Trade Expense Role - Investment Bank

Trade Expense- Investment Bank

Job Opportunity with Leading Investment Bank

Location : Mumbai

Need : 1- 4 yrs

Roles & Responsibilities :

- Daily reconciling the broker invoices to in-house data & solving the discrepancy if any.

- Actively engage with Business Managers and Regional Controllers.

- Allocation through journal entries of trade costs i.e. Exchange, Clearance, Brokerage, Central Security Depository fees etc.

- Dealing with ad hoc queries from a number of different sources - business managers, Traders, senior management and regional controllers.

- Continuous monitoring ledger, review and tracking of expenses and analyzing with actual invoices. Improve costs allocation methodology to the front office using correct source of volume data

- Model various cost saves scenarios based on effective Trade data interpretation.

- Ensure internal / external audit compliance