Trade Reconciliations Specialist

Our Partner is one of the leading absolute return/hedge fund managers, overseeing assets on behalf of institutional investors worldwide, including pension funds, endowments, insurance companies, government agencies, private banks and funds of funds.

Brevan Howard was founded in 2002 and launched its flagship global macro strategy in April 2003. It currently manages over $30bn and engages predominantly in discretionary directional and relative value trading in fixed income and FX markets, as well as the recently launched BH Digital, a division within Brevan Howard to manage crypto and digital asset strategies.

The firm employs over 1,000 personnel worldwide, including over 300 investment professionals. This global presence allows Brevan Howard to identify and source attractive investment opportunities and investment management talent wherever they may be. Brevan Howard has won several industry awards for excellence in risk management, operational robustness and investment performance.

The firm’s main hubs are London, Jersey, Geneva, New York, Austin, Hong Kong, Singapore and Abu Dhabi.

As a Trade Reconciliations Analyst, you will ensure trades, positions and cash are fully reconciled daily across the range of asset classes the firm trades. The individual is responsible for carrying out all processes and controls to maintain strong operational risk and the substantiation of the firm’s books and records.

ROLES AND RESPONSIBILITIES

• Daily trade and position reconciliations vs Prime Brokers/Clearing Houses/bilateral counterparties across the asset classes such as : Fixed Income, Equities, Rates, Credit, FX, Exchange Traded Derivatives
• Responsibility for the identification, commentary and resolution of exceptions including but not limited to:
  - Alleged trades not booked in BH systems
  - Trades booked in BH systems that do not have an external match
  - Mismatches between BH systems and external sources
• Accurate and complete EOD summary of all outstanding exceptions
• Timely escalation of all breaks to onshore team members
• Monitoring of inboxes to ensure the prompt response to incoming queries
• Training and developing expertise in industry standard reconciliation tools such as TriResolve and Gresham
• Working with technology teams to develop the reconciliations tools capabilities
• Project work to improve processes
• Build out of procedures to ensure excellent operational risk framework
• Collate reconciliation MIS for management

KEY REQUIREMENTS

• Bachelor’s degree in Engineering, Computer Science, Mathematics, Economics or related field.
• A minimum working experience of 3+ years in trade and operations.
• Strong understanding of financial markets, different financial products & front to back processes
•  Strong Knowledge of experience in operational risk and risk mitigation utilising technology, process and Controls.
• Prior experience in Cross asset classes such as: FI, FX, Credit, Rates, Equities is desirable.
• Advanced Excel knowledge and problem-solving capabilities are desirable.
• Proven experience in process improvement knowledge and techniques are desirable.
• The working hours for this role will be 1pm to 10pm IST.