Reconciliations Team Lead

Overview of Role/Principle Responsibilities:

- Reconciliation subject matter experts within the Reconciliations team in ensuring the integrity of custody and cash position data is maintained within our internal systems through our daily reconciliation processes.
- Ensure the complete reconciliation, investigation and allocation of all breaks are completed within set SLA s and deadlines.
- As a lead specialist the role holder will be able to handle the most complex issues throughout their lifecycle working with a number of operational teams as required until resolved.
- The role holder will thrive in a fast-paced environment with an emphasis on meeting tight deadlines.
- A robust interest in learning and harnessing technology will help you with your role in the organisation. Act as a mentor and escalation point for the team s Specialists to support them on a daily basis.
- Key Responsibilities:
- Has supervisory responsibility for a number of specific processes or people in the team on a day-to-day basis, ensuring the team meets its timelines and produces high quality outputs. Will escalate to their managers when required.
- Collate daily, weekly and monthly MI reports, ensuring timely distribution to stakeholders;
- Accountable for allocated portfolios, proactive investigation and timely follow up of queries arising from internal stakeholders, clients, counterparties, custodians and administrators;
- Perform custody transaction and position reconciliation against internal records;




- Maintain ownership of daily cash and stock breaks by conducting investigation on differences, and monitoring through timely resolution with processing teams and custodians/administrators;
- Perform outstanding OTC bilateral collateral and outstanding position reconciliation, outstanding fixed deposit positions, between internal and counterparty records and monitor through breaks resolution in a timely manner;
- Validate and update internal records with relevant transactions, such as fees and income;
- Work through high volumes, prioritise, and manage workload according to risk or deadlines; Escalate potential problems before they become a risk;
- Meet all deadlines and ensure procedures and controls are fully implemented;
- Assist Manager to review and update procedures, implement improvements and enforce stringent controls;
- Be the first point of escalation for specialist on BAU matters;
- Escalate potential problems before they become a risk;
- Assist in the training of staff;
- Meet the needs of our business partners and internal clients; and Assist in the training of staff; and Provide specialist product knowledge; contribute to department and Company initiatives and projects. Skills and Behaviours Required :




- Prior experience in reconciliations / investment accounting;
- Familiar with equities, fixed income and derivative products desired;
- Proficient in basic software including Excel;
- Strong understanding of operational risks and control frameworks; and
- Numerical skills and the ability to monitor and produce high quality MIS, and naturally perform root cause analysis.
- Asset Management qualifications i.e. IOC or IMC;
- Wider experience in Asset Management and understanding of the end to end asset lifecycle; and
- Prior experience of Aladdin and Tri-Optima.
- An expert in your field and a strong mentor to the teams Specialists;
- Good at analysing and solving problems with a strong handle on operational risk;
- Effective in managing your own time with ability to prioritise tasks and delegate appropriately;
- Open to feedback, receptive to change, challenges status quo and continually looks out for team and self-improvement opportunities on self and on the team;
- Excellent communicator with strong interpersonal skills; A strong team player able to develop and manage strong working relationships with global internal departments and external counterparties;
- Able to adapt to changes quickly and be an advocator of an innovative culture within the team.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Lead I - Reconciliation (Chennai)
🏢 UST
📍 Chennai