Credit Suisse - Assistant Vice President - Reconciliation Control & Analytics Manager

Credit Suisse - Assistant Vice President - Reconciliation Control & Analytics Manager # 124329

Department Description :

GRAS Trade Validation Recs

- We are a centralized function specializing in building and managing reconciliations for global trade validation

- We monitor Trade and Position level reconciliations; excel based reporting and escalation notifications and management of the Strategic Operations projects to ensure consistent standards are implemented across the trade validation for reconciliations. This allows us to achieve efficiency and low execution risk for the processes we manage

- We work with our business partners to Understand and document their Reconciliation

- Manage the ongoing execution of processes and escalate issues to key stakeholders

- This role is required to provide day to day oversight of the performance of the existing suite of reconciliations performed by our vendor based team in Pune, to assist in the analysis of the existing range of trade reconciliations and to develop and enhance of this suite of controls.

We Offer :

- Standardization of global reconciliation processes, controls & MI

- Improvement in existing MIS structure, governance & transparency

- Oversight manager for vendor performance management & engagement

- Escalation & communication management incl. Regional Entity Oversights

- Execution & integrity of daily checks & controls

- Support on new business & other entity related or process specific projects

- Daily production support for Non-Core Reconciliations

- 360 degrees Stakeholder management & engagement

- Ensure compliance with CS policies, alignment with CS standards on conducts & ethics

- Liaison with Internal and External Audit and Regulators

- Drive & support periodic control reviews in conjunction with OC&R

- Leading innovation using disruptive & tactical technology in service execution, delivery & governance

- Functional alignment to overall reconciliations strategies

- Improvements to Operating Model, Standards and Governance

You Offer :

This role is to manage the analysis and development of the controls, reporting and analytics across the Reconciliations department. The candidate is expected to deliver against the following core responsibilities :

- Accountable for providing a high level risk review, process performance, efficiency and relationship management

- Solid skills with computers, operating systems and software (MS Office Suite, MS Project, and other IT applications)

- Strong VBA skills and demonstrable data analysis and data analytic skills including : mining data, interpreting results, working with statistics, trends, etc.

- Will be to look for process improvements to provide effective controls and efficiency.

- Drive root cause analysis

- Liaison with Ops

- Business Partners, Front Office, Trade Management and IT groups as appropriate

- Participate in UAT testing, implementation and integration of new reconciliation processes as required

- Perform analysis of the existing reconciliation processes in order to assess the strength of the controls and identify areas for improvement

- Work with IT Teams to get the raw data and review the extraction criteria, normalization and data cleansing processes.

- Implement Data Analytics into production management of Reconciliations and Trade Validation Controls.

- Help coordinate the use of Data Analytics in the ongoing risk assessment of trade validation processes across reconciliations

- Plan, perform and manage execution/reporting on Tactical Process and Strategic program

- Participate in short term data mining activities aimed at profiling process exceptions.

- Proactively engage key stakeholders to identify opportunities to leverage technology and analytics in connection with risk assessment and production management.

- Should be flexible with between APAC & EMEA support hours

Skills & Knowledge :

- Strong academic record (minimum Degree) with 10+ year's prior experience of financial services.

- Previous reconciliations experience is desirable

- Knowledge of Cash, Equities, FI, OTC, FX and Money market products.

- Demonstrable analytical skills

- Solid skills with computers, operating systems and software (MS Office Suite, MS Project, and other IT applications)

- Strong VBA skills and demonstrable data analysis and data analytic skills including : mining data, interpreting results, working with statistics, trends, etc.

- Knowledge of data quality and data cleansing techniques.

- Experience of using data analytics and visualization products and technologies

- Experience of banking or asset management environments.

- Strong analytical and problem solving capabilities.

- Strong interpersonal skills.

- Excellent presentation and report writing skills.

- Proven ability to articulate complex concepts in a concise manner in both written and verbal presentations across all levels of management.

- Understanding of the importance of managing risk and quality on data projects.

Credit Suisse is an equal opportunity employer. Welcoming diversity gives us a competitive advantage in the global marketplace and drives our success