Reconciliation Analyst - Mutual Fund Operations

Reconciliation Analyst - MO Ops

About Our Company

Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection.

Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Job Description

The purpose of this position is to reconcile daily and/or monthly portfolio holdings, market value and reporting activities for Institutional clients. Perform daily research and clearance of reconciliation items, including trading issues, pay down, term loan, corporate actions, dividend re investment, security mapping .Review and resolve problems for the assigned portfolios and communicate with various internal & external departments as needed.

Key Responsibilities
Reconcile daily and/or monthly portfolio holdings, market value and reporting activities for Institutional Clients. Perform daily research and clearance of reconciliation items, including trading issues, pay down, Term loan, corporate actions, dividend re investment, Security Mapping. Review and resolve problems for the assigned portfolios and communicate with various internal & external departments as needed. Provide coverage for operational processing activity across other Investment Operations teams during peak periods
Ensure procedures and controls are followed to prevent errors and delays. Provide quality service and information to partners/clients.Provide information and answer questions for audits and risk assessments i.e. from external and internal audit and risk functions.
Participate in standardization and continuous improvement initiatives.
Attend huddles, team meetings, trainings and coaching.

Required Qualifications
1-3 years of relevant experience.

Preferred Qualifications

• Ability to work independently as well as collaborate with cross-functional teams. Good analytical, quantitative & problem-solving skills and ability to use statistical analysis and modeling.
• Basic MS – Word / Excel, Outlook knowledge. Knowledge in Accounting & Securities market/Investment products. Knowledge of Investment tools (like Bloomberg), Portfolio management tool (Aladdin) will be an added advantage. Must have good communication skills (written and oral), interpersonal skills and be an effective team player.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Full-Time/Part-Time

Full time

Timings

(4:45p-1:15a)

India Business Unit

AWMPO AWMP&S President's Office

Job Family Group

Mutual Fund Operations

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Experience Level

Mid Level