Invesco is Hiring Process Associate | Finsplitz

Introduction

Are you a fresh graduate with an eye for detail, strong analytical skills, and a desire to build a career in the dynamic world of investment management? Invesco, a global independent investment management firm, is actively seeking talented Process Associates to join its robust operations teams in India, primarily in Hyderabad. This entry-level role offers a unique opportunity to contribute to critical back-office functions that support the firm’s investment strategies, ensuring accuracy and efficiency in financial data and transactions. If you are meticulous, possess good communication skills, and are eager to learn the intricacies of asset management operations, Invesco provides an excellent platform for professional growth and making a tangible impact.

Roles and Responsibilities

As a Process Associate at Invesco, you will be an integral part of the operations team, responsible for executing various daily tasks that support the firm’s global investment activities. Your responsibilities will largely involve data processing, reconciliation, and ensuring operational accuracy. Specific duties might vary based on the team (e.g., Fund Accounting, Trade Operations, Reconciliation, Data Management). Common responsibilities include:

• Data Processing & Reconciliation: Performing daily processing of financial data related to trades, investments, and fund transactions. This often involves reconciling various accounts, reports, and data sources to identify and resolve discrepancies.
• Transaction Management: Executing and monitoring transactions related to investments, such as trade capture, settlement, or corporate actions, ensuring timely and accurate processing.
• Query Resolution: Responding to and resolving routine queries from internal stakeholders (e.g., portfolio managers, compliance teams) or external clients (e.g., custodians, brokers) related to operational processes or data discrepancies.
• Reporting & Documentation: Assisting in the preparation of daily, weekly, or monthly reports. Maintaining accurate records and documentation for all processed transactions and activities.
• Quality Control: Ensuring adherence to standard operating procedures (SOPs) and internal controls, maintaining a high level of accuracy and quality in all tasks performed.
• Issue Escalation: Identifying and escalating complex issues or exceptions to senior team members or managers for timely resolution.
• System Utilization: Working with various internal systems, databases, and financial software applications to perform tasks efficiently.
• Continuous Improvement: Proactively identifying opportunities for process improvements and efficiency gains within the operations workflow.
• Compliance: Ensuring all activities comply with relevant regulatory requirements and internal policies.

Salary and Benefits

Invesco offers a competitive compensation package and a comprehensive array of benefits for Process Associates in India, reflecting its commitment to attracting and retaining talent in the financial services sector.

• Competitive Base Salary:
  • For Process Associates (0-2 years of experience), the average annual total compensation in India typically ranges from ₹3.0 lakhs to ₹5.5 lakhs per annum. This includes base salary and potentially performance-linked incentives.
  • Specific reports for “Process Associate” roles in the financial services sector in Hyderabad often indicate salaries in this range, with slight variations based on the exact nature of the role (e.g., back-office operations, data management).
• Performance-Based Incentives: Eligibility for annual performance bonuses based on individual performance and overall company results.
• Health and Wellness: Comprehensive medical coverage for employees and their families, including medical, dental, and vision insurance. Invesco typically offers an Employee Assistance Program (EAP) and various wellness initiatives to support physical and mental well-being.
• Learning and Development: Invesco is committed to fostering continuous learning and career growth.
  • Access to extensive training programs and certifications relevant to financial services, investment operations, and specific financial instruments.
  • Opportunities for skill enhancement through internal learning platforms and professional development initiatives.
  • Mentorship and guidance from experienced professionals within the firm.
  • Clear career progression paths within the operations function (e.g., to Senior Process Associate, Team Lead, Specialist roles, or even transitions to other finance/data domains).
• Work-Life Balance: Invesco promotes a healthy work-life balance, which may include options for flexible working hours or a hybrid work model where applicable.
• Global Exposure: Opportunities to work in a global financial environment, collaborating with international teams and gaining exposure to diverse markets and products.
• Retirement & Financial Security: Benefits like Provident Fund (PF) and other retirement savings plans are typically provided.
• Employee Recognition: Various recognition programs and awards to acknowledge and celebrate employee contributions.

