Implementation Associate ( Data Migration )

Implementation Associate ( Data Migration )

 

Job Summary  

The Data Migration position will cover booking all the trades/tax lots/positions, pricing of securities, calculation P&L, booking non trading accruals, bringing cash balance in line and tie-out the NAV to match the fund administrator. The objective of the Data Migration team is to ensure that when the client starts trading out of Enfusion system they have a clean P&L and NAV as a starting point.  

 Responsibilities

• Perform conversion projects for migrating clients’ data from their fund administrators or legacy systems to Enfusion software 

• Responsible for Trade/Position/Cash reconciliations 

• Identify and determine the root cause of breaks - performing the daily and monthly tasks related to P&L, Reconciliations and Financial Statements review 

• Processing Corporate Actions – both mandatory and voluntary 

• Clear understanding of tax lot methodologies: FIFO, High Cost, Min Tax, processing manual Lot Unwinds, Options Assignments and Exercises, Swap Resets and FX Rolls 

• Perform monthly Trial Balance Reconciliations against fund administrator data and NAV validation 

• Regular status update on the projects 

• Be an SME and a point of contact for resolution of operational issues and work on ad-hoc client projects 

 Required Skills

• Should have performed data/portfolio migration for hedge funds, asset management companies 

• Financial domain knowledge: Cash Equities, Foreign Exchange (FX), Listed and OTC Derivatives, Fixed income, Exotic and Structured Products.= 

• Hands on experience in reconciliations, processing corporate actions, accrual postings, GAV, NAV calculations 

• Understanding of reference data, trade capture, corporate actions, P&L calculations.  

• Experience in Geneva, EZE, VPM, Bloomberg, Reuters will be an added advantage 

• Detail-oriented and analytical 

• Ability to handle and prioritize multiple tasks and work independently. 

• Excellent verbal and written communication skills 

• Must be flexible to work in all three shifts – APAC, EMEA, US 

 Education & Experiences

•  Bachelor’s degree in finance, Accounting, Economics, or related field 

• 1 +years of experience in Middle/Back Office/Fund accounting role at a Hedge Fund, Prime Broker or Fund Administrator 

 

 

 

Experience Level

Mid Level