The Reconciliation Team in Transaction Operations Department is responsible for the controls and integrity of data within internal architectures through the reconciliation process. The team undertakes validation of records daily through breaks investigation and tracking of issues arising from reconciliations, monitoring them through to resolution. The team has critical dependencies on all other Portfolio Services functions for timely, accurate and complete information.
Who we’re looking for
We’re looking for someone to join our Reconciliations team in ensuring the integrity of custody and cash position data is maintained within our internal systems through our daily reconciliation processes. You will ensure the complete reconciliation, investigation and allocation of all breaks are completed within set SLA’s and deadlines.
You will thrive in a fast-paced environment with an emphasis on meeting tight deadlines. A strong interest in learning and harnessing technology will help you with your role in the organisation
What you’ll do
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;
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
The knowledge, experience and qualifications you need
At least 3-5 years of experience in reconciliations or investment accounting
Demonstrable strong experience on investigations skills
Have experience covering equities, fixed income and derivative products
Proficient in basic software including MS Excel.
The knowledge, experience and qualifications that will help
Wider experience in Asset Management and understanding of the end to end asset lifecycle;
Understanding of operational risks and control frameworks; and
Prior experience of Aladdin and Tri-Optima.
What you’ll be like
Good at analysing and solving problem with a strong handle on operational risk;
Effective in managing your own time with ability to prioritise tasks appropriately;
Open to feedback, receptive to change, challenges status quo and continually looks out for team and self-improvement opportunities;
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