)


Number of Direct Reports:


Directorship / Registration:

Position Purpose

Independent delivery of accurate and timely NAVs for hedge funds.


Direct Responsibilities

  • Independent delivery of accurate and timely NAVs for hedge funds – with extremely high volume or / and very high complexity (having  equities, bonds, future, options, CDS, EQS, etc. as holdings) by completing all of the following processes:
    • Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks
    • Income reconciliation (dividends and interest)
    • Manual Pricing and Pricing review
    • P&L review and Tolerance checks
    • Fees accrual, management and performance fee calculation and booking
    • Capital bookings and reconciliation with Investor services system reports
    • TB tie out and compiling NAV pack
  • Could be required to review simpler hedge fund NAVs

Contributing Responsibilities

  • Delivery on audit requests and resolution of all queries on a timely basis
  • Participation in system development projects, process change projects, etc.
  • Ensure appropriate checks and procedures are followed to maintain high quality deliverables and to avoid internal audit and ISAE findings
  • Compliance with all internal organizational and business policies
  • Troubleshoot issues of other team members and mentor / coach / buddy them

Technical & Behavioral Competencies

  • Strong hedge fund accounting or hedge fund reconciliation experience (understanding of process and business required).
  • Should have deep working knowledge of asset classes like equities, bonds, futures, options and swaps i.e. how they operate in real world.
  • Experience on Advent Geneva system would be preferred – an added advantage.
  • Decent experience on Microsoft Excel – Pivots, financial functions, etc.

Specific Qualifications

Post-Graduation in Finance (Graduate in Accounting with courses in capital markets may also apply)        

Skills Referential                                         

Behavioural Skills: (Please select up to 4 skills)

Communication skills – oral & written

Ability to collaborate / Teamwork


Active listening

Transversal Skills: (Please select up to 5 skills)

Ability to understand, explain and support change

Analytical Ability

Ability to develop and leverage networks

Ability to anticipate business / strategic evolution

Ability to manage / facilitate a meeting, seminar, committee, training…

Education Level:

Master Degree or equivalent

Experience Level

At least 2 years

Other/Specific Qualifications (if required)

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