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    Job · 18882182

    Selby Jennings logo

    Reconciliation Manager - Global Trading Firm | GIFT City India

    Selby Jennings · Gandhinagar · onsite · Posted 30d ago

    Not disclosed15–17 yrsfulltimeSourced fromFoundit

    About a minute. You'll make an account on the way through.

    About this role

    Our client is a global trading firm looking to hire a Reconciliation Manager to lead and build out their reconciliation function in GIFT City.

    This is a newly established function within the firm's growing back office, covering daily reconciliation of trades, positions and cash across global markets and asset classes. The role would suit a hands-on operations leader who wants ownership of an end to end process, works comfortably in a flat and fast moving environment, and is interested in shaping how a reconciliation team is run rather than maintaining business as usual.

    Responsibilities for the Reconciliation Manager:

    • Own the daily reconciliation of trades, positions and cash against prime brokers, custodians, clearing members, clearing corporations and fund administrators.
    • Lead, mentor and develop a team of reconciliation associates, allocating workload across coverage windows and acting as the escalation point for complex breaks.
    • Oversee investigation and timely resolution of breaks, working with internal teams and external counterparties globally to identify root causes.
    • Onboard new reconciliations and counterparties as the firm's activity and control environment expands.
    • Identify patterns in recurring breaks and feed improvements back into upstream processes.
    • Own management reporting on match rates, break aging, root cause trends and team performance metrics.
    • Document and formalise procedures to support consistency, scalability and knowledge continuity.
    • Partner with technology to evaluate, design and implement automation and process improvements.
    • Work closely with the global team, including senior stakeholders based overseas, across APAC and EMEA coverage.

    Requirements for the Reconciliation Manager:

    • At least 15 years of experience in reconciliation, settlements or a related operations function, with direct people management experience.
    • Strong working knowledge of trade, position and cash reconciliation and the full trade lifecycle, with exposure to global market conventions.
    • Familiarity across multiple asset classes including equities, equity swaps, FX, futures, options and fixed income products.
    • Hands on experience reconciling against prime brokers, custodians, clearing members and corporations, and fund administrators.
    • Proven ability to build and develop an operations team and deliver against tight deadlines across time zones.
    • Comfort working with large and complex data sets and drawing practical conclusions from them.
    • Interest in technology and automation, and a willingness to drive improvements personally rather than only through others.
    • Strategic mindset with the ability to assess processes, challenge the status quo and think beyond standard operating procedures.
    • Excellent written and verbal communication skills in English, with the ability to engage stakeholders globally.
    • A controls oriented mindset with strong documentation and organisational skills.
    • Based in or willing to relocate to GIFT City, India.

    Selby Jennings is a Trading Style of Phaidon International (License number 16S8194)

    Sourced from foundit

    Skills

    reconciling against prime brokersAutomationfund administratorsclearing membersCash ReconciliationFuturesFXoptionsProcess ImprovementsFixed Income ProductsEquitiesequity swapscustodians

    Reconciliation Manager - Global Trading Firm | GIFT City India · waiting for your command