Senior Associate- Reconciliation

Job Summary

We are seeking detail-oriented and career-driven professionals to join our Reconciliation team. This role is responsible for ensuring the accurate and timely reconciliation of client portfolios, cash, and securities against custody and fund accounting records, while providing operational support to Investment Management teams.

The successful candidate will work closely with portfolio management teams, custodians, brokers, clients, IT, and other internal stakeholders to investigate and resolve reconciliation breaks, address data-related issues, and maintain high standards of accuracy and service.

For the Senior Associate level, the role will also involve team leadership, stakeholder management, performance monitoring, and support for transformation and process improvement initiatives.

Job Qualifications

• Bachelor’s degree in Accounting, Finance, Business, Economics, or a related field.
• Relevant experience in reconciliation, investment operations, fund accounting, custody operations, or financial services.
• Senior Associate (SA): 3–8 years of relevant experience, preferably with experience in team leadership or managing business processes.
• Experience in cash and position reconciliations is highly preferred.
• Familiarity with reconciliation and investment operations tools such as TLM/TLP, IntelliMatch, or IDC is an advantage.
• Knowledge of multiple asset classes and their respective transaction life cycles.
• Strong analytical, critical-thinking, and problem-solving skills with excellent attention to detail.
• Strong communication, presentation, and stakeholder management skills.
• Ability to manage multiple priorities and work effectively in a fast-paced, deadline-driven environment.
• Demonstrated sense of ownership, initiative, adaptability, and commitment to delivering high-quality results.
• Ability to work collaboratively with stakeholders across different functions and organizational levels.
• Understanding of relevant regulatory requirements and industry standards is an advantage.
• Willingness to work on APAC, EMEA, and North America (NAM) shifts, as required.

Job Duties & Responsibilities

• Perform and ensure the timely and accurate completion of daily cash and securities reconciliations for assigned portfolios and accounts.
• Reconcile client portfolios against custody, fund accounting, and other relevant records, and investigate and resolve discrepancies within established deadlines.
• Monitor reconciliation breaks and coordinate with relevant stakeholders to ensure prompt and accurate resolution.
• Act as a key point of contact between portfolio management teams, custodians, brokers, clients, IT, and other internal business units.
• Investigate and resolve data management issues, including data feed exceptions, system issues, and major incidents, and escalate concerns when necessary.
• Maintain a high level of quality, accuracy, and operational control in all reconciliation activities.
• Track, document, and report errors, incidents, and operational issues in accordance with established procedures.
• Respond to stakeholder inquiries professionally and provide timely updates on outstanding issues and reconciliation breaks.
• Identify opportunities to improve data acquisition, static data maintenance, and reconciliation processes through the use of ETL, automation, and self-service tools.
• Support and actively participate in process improvement, transformation, automation, and change initiatives related to Enterprise Reconciliations.
• Collaborate with internal and external stakeholders to ensure efficient resolution of operational issues and continuous improvement of service delivery.
• For Senior Associate level, lead and support teams assigned to specific business units or clients while ensuring operational targets and service standards are consistently achieved.
• Monitor and report KPIs, KRIs, and OKRs for assigned teams or processes.
• For Senior Associate level, provide coaching, guidance, and performance feedback to team members and support people management activities, including performance appraisals.
• Demonstrate strong ownership and accountability while contributing to the achievement of team and organizational goals.
• Perform other related duties and responsibilities as assigned.