Manager - Trade Reconciliations

Responsibilities:

- The role will also require close contact with various Ops teams (Settlements, Confirmations, Product Data etc), IT and the front office, and clients so good ability to communicate is essential to this role.

- Ensure all reconciliations are produced correctly and in a timely manner while managing this in a relatively manual infrastructure environment.

- Manage available resources to ensure most efficient team output, ensuring no controls are compromised

- The candidate is required to have a comprehensive understanding of equity derivatives products, booking and reconciliation systems.

Day to day management of the reconciliations team including team appraisals, staffing issues and hiring

- Review reconciliations produced and ensure aged / high risk items are escalated and resolved with relevant front and middle office teams globally

- Monitoring controls and procedures are adhered to, and streamlining existing processes for increased control and maximum efficiency

- Work closely with management to identify control gaps and address and improve these

Skills:

- Detailed experience and understanding of experience of trade reconciliations / exception management, specific prior experience with middle office or trade support is plus

- Detailed Knowledge of Equity Derivatives product knowledge with a good understanding of Options, Variance Swaps, Equity Swaps and so on from an Operational perspective.

- Specific experience in managing Operations teams, preferably with exposure to global front / middle office teams in investment banking

- Equity Derivatives product knowledge

- Extensive knowledge of the front to back process in an environment of investment banking in order to effect process enhancements

- Solid understanding of operational risks, ability to spot and articulate issues to senior stakeholders, and escalate in a timely manner

Contact; suparna@ikyaglobal.com