Operations Analyst Job in Hyderabad at Franklin Templeton Investments

Franklin Templeton Investments is hiring for the role of Operations Analyst!

Responsibilities of the Candidate:

• Tracking KYC (Know Your Customer) and reviewing the mandatory documents for the new accounts and ensuring they are in accordance with policy & procedures. Processing Report of new account according to the client set up rules and mandatory affiliations
• Review the contract agreements with clients related to Investment Management, Custody and Trust accounts. Track funding for the accounts and prepare fee memos. Initiate Remittance and Statement events, online access and mailing the information for disclosure statement
• Set up account on global plus system and other downstream applications like IVW (Investor Workstation) and Cache. Reconcile account details from downloads received through global plus and FACT (Fiduciary Admin and Client Tool) application.
• Processing all maintenance changes on relevant systems at account/portfolio/client level. Setup additional affiliations and portfolios in the account. Review and perform Quality check for all Account/Portfolio/Client level changes submitted by the Portfolio Manager and Client Service Administrators.
• Prepare Closing Memos for account closing and follow up with the business on approvals. Track cash balances and remit amount to the client for closing accounts. Process the closing of account on global plus system. Interact with Portfolio Managers, Relationship Managers and Client Services Administrators on day-to-day production.
• Perform annual review of all custody, Trust, High Net Worth and EBT accounts and complete the checklists as per audit and statutory requirement. Respond to all process inquiries on the same day through email/phone. Follow up on the pending items from the CSA’s/RM’s or PM’s and business.
• Support the team in daily work and display teamwork. Verify and perform quality checks for the tasks assigned and performed by other team members. Participate in Disaster Recovery Exercises and any projects assigned.

Requirements:

• Bachelor’s in commerce and accounting mandatory
• Relevant experience 2 -3 years in Banking and Financial Services Industry.
• Background in finance and accounting mandatory
• Experience in related line of business desirable – Banking and Financial Services Industry (Account Opening, Maintenance and Banking process for High Net Worth/Premier Clients)
• Exposure and know-how on reviewing contract agreements of High-Net-worth Individuals – Trust, Custody, Estate, Managed and Investment Management agreements.
• Exposure on Taxation process for Trust, Custody, Estate and Managed accounts.
• Proficient in Microsoft Office skills – Word, Excel
• Ability to work with little supervision
• Ability to manage own time to meet specific deadlines • Good typing skills and eye to detail
• Excellent telephone manners and communication skills – both oral and written