Director, Reconciliation Manager

Year    Chennai, Tamil Nadu, India

Job Description


:Director, Reconciliation ManagerAt BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the worldxe2x80x99s financial system we touch nearly 20% of the worldxe2x80x99s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.Wexe2x80x99re seeking a future team member for the role of Director, Reconciliation Manager to join our GIA and Accounting Reconciliation team. This role is located in Pune, MH - HYBRID.In this role, youxe2x80x99ll make an impact in the following ways:

  • Leads the regional Reconciliation area consisting of multiple teams through subordinate managers. Sets departmental priorities and allocates resources to align with business objectives and annual plan. Develops and implements policies to ensure client satisfaction and leads key initiatives. Maintains familiarity with industry best practices and seeks opportunities to implement as appropriate. Manages the performance of assigned staff; coaches and guides on project management. Responsible for overseeing regional and legal duties of the function.
  • Participates in long-term or strategic planning for the Reconciliation function designed to improve the overall client experience and improve team productivity and quality. Resolves the most complex or serious issues.
  • Sets strategic priorities around the development of new system enhancements and initiatives designed to improve the reconciliation experience. Determines needed improvements through review and analysis of problems reported.
  • Leverages an advanced understanding of tools to identify the most complex breaks. Synthesizes and analyzes function reporting of daily, weekly and monthly suspense and depository reconciliations. Leads regulatory reporting for the function.
  • Builds and maintains relationships with critical internal stakeholders to assess issues and recommend strategic solutions; may provide forward-looking and strategic insight on reconciliations.
  • Strategizes and drives the implementation of new technology solutions or improvements for new and existing business needs. Monitors and reviews feedback to ensure new solutions are meeting business needs. Acts as a subject matter expert.
  • Recruits, directs, motivates and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback in the most critical of times.
  • Responsible for the human and financial resources of the Reconciliation function within a business unit. Coaches staff and facilitates their professional development. Ensures staff are educated/informed of policies and process and that staff operationalize these policies and procedures within the function.
To be successful in this role, wexe2x80x99re seeking the following:
  • Bachelorxe2x80x99s degree or the equivalent combination of education and experience in business management or related field is required.
  • 20+ years of total work experience with at least 10+ years in management preferred.
  • Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.
At BNY, our culture speaks for itself. Herexe2x80x99s a few of our awards:
  • Americaxe2x80x99s Most Innovative Companies, Fortune, 2024
  • Worldxe2x80x99s Most Admired Companies, Fortune 2024
  • Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
, Disability: IN xe2x80x93 100% score, 2023-2024 * xe2x80x9cMost Just Companiesxe2x80x9d, Just Capital and CNBC, 2024
  • Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
  • Bloombergxe2x80x99s Gender Equality Index (GEI), 2023
Our Benefits and Rewards:BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your lifexe2x80x99s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY Mellon

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Job Detail

  • Job Id
    JD3635337
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year