Director Reconciliations

Overview

• Lead and oversee reconciliation processes ensuring accuracy and compliance within a dynamic financial services environment.
• Collaborate with cross-functional teams to enhance data quality and operational workflows.
• Drive innovation through automation and process optimization to streamline reconciliation activities.
• Ensure regulatory compliance and readiness by strengthening control frameworks and audit processes.
• Develop and implement reporting dashboards for operational transparency and risk management.
• Support organizational growth by contributing to new fund launches and custodial transitions.
• Maintain detailed documentation and lead training initiatives to enhance team capabilities.

Key Responsibilities & Duties

• Manage daily reconciliation of cash balances, positions, and transactions across internal systems and external counterparties.
• Analyze and resolve complex discrepancies related to settlements, income, and corporate actions.
• Validate and monitor data flows between trading, accounting, and portfolio management systems.
• Collaborate with investment teams to ensure portfolio accuracy and resolve reconciliation issues.
• Enhance operational workflows through automation and process re-engineering initiatives.
• Develop and maintain key performance indicators and analytics for reconciliation health monitoring.
• Strengthen internal controls to meet audit and compliance requirements effectively.
• Contribute to strategic projects including fund launches and system transitions.

Job Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field required.
• 7-12 years of experience in investment operations, reconciliation, or asset management.
• Proficiency in investment products including fixed income, structured credit, and private market assets.
• Experience with reconciliation or portfolio management systems; familiarity with Aladdin, Geneva, or FIS preferred.
• Advanced Excel skills including pivot tables and macros preferred.
• Knowledge of SQL or willingness to develop advanced data-querying capabilities.
• Strong communication and stakeholder management skills.
• Ability to manage multiple priorities effectively in a fast-paced environment.
• Proven track record in driving process improvements and owning reconciliation workflows.