Eligibility Criteria

Invesco seeks highly organized, analytical, and detail-oriented individuals eager to learn and grow in the investment management industry. Typical eligibility criteria for Process Associate roles include:

• Educational Qualification: A Bachelor’s degree in Commerce (B.Com), Business Administration (BBA), Finance, Accounting, Economics, or a related field. For some roles, candidates with an MBA (Finance) or relevant professional certifications may also be considered.
• Experience: Primarily for fresh graduates (0 years of experience) or candidates with up to 2 years of relevant experience in back-office operations, data processing, or financial services roles. Internships in finance or accounting are highly valued.
• Key Technical Skills:
  • Financial/Accounting Fundamentals: Strong understanding of basic financial concepts, accounting principles, and financial markets.
  • Microsoft Office Suite: Proficiency in MS Excel (basic to intermediate functions like VLOOKUP, pivot tables, basic formulas) is essential. Knowledge of MS Word and PowerPoint is also required.
  • Data Entry Accuracy: High speed and accuracy in data entry.
  • System Aptitude: Ability to quickly learn and adapt to new internal systems and financial software applications.
• Soft Skills:
  • Exceptional Attention to Detail: Meticulousness and accuracy in processing data and performing reconciliations.
  • Strong Analytical & Problem-Solving Skills: Ability to analyze financial data, identify discrepancies, and investigate root causes.
  • Good Communication Skills: Excellent verbal and written communication skills in English to interact effectively with team members and internal stakeholders.
  • Organizational Skills: Strong organizational and time management skills to handle multiple tasks and meet daily/weekly deadlines.
  • Team Player: Ability to work effectively in a collaborative team environment.
  • Proactive & Self-Motivated: A proactive approach to learning, identifying potential issues, and contributing to process improvements.
  • Adaptability: Ability to adapt to a fast-paced and dynamic work environment.

Application Process

Ready to begin your career in global investment management with Invesco? Here’s how to apply for a Process Associate position:

1. Online Application: Visit the official Invesco Careers website (careers.invesco.com) or reputable job portals like LinkedIn, Naukri.com, or Indeed. Search for “Process Associate” or “Operations Analyst” roles in India (specifically Hyderabad).
2. Resume Submission: Prepare a well-crafted resume that highlights your academic qualifications, any relevant internships or projects in finance/accounting, your proficiency in MS Excel, and your strong analytical and detail-oriented skills.
3. Initial Screening: If your qualifications align with the role, a recruiter will conduct an initial phone or virtual chat to discuss your background, interests, and general fit.
4. Online Assessment (Common): Many processes include an online assessment covering:
   • Aptitude Test: Numerical reasoning, logical reasoning, and verbal ability.
   • Basic Finance/Accounting Test: MCQs on fundamental financial concepts.
   • Attention to Detail Test: Exercises designed to test accuracy and meticulousness.
5. Interview Scheduling: Candidates who successfully clear the initial screening and assessments will be invited for subsequent interview rounds.

Interview Process

The interview process for a Process Associate at Invesco is designed to assess your technical fundamentals in finance, your analytical abilities, attention to detail, and cultural fit within a professional financial services firm. It typically involves a few rounds:

• Technical Interview (1-2 rounds): These rounds focus on your core finance and accounting knowledge.
  • Financial Concepts: Questions on basic accounting principles, types of financial instruments (equity, debt), financial statements (Income Statement, Balance Sheet), and reconciliation concepts.
  • Investment Basics: Very basic questions about capital markets, mutual funds, or other investment vehicles might be asked to gauge your interest.
  • Excel Skills: You might be asked practical Excel questions or hypothetical scenarios requiring you to explain how you would use functions like VLOOKUP, pivot tables, or basic formulas for data processing or reconciliation.
  • Problem-Solving Scenarios: You may be presented with a hypothetical operational issue (e.g., a data mismatch, a delayed transaction) and asked how you would investigate and resolve it.
• Managerial Interview: This round typically involves the hiring manager or a senior team lead from the operations department. They will assess your understanding of the operations role, your approach to problem-solving, your ability to handle repetitive tasks accurately, and your communication skills. Expect behavioral questions like:
  • “Tell me about a time you had to deal with a large amount of data and ensure its accuracy.”
  • “Describe a situation where you identified an error and how you corrected it.”
  • “How do you prioritize tasks when you have multiple deadlines?”
  • “How do you ensure effective communication within a team?”
• HR Interview: This final round evaluates your cultural fit, motivation for joining Invesco, and general communication skills. Expect questions such as:
  • “Tell me about yourself.” (Prepare a concise introduction focusing on your interest in finance operations.)
  • “Why Invesco?” (Show that you have researched the firm, its values, and its position in the asset management industry.)
  • Your strengths and weaknesses.
  • Your willingness to work in rotational shifts (if applicable, as global operations often require this).
  • Your career aspirations and how this role aligns with them.

Throughout the process, emphasize your meticulous attention to detail, strong analytical capabilities, clear and confident communication, and a genuine interest in the financial services industry.

Conclusion

Joining Invesco as a Process Associate provides an excellent entry point into the sophisticated world of investment management operations. You will gain hands-on experience in critical back-office functions, contributing to the firm’s global investment success while benefiting from a strong learning environment. If you are a dedicated and detail-oriented individual eager to build a career in finance operations with a reputable global firm, explore the Process Associate openings at Invesco today!