Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.
Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.
For more information, please visit https://www.russellinvestments.com.
Job Description:
As Reconciliation and Corporate Actions Analyst, you will provide operational support and services for both internal and external stakeholders, ensuring the accurate management of reconciliation processes and corporate actions across equity, fixed income, and FX transactions. You will represent Global Operations to the highest standards, ensuring seamless execution of trade lifecycle management, reconciliation, corporate actions, and reporting processes. This position will involve collaboration with portfolio managers, analysts, traders, and other internal teams to drive operational excellence, mitigate risks, and enhance efficiency across various financial products globally.
Years of ExperienceAt least 3-5 years of previous experience in the financial services industry, ideally in an operations or reconciliation capacity within an asset management firm or financial institution.
Qualifications
Ability to thrive in dynamic and fast-paced environments, handling ambiguity and change effectively.
Highly organized, detail-oriented, and comfortable working with large datasets, ensuring precise data accuracy.
Solid understanding of the securities and fund industry, particularly in equity, fixed income, and FX products.
Strong computer skills, including advanced proficiency with Excel and Microsoft Office Suite. Knowledge of database applications or programming languages like SQL, VBA, or Python is a plus but not required.
Strong intellectual curiosity and the ability to conduct deep dives into new subject areas.
Ability to adapt quickly to changing circumstances and embrace new opportunities.
Responsibilities
Oversee the reconciliation of equity, fixed income, and FX transactions, ensuring accuracy across systems such as Bloomberg AIM, State Street, and JPMorgan.
Ensure accurate account closures and handle final reconciliation requests from fund administrators.
Perform detailed position reconciliations, including cash reconciliation, dividend tax postings, margin movements, and corporate actions.
Collaborate with portfolio managers, analysts, traders, and internal teams to ensure accurate and timely reconciliation of positions, trades, and corporate actions.
Work with internal and external stakeholders to manage corporate action operations, ensuring proper processing of dividends, tax adjustments, mergers, and other corporate events.
Review, analyze, and investigate discrepancies in daily, monthly, and quarterly reports, addressing issues promptly.
Drive change through workflow and technology upgrades to improve the corporate action and reconciliation process.
Generate and review pivot tables, NAV comparison reports, and other financial documentation to ensure data accuracy.
Maintain detailed documentation and inventory of all reconciliation and corporate action processes.
Monitor and mitigate operational risk, ensuring the accuracy and integrity of data across all financial operations.
Continuously evaluate and improve operational processes to increase efficiency, reduce risk, and ensure compliance with regulatory requirements.
Provide support in analyzing data and presenting analytics to improve decision-making and streamline processes.
Ensure confidentiality of sensitive company data and adhere to operational best practices.
Maintain exemplary conduct in line with the organization’s Code of Conduct and values.
Candidate Requirements
Strong proficiency in Microsoft Excel, with advanced data analysis and reporting capabilities.
Familiarity with Bloomberg AIM, State Street, and other financial systems.
Previous experience with corporate actions, trade reconciliation, cash, and position tracking.
Experience with trading and portfolio management systems, preferably in an asset management environment.
Ability to manage multiple priorities and meet deadlines in a high-pressure environment.
Strong interpersonal, written, and verbal communication skills, with the ability to work collaboratively across teams.
Core Values
Strong organizational skills with the ability to manage shifting priorities effectively.
Proactive problem-solving with strong judgment and decision-making capabilities.
Highly resourceful, collaborative team player, and able to work independently with a sense of urgency.
Results-driven, with a customer-focused approach to delivering operational excellence.
A forward-thinking individual who seeks opportunities for continuous learning and proposes innovative solutions.
Ability to maintain discretion and confidentiality in all professional matters.
Demonstrates integrity, values the people you work with, and upholds the organization’s commitment to exceeding client expectations.
At Russell Investments we are committed to diversity and inclusion, ensuring that all employees have a supportive and empowering work environment. We are looking for an individual who is passionate about operational excellence, client success, and continuous improvement within the financial services industry.
