reconciliation business analyst in bangalore

randstad india
position type
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bangalore, karnataka
Banking & finance
position type
4 To 6
reference number
randstad india
apply now

job description

reconciliation business analyst in bangalore

?? Managing team of 5-7 EL/TL (potentially)
? Acting as a point of contact for UK/US counterparts
? Working closely with the UK/US Recon team to support new clients on-boarding
? Monitor JV SLAs closely and flag for any non-adherence
? Identify & track JV errors and escalate to the JV Management
? Track all change request received from change management teams and ensure they are actioned from Recons prospective
? Ensure audit packets for clients are updated correctly by team and signed off
? Review the JV SOPs to ensure all the BAU activities performed by JV are captured
? Supports the preparation of SOPs, risk assessment and contingency planning
? Support change and process improvement initiatives working with the various impacted groups
? Analyzes current processes and recommends process improvements
? Review performance metrics and analyze root causes
? Provide with regular updates on activities and escalate issues timely
? Conducting various technical training sessions and assessments
? Query resolution for critical issues
? Floor walking and orientation for new joiners
? Serves as a Subject Matter Expertise from Captive standpoint

?From technology and product innovation to corporate responsibility and community development, were making our mark on the financial services industry. For more than two centuries, weve been helping our clients safeguard and steward the investments of millions of people � strengthening markets, building communities and creating opportunities for growth.

We owe that longevity to the commitment, expertise and creativity of our employees. Our continued success depends on our ability to attract and develop the best talent in the industry. Thats why were keenly focused on employee development, corporate citizenship and inclusion.

Client Introduction
?The company is an American financial services and bank holding company headquartered in Boston with operations worldwide. It is the 2nd United States bank on the list of oldest banks in continuous operation; .The company is ranked 14th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$2.78 trillion under management and US$33.12 trillion under custody and administration.


?Reconciliation, Account Reconciliation, Intercompany reconciliation, fixed asset accounting


?Degree in Business, Finance, Operations Management or related field, or equivalent. An MBA or M.S. degree is preferred
? 8 - 10 years reconciliation experience in a large financial services organization � a detailed understanding of the procedural, technical and product requirements within a Reconciliations team
? Strong analytical skills and client service focus
? Ability to effectively communicate with colleagues, India managers and team leaders, onshore management and IT, both on the telephone and in writing
? Good understanding of change management and Lean best practice theories, with practical experience is desirable
? Display initiative and independence to proactively partner effectively with the Joint Venture and Oversight teams
? Display awareness of work levels and business needs by identifying and taking prompt action on priority items
? Excellent time management skills, along with strong problem resolution and analytical skills.
? Computer literate � Word, Excel, PowerPoint, Visio, MS Project
? Experience in one or more of the