avp reconciliation in mumbai

posted
contact
randstad india
position type
permanent
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posted
location
mumbai, maharashtra
function
Banking & finance
position type
permanent
experience
15-20
reference number
60053
contact
randstad india

job description

avp reconciliation in mumbai

Position Purpose:-The candidate would be handling the cash & securities reconciliation process & MIS on regular basis. He will be responsible for interacting with Line Managers and the clients also needs to provide high quality of service to the internal/ external clients. He/ She would have to handle a team of 80- 90 with appropriate structure & governance. The candidate is accountable to manage the daily operations/ workflow within the business group and helps the team in achieving the process deliverables. Solid technical understanding of the business is expected, including strong knowledge of Reconciliation system. Demonstrated commitment to continuous process improvement is a key driver and prior exposure to Lean and Six Sigma is welcome. He/ She should be able to articulate himself well and communicate well across all levels in the organization. Direct Responsibilities Primary Responsibilities Managing Existing relationship  The candidate has to closely work with the stakeholders to maintain the existing relationship & also to understand their future needs  To participate in Service review’s with Senior Management  To create & maintain a dashboard to be presented to the Business heads / Process owners on the service level & Value addition  To track satisfaction levels with Internal & external clients & seek feedback for improvement of Managing Service Delivery  Ensure performance of the daily Nostros, Internal & Securities accounts reconciliation  Defining & managing a range of daily, weekly, monthly controls to ensure completeness of processing and that any inappropriate postings, matching etc. is identified and resolved promptly.  Providing user training as required, improving the understanding of the control aspects of reconciliation  Analyzing trends in process exceptions identify root causes and implement solutions.  Drive & support new initiatives &various ad-hoc projects  Manage Escalations and resolve aged items  Drive improvement in STP  Accountable be maintaining up to date procedures and SLA for the process that are supported  Conduct Process confirmations & ensure adherence to procedures  Work with business teams to resolve risky breaks & manage the expectations as well as improve the overall process  Manage Incidents by working to identify root cause & implement appropriate preventive measures  Adhere to the risk framework for all the processes managed  Maintain Communication Channels with internal peer groups.  Develop people by training them on business knowledge & coaching them on necessary skill sets for their career growth  Conduct regular meetings & provide feedback  Manage Appraisal discussions  Specific Qualifications (if required)  Possess Master’s Degree  15+ Years of experience with minimum 8 years of relevant experience.

skills

Reconciliation

qualification

Any