FUND ACCOUNTING AND RECONCILIATION SPECIALIST HF

Job description

Entreprise:
CACEIS is the asset servicing banking group of Crédit Agricole dedicated to institutional and corporate clients.
Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution,
clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund
distribution support and issuer services.
With assets under custody of €2.5 trillion and assets under administration of €1.6 trillion, CACEIS is a European leader
in asset servicing and one of the major players worldwide (figures as of 31 December 2016).
Poste et missions:
The department Accounting & Controls calculates the net asset values of investment funds and reconciles the results
with the figures given by the various investment companies. CACEIS acts as a custodian and is obliged to verify the
fund prices and valuations. Additionally it is ensured by the department that the fund obtains all assets which are
reported via the fund price to the investor.
The holder of the position will learn und understand how the various asset classes bought and sold by an investment
fund (e. g. securities, bonds, fx forwards, listed futures and options, OTC products like credit default swaps,
corporate actions) are to be accounted and how they influence the value of the net asset value of the fund. Besides a
financial products know how, the holder of the position will learn and understand the settlement of the various financial
products and will investigate on a detailed level discrepancies between the client's and CACEIS's results.
Your main missions will be:
- Booking securities-, futures/options, foreign exchange forward contracts, over the counter derivatives and cash
transactions
- Booking corporate actions
- Checking and releasing payments
- Checking fund prices to the investment company
- Reconciling positions of the bank with the results of the fund accounting systems.
- Checking and clarifying discrepancies with the management companies, internal departments and CACEIS entities in
France and Luxembourg
- Supporting internal projects
Profil:
First experience in the banking industry and basic knowledge of financial products would be a plus.
Required skills
Hard Skills:
- Basic knowledge of financial markets
- Basic knowledge of financial products (equities, bonds, fx forwards, futures, options)
- Basic knowledge of accounting processes
Soft skills:
- Capacity for teamwork
- Accuracy and reliability
Technical skills
- Microsoft office,
- Fund accounting software would be beneficial