Team Lead - Reconciliation

Responsibilities:

• Reconciliation Oversight: Lead and oversee the daily, weekly, and monthly reconciliation processes between client data, administrator data, and prime broker data, ensuring accuracy and completeness.
• Discrepancy Research & Resolution: Conduct in-depth research on pending cash, position, OTE (Open Trade Equity), and trade discrepancies, identifying root causes and developing solutions.
• External Follow-up: Drive daily follow-ups with external sources, including clients and brokers, to ensure faster resolution of identified breaks and discrepancies.
• Stakeholder Interaction: Interact professionally and effectively with Portfolio Managers and Prime Brokers via phone and email to facilitate the resolution of fund-related queries and issues.
• UAT Participation: Actively work on User Acceptance Testing (UAT) environments for the thorough testing of new functionalities related to reconciliation processes.
• Team Support & Mentorship: Provide direct assistance and guidance to team members in their break resolution efforts, fostering a collaborative and supportive environment.
• SLA Achievement: Proactively assist the manager and the team in meeting and exceeding established Service Level Agreements (SLAs) for reconciliation tasks.
• Process Improvement: Identify opportunities to streamline reconciliation processes, enhance efficiency, and improve accuracy.
• Reporting: Assist in generating reports on reconciliation status, aging breaks, and resolution trends for management review.

Required Skills:

• Proficiency in performing daily, weekly, and monthly reconciliations between various financial entities (Client, Admin, Prime Broker).
• Strong research skills for identifying and resolving cash, position, OTE, and trade discrepancies.
• Ability to follow up effectively with external sources (clients, brokers) for break resolution.
• Excellent communication skills (phone and email) for interacting with Portfolio Managers and Prime Brokers.
• Experience in working on UAT environments for testing new functionalities.
• Capability to assist and guide team members in break resolution.
• Strong commitment to assisting management and team in meeting SLAs.
• Excellent attention to detail and analytical skills.