Apex Group India | Analyst- Middle Office

Responsibilities

• Interact with both internal and external stake holders to resolve trade confirmation and settlement queries.
• Monitoring of transactions to confirm instructions from the client are processed in a timely and accurate manner thus ensuring timely settlement and accounting.
• Ensure that all trades are matched within market/client deadlines.
• Ensure client positions are correct and all transactions are processed.
• Work with the Custodians and brokers for timely matching and settlement.
• Reporting of exceptions in line with internal control and external client requirements.
• Resolve failed trade queries proactively.
• Ensure all errors/break down of procedure are documented as per company policy.
• Process Global Security transactions on Calypso platform within given deadlines
• Escalating exceptions and failed transaction to appropriate stake holders for early resolution.

Skills

• Working as a member of the Trade Processing team that includes trade capture, Matching settlement of Securities, FX and Money market instruments.
• Thorough understanding of all Capital market, Financial Instruments, Investment baking processes and above average accounting skills.
• Proficient in Microsoft Office Applications and strong MS Excel skills required.
• Strong analytical skills, detail orientation, service commitment, solid organizational and interpersonal skills.
• Written and verbal communication skills.
• Candidates should be willing and flexible to work in any shifts.
• Strong Written and verbal communication skills

Apex Group

Set up in 2003 with its first office in Bermuda, Apex Group was founded by Peter Hughes and works for allocators, asset managers, family offices, corporates and financial institutions. Its services include fund administration and middle office work, transfer agency, depositary and custody, corporate and management company services, banking, regulatory and compliance support, and ESG services through its Holtara business. The group's India operation was founded in 2008 and has grown to offices in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Navi Mumbai, Pune and Gandhinagar. In 2021 Apex became one of the first global fund administrators approved to operate in GIFT City, where it now has an office.

Much of Apex's finance work in India is fund accounting for hedge funds, closed-ended funds, private equity and real asset funds, with roles from fund accountant up to supervisor and senior account manager. Other finance roles cover financial reporting from associate to vice president (including Workiva implementation), middle office, corporate accounting, global payments, tax, regulatory services and transfer agency. Postings usually ask for a B.Com, M.Com or MBA (Finance), and many name CA, CMA, CFA, CPA or ACCA; some roles are open to CA or CMA freshers.

• Industry: Financial services for funds and asset managers: fund administration, middle office, transfer agency, depositary, corporate and banking services
• Headquarters: Apex Group Ltd; founded in 2003 in Bermuda, where it opened its first office
• In India: India operation since 2008, with offices in Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Navi Mumbai, Pune and Gandhinagar (including GIFT City)