Job Description

Job Title-Reconciliation Analyst, NCT

Location-Bangalore, India

Role Description

• The Reconciliation Production Analyst is responsible for the performance of comparison between two or more data sets, from internal or external sources, to identify matches and mismatches based upon pre-defined matching criteria.
• The Reconciliation Production Analyst identifies the ownership and reporting of each break to the relevant owner.
• They prepare and distribute summary break Management Information (MI) to management. The Reconciliation Production Analyst is also responsible for escalating the mismatches via pre-agreed criteria.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• The Analyst will be responsible for completion of day-to-day activity as per standards and ensure accurate and timely delivery of assigned production duties.
• Candidate needs to ensure team adherence to all cut-off times and quality of processing as maintained in SLAs.
• Needs to monitor volume inflow and assist in sufficient resource and workflow allocation in a justifiable manner.
• Candidate should ensure that all queries/first level escalations related to routine activities are responded to within the time frame specified.
• Should take responsibility and act as backup for the team manager in absence and share best practices with the team

Your skills and experience

Functional Skills

• Have strong knowledge of Reconciliation process and understand various (ledger and statement) feeds/swifts.
• Able to identify the cause and assign the cash/position break to correct team for further investigation & resolution.
• Understand the impact of the cash/position breaks and able to connect the dots to find earliest resolution.
• Knowledge of Trade Life Cycle of various financial products will be an advantage.
• Working knowledge of Aladdin & DUCO reconciliation tool will be a strong plus
• Responsibilities / Tasks
• Manage daily Reconciliation of Securities/Cash - DB (Aladdin) Holding V/s Custodian Books.
• Manage cash reconciliation between Aladdin and the custodian feeds on trade and Currency level.
• Identify the cause and assign the cash/position break to correct team for further investigation & resolution.
• Perform primary investigation on the cash/position breaks.
• Ensure quality/quantity of processing is maintained as per the SLA
• Smooth Transition of new processes.
• Ensure adequate back-ups created for all critical positions and assist other teams during contingencies (Staff shortage, high volumes etc.).
• Escalate all issues in time, to the appropriate level, to avoid any adverse impact on the business
• Should have complete knowledge of Cash and Position reconciliation with 2-3 years of experience in the domain in an Investment Banking or Asset Management setup.
• Experience in handling client escalations and resolutions in best possible manner
• Needs to be a self-starter with significant ability to undertake initiatives. Strong interpersonal / good negotiations skills are required. Follow through skills, Effective communication skills, fluency in Microsoft Office skills, ability to confidently handle internal clients, futuristic and innovative approach will be expected.
• Ability and willingness to work in night shift is a must.
• Experience of working on transition / insourcing of processes.
• Experience of working on system testing & migration will be a good advantage.
• Experience of working on building & testing macros and other solutions would be good to have.

Education / Certification

• Graduates with good academic records.
• Any certifications in securities such as NCFM modules, CISI etc will be good but not compulsory.

Proven ability to leverage AI tools to enhance productivity, optimise workflows to solve business problems, while applying critical judgment to ensure responsible and ethical use of data and AI outputs.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.html

We at DWS are committed to creating a diverse and inclusive workplace, one that embraces dialogue and diverse views, and treats everyone fairly to drive a high-performance culture. The value we create for our clients and investors is based on our ability to bring together various perspectives from all over the world and from different backgrounds. It is our experience that teams perform better and deliver improved outcomes when they are able to incorporate a wide range of perspectives. We call this #ConnectingTheDots.