As one of the world’s leading asset managers, Invesco is dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world.
If you're looking for challenging work, smart colleagues, and a global employer with a social conscience, come explore your potential at Invesco. Make a difference every day!
Job Description
Job Purpose: Under general supervision and within established policies & procedures, provides operational support including all aspects of Portfolio Administration & Reconciliation, as well as making recommendations to improve policies and procedures.
Key Responsibilities / Duties:
- Perform Client level reconciliation for Cash & Positions between Invesco Portfolio accounts and relevant sponsor accounts
- Restrict the accounts from trading due to account discrepancies and pending reconciliation in the Invesco portfolio accounting system
- Perform account maintenance functions including: New account setup, Terminations, Conversions, contributions/withdrawals, tax harvests
- Placing security and industry level restrictions in the portfolio accounting system.
- Adding financial advisor information to the portfolio accounting system to reconcile with Sponsor data
- Monitoring sponsor websites and applications for various client requests
- Reconciling cash, positions and market value on portfolio accounting system to the custodian’s record on manually reconciled accounts.
- Downloading Sponsor reports & Updating and Comparing Unified Managed Accounts (UMA) Models depending on the Sponsor
- Proactively contribute ideas and participate in continuous improvement initiatives
- Monitor and report the cash and position discrepancies in a timely manner to the trading desk.
- Research of various corporate actions discrepancies like stock split, reverse split, spin off, bonus etc.
- Identify & resolve individual account discrepancies accurately and efficiently, to ensure systems are ready for trading
- Reviewing and identifying items in the Operations Global mailbox
- Ensure the process procedures are up to date
- Proactively identify potential operational risks, suggest mitigation strategy to manager and lead the implementation of the agreed upon mitigation strategy
Working Conditions:
- Normal office environment with little exposure to noise, dust and temperatures.
- Willingness to work in Nigh Shifts
- Overtime, off hours support
- Participate in Business Recovery testing on an as-needed basis as defined by Manager
Work Experience / Knowledge:
- 1 to 3 Years Investment Operations Industry Experience
- Sound Knowledge of Investment products globally is required
Skills / Other Personal Attributes Required:
- Team player
- Good communication skills
- Open minded, flexible, and willing to listen for other people’s opinions.
- Good understanding of Separately Managed Account process flows.
- Good Understanding of Quality and process improvement concepts.
Formal Education:
- MBA or any other Professional qualification with Finance as Major Specialization.
Full Time / Part Time
Full time
Worker Type
Employee
Job Exempt (Yes / No)
NoWorkplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
Why Invesco
In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.
We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).
What’s in it for you?
As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.
Our benefit policy includes but not limited to:
- Competitive Compensation
- Flexible, Hybrid Work
- 30 days’ Annual Leave + Public Holidays
- Life Insurance
- Retirement Planning
- Group Personal Accident Insurance
- Medical Insurance for Employee and Family
- Annual Health Check-up
- 26 weeks Maternity Leave
- Paternal Leave
- Adoption Leave
- Near site Childcare Facility
- Employee Assistance Program
- Study Support
- Employee Stock Purchase Plan
- ESG Commitments and Goals
- Business Resource Groups
- Career Development Programs
- Mentoring Programs
- Invesco Cares
- Dress for your Day
In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.
To know more about us
About Invesco: https://www.invesco.com/corporate/en/home.html
About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html
About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html
About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html
Apply for the role @ Invesco Careers: https://careers.invesco.com/india/
Top Skills
Invesco Hyderabad, Telangana, IND Office
Survey # 66/1, 14th &15th Floor, Block 6, North Tower DivyaSree Orion, SEZ Raidurgam, Madhura Nagar Colony, Hyderabad, Telangana, India, 500032
