Manager - Cash & Position Reconciliation

FIND YOUR 'BETTER' AT AIA
- We don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us._
- We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives._

If you believe in better, we’d love to hear from you.

About the Role

GIPS Operations Team, provide customized advice and innovative products to our clients namely, LBUs, and AMCs. As part of our commitment to excellence, the GIPS Operations team manages booking of trades and cash in our investment system. We also provide trade settlement, cash and position reconciliations, oversight, and EMS-IBOR management services.

To support us in these endeavors, we are seeking an experienced operations applicant who is adaptable, self-sufficient, and can proactively employ existing skills to support and enhance the Investment Operations function. This varied role necessitates adaptability and team management to support daily BAU tasks, produce MI, conduct process and incident analysis, support change, regulatory and new business initiatives, and liaise with internal teams and external counterparties. We strive for excellence in every aspect of our work and acknowledge and reward exceptional performance.- Perform and review daily Cash and Position reconciliations, investigate breaks, ensure timely escalations to relevant parties, and resolve breaks by posting necessary adjustments.- Perform and review daily portfolio price variance check for all the Investment Portfolios and Composites.-
- Track all internal and external limits and escalate breaches to management.- Investigate trade break queries raised by the Back office, analyze trade booking/recaps, amend trades in risk management & work with the front office to assess PNL impact.- Produce management information reports for senior management.- Ensure that appropriate and documented internal controls and procedures are in place. Monitor operation & conduct regular review to ensure that they reflect any changes in products, systems, policy and regulations.- Liaise with an internal and external audit to manage follow-up on audit issues and ensure smooth audit completion.

Job Requirements:
- Good understanding and experience of Fund Accounting including Net Asset Value (NAV) calculation- Excellent knowledge of financial products such as equities, fixed income, derivatives and private equity.- Knowledge & experience of booking of cash and security trades for all types of asset classes.- Knowledge of Bloomberg & experience of booking various Corporate Actions.- Flexible team player and ability to multi-task.- Stakeholder relationship management skills.- Strong control and problem-solving skills.- Experience in managing projects with remote stakeholders and users.- Ability to hold delivery partners in operations and technology teams accountable.-
- Experience in Aladdin will be an added advantage.- Deep understanding of front-to-back processes and platforms around trade lifecycle, ideally derivatives and issuance/lifecycle of Structured Notes.- Can operate effectively in a dynamic environment with tight deadlines and can prioritize one's work to achieve them.- Control mindset to identify process control gaps, prioritize & mitigate operational risk.- Analytical mindset and excellent attention to detail- Ability to multi-task effectively in order to meet tight deadlines.- Ability to negotiate & influence at appropriate levels.
- Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._