Job Responsibilities:

Reconciliations team is responsible for :

• Reconciliation of Cash and Securities between Custody and Accounting books
• Investigate reasons for breaks and assignment of breaks to respective Asset Management operations for resolution
• Detailed MIS and trend analysis of open items and ageing.
• Escalation of aged and high value breaks
• Root cause of breaks and identify opportunities for breaks reduction
• Establish end to end workflow and SOP’s, updated metric pack for monthly review
• Identify opportunities for improvement and work towards implementation

Required Qualifications, Skills and Capabilities:

• Detail Orientation – Function is critical from impact perspective. Need eye for detail and there is zero tolerance to oversight mistakes.
• Managing the Reconciliations of all Nostro accounts held by the private bank for various currencies. 
• Investigate reasons for breaks and differences in statements in our side and the counterparty side. 
• Provide solutions and action plans for resolutions of open items. 
• Track, and analyze outstanding items for pending action. 
• Strong Client Focus. Strong time management and ability to coordinate with various teams to action items.
• Analytical - Ready to analyze the process flows and ideate on operational improvements.
• Strong team player and must have the capability to build good working relationships with cross functional/geographical teams.
• Communication (Spoken – Assertiveness & Written) – Ability to communicate effectively and assist Client Service Specialists / Front Office Groups / Middle Office Groups with queries/investigations.
• Adaptability - Ability to perform in a fast paced environment and handle multiple tasks through effective prioritization