Lead-Cash & Position Reconciliation

Candidate Expectations:

• 4 12 years of experience in financial services operations with strong expertise in cash and/or position reconciliation.
• Prior experience managing teams in a banking, asset management, or financial services operations environment.
• Hands-on experience with reconciliation tools and systems.
• Strong understanding of trade lifecycle, settlements, nostro/vostro accounts, and multi-asset position management.
• Excellent analytical, communication, and problem-solving skills.
• Proficiency in MS Excel and reporting tools; SQL knowledge is a plus. Education and Certification :
• Bachelor's degree in Finance, Commerce, Accounting, or related field. MBA or relevant professional certification (e.g., CFA Level I/II) preferred.

Detailed Job Description:

• Manage the end-to-end daily execution of cash and position reconciliation activitiesacross all accounts and asset classes providing both L1 and L2 services.
• Ensure all reconciliation tasks are completed within agreed SLA timelines and quality benchmarks.
• Monitor daily break reports and ensure timely escalation and resolution of aged or high-value exceptions.
• Review and approve reconciliation outputs before they are submitted to the client or downstream teams.
• Conduct regular one-on-ones, team huddles, and performance reviews.Manage workload distribution across the team to ensure coverage and balanced capacity.
• Support hiring, onboarding, and development of team members.
• Ensure SOPs and process documentation are up to date, followed consistently, and reviewedperiodically.Implement and monitor quality checks and maker-checker controls across all reconciliation processes.
• Identify root causes of recurring breaks or process failures and drive corrective actions.
• Support audit and compliance reviews by ensuring documentation and evidence trails are maintained.
• Coordinate with custodians, prime brokers, fund accounting, and front office teams to resolve reconciliation exceptions.
• Participate in client calls and governance forums to represent the reconciliation team.
• Leverage reconciliation platforms (e.g., Intellimatch, AutoRek, SmartStream) to improve throughput and reduce manual intervention.
• Drive adoption of best practices and standardised workflows within the team.