Overview
Senior Representative Reconciliation
Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital.
With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.
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We're seeking a future team member for the role of Lead Representative Reconciliation to join our Reconciliation center of excellence team. This role is located in Chennai, Tamil Nadu - HYBRID/Office.
In this role, you'll make an impact in the following ways:
- Hedge Funds' client Reconciliation.
- Candidate will work on various products and application to complete the reconciliation.
- Should have understanding about aged break and capable of doing the investigation to identify the breaks,
- Capable of completing the assigned task independently.
- Should be good team player and flexible to adopt the business requirements.
Reconciliation - M2Leads a medium to large team responsible for small-scale projects with activities that include daily reconciliations, identifying system issues and making adjustments correctly. Supports the development of procedures and processes for the Reconciliation function within the business unit. Resolves complex or serious issues escalated by the team.Supports the implementation of new system enhancements. Participates in the development of new enhancements and initiatives. Leverages a complete understanding of tools to identify complex breaks. Synthesizes and analyzes team reporting of daily, weekly and monthly suspense and depository reconciliations. Leads regulatory reporting for medium to large sized team.Partners with supervisors and managers of other groups in the firm to assess issues and strategize improvements. Supports the implementation of new technology solutions or improvements for new and existing business needs. Monitors and reviews feedback to ensure new solutions are meeting business needs. Recruits, directs, motivates and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively with their colleagues as a team. Supervises a medium to large team of Reconciliation staff.Contributes to the achievement of team objectives.Bachelors degree or the equivalent combination of education and experience in business management or related field is required.5-7 years of total work experience with at least 0-1 years in management preferred. Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.
- Good understanding of Investment banking Reconciliation
- Should have knowledge in cash, Position, Futures and CFD Reconciliation
- Added advantage if candidate experience in TLM and Xceptor applications.
- Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
- Bloomberg's Gender Equality Index (GEI)
- Human Rights Campaign Foundation, 100% score Corporate Equality Index
- Best Places to Work for Disability Inclusion , Disability: IN - 100% score
- 100 Best Workplaces for Innovators, Fast Company
- CDP's Climate Change 'A List'
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.