Join The Dynamic Financial Services Team at FIS: Career Opportunities in Capital Markets
About FIS
FIS, or Fidelity National Information Services, is a prominent global financial technology and services company. It specializes in providing a wide array of solutions to the financial industry, including banking, payments, wealth management, and risk management services. FIS plays a pivotal role in enabling financial institutions and businesses to streamline their operations, enhance customer experiences, and stay competitive in the rapidly evolving financial landscape. With a strong focus on innovation and technology, FIS continues to be a trusted partner for organizations seeking to navigate and thrive in the modern financial ecosystem.
Position Type: Full-time
Type Of Hire: Experienced (relevant combination of work and education)
Education Desired: Bachelor of Commerce/Business
Are you curious, motivated, and forward-thinking? At FIS, you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate, and, above all fun.
About the Team
This position is for the BPaaS team within Capital Markets managed services, which supports US clients. The team is responsible for Accounting, processing transactions, reconciling clients’ holdings and cash with custodian data, performing fund accounting tasks, loan administration, pre & post-trade settlement, and maintaining appropriate documents required as per regulatory norms for clients.
Job Description
- Processing transactions
- Updating security information (e.g., prices, ratings, cash flows).
- Reconciling clients’ asset holdings and cash with custodian.
- Communicating and interacting with the business unit for query resolution.
Understanding and processing corporate actions. - Reconciling cash and custody activity for clients involving complex transactions, reversals, structures, and processing transactions related to security setups, acquisitions, disposals, incomes, paydown, pay up, maturity, write down, and donation write-off.
- Performing general ledger account reconciliations and maintenance.
- Reporting discrepancies that arise in a prompt and professional manner to the client, ensuring follow-up and reconciliation in a timely manner.
- Providing on-the-job training to new staff and assisting new staff with the understanding of job responsibilities.
- Performing any ad hoc tasks allocated by lead/manager.
- Elevating unresolved issues/problems to seniors.
Knowledge/Experience
- Should have 1-4 years of experience in Financial services, preferably in Fund Accounting (Hedge Funds, Mutual Funds, Insurance Funds).
- Domain knowledge of financial products like Bonds, Mutual Funds, Derivatives, Equities, MBS is mandatory.
Knowledge of reconciliation (Cash, Stock), Fund accounting, Trade processing, and settlements. - Experience working on FIS products i.e., IntelliMatch, Investran, VPM would be an added advantage.
Skills
- Strong understanding of Capital markets, Reconciliation (Assets, Cash), Portfolio Accounting, Security Setups.
- Proficiency in Microsoft Excel. VBA Macro skills will be an added advantage.
- Strong written and verbal communication skills.
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Qualifications
Master’s Degree in Commerce.
Competencies
- Collaborative – Collaborate with different groups and complete assigned tasks.
- Highly analytical, organized, detail-oriented, self-motivated individual who can handle multi-tasking.
- Self-starter but team mindset – work as part of a global team.
- Ready to work in flexible shifts to support US clients.