TLM Assistant Manager

Job Title: Assistant Manager/Manager

Location: Pune/ Gurgaon

Job Description:

Job Purpose:

Reconciliation team is part of Portfolio accounting which provides daily Cash stock position and cash forecast to clients for trading as part of the IBOR Service Offering Reconciliation is a key activity ensuring client has all the correct trade data in a timely fashion.

Job Background/context:

This role be part of reconciliation team supporting transformation and key application migration.

Key Responsibilities:

Experience of working on TLM reconciliation platform

Subject matter expertise in Reconciliations of cash accounts between external custodians and accounting records

Experience of transaction types corporate actions income / coupons transaction settlements life cycles and swift payments

Experience of investigating cash breaks taking necessary action to resolve prioritising by age and value etc.

Experience of Custodian Portals and reconciliation tools and ability to use these platforms for query investigations.

Query and follow up with Custody/Brokers on the open breaks and drive resolution.

Adherence to procedures and service level agreement.

Good communication skills both written and oral ability to communicate with multiple stakeholders internal teams and clients.

Experience in application migration will be added point.

Appropriately assess risk when business decisions are made demonstrating particular consideration for the firms reputation and safeguarding its clients and assets by driving compliance with applicable laws rules and regulations adhering to Policy applying sound ethical judgment regarding personal behaviour conduct and business practices and escalating managing and reporting control issues with transparency.

Knowledge/Experience:

Essential:

Minimum 4 years of experience in reconciliation process

Good understanding of corporate actions such as Right issue Cash dividend Dividend distribution etc.

Good understanding of financial products such as Equity Bond OTC Derivative and trade life cycle

Experience in resolving complex exceptions in Cash & Stock reconciliation.

Acumen to understand the Debit/Credit to investigate the impact of accounting journals and its movement.

Performing review of aged breaks to find its resolution by following proper escalation channels.

Desirable:

Experience of working on TLM reconciliation application

Skills: (technical skills):

Proficient computer skills with a focus on Microsoft Office applications

Good with excel shortcuts and basic formulas pivot and chats.

Qualifications:

Bachelors degree or equivalent.