Associate - Loan Fund Operations WSO

Job Overview

• Designation: Associate
• Years of Experience: 2 to 4 yrs
• Reporting Line: Delivery Manager/ Assistant Director
• Location: Gurgaon ( Hybrid )
  
  

Job Purpose

The job role is in the Private Markets division at Acuity, one of the fastest growing segments within the firm. This opportunity is ideal for a private equity /investment banking / strategy consulting professional who is interested in working with leading global private equity funds and corporations.

Key Responsibilities

• Supporting a US based PE firm in WSO implementation
• Daily cash and position reconciliation of private equity funds
• Identifying the cash and position breaks and reporting to respective stakeholders
• Three-way Position reconciliation between WSO, Custodians and Fund Administrator (Par value, Cost and Market Value reconciliation)
• Reconciling the historical entries to clear and report the aged breaks
• Recording and monitoring activities (capital calls, distribution, prepayment, and debt servicing etc.)
• Setting up WSO for new loans by going through Credit agreements, term sheet and other legal documents
• Loan servicing in WSO i.e., rollover, payments, borrowing, fees, spread changes, maturity date update, etc. as per agent bank notices
• Trade settlement as per custody cash movements
• Interacting pro-actively with various stakeholders like custodians, banks, and PE fund managers on a day-to-day basis
• Manage month end closing activities
• Setting up SOPs (Standard Operating Procedures) by laying down the processes and internal check frameworks to achieve the overall objective
• Client Management: Understanding project request, negotiate deadline and handling client queries
• Project Management: Project structuring, planning, conceptualizing output
  
  

KEY COMPETENCIES

• B.Com Graduate/MBA Finance
• 2-4 years of experience in fund accounting, Asset servicing, cash, and position reconciliation of private equity funds
• Knowledge of databases Markit (for notices), Geneva reporting (cash and Long-short position)
• Experience in working on WSO
• Strong in finance fundamentals and analytical skills
• Excellent in MS Excel to process varied data sets
• Strong written and verbal communication skills
• Ability to work effectively under tight deadlines
• Dedicated and motivated individuals having demonstrated academic excellence with project management, client relationship management, analytical, and teamwork skills
  
  

Acuity Analytics has earned several prestigious industry recognitions, including Great Place to Work® certifications in India and Costa Rica, AVTAR Best Companies for Women in India, the AVTAR Most Inclusive Companies Index, and Silver accreditation in the Workplace Equality Index. These accolades reflect our commitment to building an inclusive, supportive and high-performance workplace for our people.

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