Lead-Cash & Position Reconciliation
Location: Hyderabad
• Experience: Senior Level
• Openings: 27
Job description
Job Title: Lead
Job Location: Hyderabad
Work Model: Work from Office
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.
Detailed Job Description:
Manage the
end-to-end daily execution of cash and position reconciliation activities
across 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 reviewed
periodically.
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.