Senior Associate

January 8, 2024

Senior Associate


  • Standard / Permanent
  • IN-MH-Mumbai
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Job Title:

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:

o   Cash and position reconciliation (accounting vs PB and 3 way); with resolution of breaks

o   Income reconciliation (dividends and interest)

o   Manual Pricing and Pricing review

o   P&L review and Tolerance checks

o   Fees accrual, management and performance fee calculation and booking

o   Capital bookings and reconciliation with Investor services system reports

o   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

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