17 Oct
|
Selby Jennings
|
Gandhinagar
17 Oct
Selby Jennings
Gandhinagar
Our client is a global trading firm looking to hire a Reconciliation Manager to lead and build out their reconciliation function in GIFT City.This is a newly established function within the firm's growing back office, covering daily reconciliation of trades, positions and cash across global markets and asset classes. The role would suit a hands-on operations leader who wants ownership of an end to end process, works comfortably in a flat and fast moving environment, and is interested in shaping how a reconciliation team is run rather than maintaining business as usual.Responsibilities for the Reconciliation Manager:- Own the daily reconciliation of trades, positions and cash against prime brokers, custodians, clearing members, clearing corporations and fund administrators.- Lead, mentor and develop a team of reconciliation associates, allocating workload across coverage windows and acting as the escalation point for complex breaks.- Oversee investigation and timely resolution of breaks, working with internal teams and external counterparties globally to identify root causes.- Onboard new reconciliations and counterparties as the firm's activity and control setting expands.- Identify patterns in recurring breaks and feed improvements back into upstream processes.- Own management reporting on match rates, break aging, root cause trends and team performance metrics.- Document and formalise procedures to support consistency, scalability and knowledge continuity.- Partner with technology to evaluate,
design and implement automation and process improvements.- Work closely with the global team, including senior stakeholders based overseas, across APAC and EMEA coverage.Requirements for the Reconciliation Manager:- At least 15 years of experience in reconciliation, settlements or a related operations function, with direct people management experience.- Strong working knowledge of trade, position and cash reconciliation and the full trade lifecycle, with exposure to global market conventions.- Familiarity across multiple asset classes including equities, equity swaps, FX, futures, options and fixed income products.- Hands on experience reconciling against prime brokers, custodians, clearing members and corporations, and fund administrators.- Proven ability to build and develop an operations team and deliver against tight deadlines across time zones.- Comfort working with large and complex data sets and drawing practical conclusions from them.- Interest in technology and automation, and a willingness to drive improvements personally rather than only through others.- Strategic mindset with the ability to assess processes, challenge the status quo and think beyond standard operating procedures.- Excellent written and verbal communication skills in English, with the ability to engage stakeholders globally.- A controls oriented mindset with strong documentation and organisational skills.- Based in or willing to relocate to GIFT City, India.Selby Jennings is a Trading Style of Phaidon International (License number 16S8194)
📌 Reconciliation Manager - Global Trading Firm | Gift City India (Gandhinagar)
🏢 Selby Jennings
📍 Gandhinagar