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