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Senior Reconciliations Associate

AT Vanguard
Vanguard

Senior Reconciliations Associate

Melbourne, Australia

About Vanguard

More than 45 years ago, John C. Bogle had a vision to start an investment company that did things differently. A company with no external shareholders. Where all the profits were invested back into the business and used to lower costs. Evidently, it was as bold as it was brilliant. To this day, Vanguard Group still has no external shareholders. That means no share prices to protect, and no profits to generate for outside owners.

Today, Vanguard is one of the world's largest investment management companies, serving more than 50 million investors worldwide. For more than 25 years Vanguard Australia has been supporting individual investors, financial advisers, and superannuation members to achieve their long-term financial goals.

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Team & Opportunity

The Reconciliations team ensures the accuracy of IBOR data by reconciling it against custodian and clearer records for both global and local portfolios. Operating in a fast-paced environment, the team effectively manages multiple deliverables and stakeholder needs as part of its daily operations."

Duties and Responsibilities

  • Co-ordinates, monitors and authorizes daily functional responsibilities across reconciliations redistributing resources where necessary. Ensures team deliverables and controls are completed timely and accurately.


  • Serves as a subject matter expert and resource for associates while maintaining capability to complete output in a supporting role as necessary , including r esolv ing escalated issues .


  • Assists in training and cross-training of the unit, department crew members, and new crew members on various job responsibilities as assigned.


  • Creates and maintains comprehensive documentation of current policies and procedures.


  • Identifies opportunities, makes recommendations, and leads process improvement initiatives to gain efficiencies and ensure quality.


  • Ensures adherence to the risk and control framework established in the team. Understands audit requirements and ensures that appropriate documentation is maintained to support audits, ensures that audits are completed efficiently and according to established service levels.


  • Establishes and maintains effective working relationships with both internal and external clients and business partners. Leads regular communication with banks to ensure resolution of outstanding rec items.


  • Participates and/or leads special projects and performs other duties as assigned.

Qualifications

  • Undergraduate degree or an equivalent combination of training and experience


  • Minimum two years of business related experience


  • High level analytical and problem solving


  • Ability to manage multiple priorities under strict deadlines


  • Excellent time management and organization skills


  • Ability to understand complex technical issues.


  • Proficiency with Word, Excel and other Microsoft applications preferred


  • Excellent leadership, interpersonal and motivational skills


  • Excellent interpersonal and communication (oral and written) skills; team player with positive attitude

Inclusion Statement

Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

Client-provided location(s): Melbourne VIC, Australia
Job ID: Vanguard-163629
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • FSA
    • HSA
    • Health Reimbursement Account
    • Fitness Subsidies
    • On-Site Gym
    • HSA With Employer Contribution
    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Pet Insurance
  • Parental Benefits

    • Non-Birth Parent or Paternity Leave
    • Birth Parent or Maternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
  • Office Life and Perks

    • Company Outings
    • Commuter Benefits Program
    • Casual Dress
    • Happy Hours
    • Snacks
    • Some Meals Provided
    • On-Site Cafeteria
  • Vacation and Time Off

    • Personal/Sick Days
    • Paid Holidays
    • Paid Vacation
    • Volunteer Time Off
    • Leave of Absence
  • Financial and Retirement

    • Relocation Assistance
    • Performance Bonus
    • 401(K) With Company Matching
    • 401(K)
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Tuition Reimbursement
    • Internship Program
    • Lunch and Learns
    • Leadership Training Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)

Company Videos

Hear directly from employees about what it is like to work at Vanguard.