BNY Mellon Careers

Team Lead, Reconciliation

Pune, India
Asset Servicing

Job Description

Description   Main reason job exists/What the job holder will do:
The incumbent will supervise a staff of 5+ responsible for the processing and support of complete, accurate, and timely reconciliations & break resolutions for daily and monthly valued clients as well as the resolution of any problems that arise during the normal daily, weekly, or monthly valuation processes, and the communication of this information to all interested parties. The staff will be supporting a mix of large complex institutional client relationships requiring the understanding of all daily, weekly, and monthly standard and customized client accounting and reporting requirements. S/He will have daily contact with all levels of client staff with respect to daily, monthly, and specialized activity and requests. S/He will need a very solid understanding of all functional groups that support AIS as well as BNY Mellon Performance & Analytical Solutions. S/He will have ultimate responsibility for investment manager/client trade settlements and the full understanding of hedge funds, corporate actions & related topics and will be expected to minimize related risk. S/He will ensure that each customer's accounting information is in adherence with all Mellon internal policies as well as all external standard-setting bodies (e.g. the AICPA and the FASB) and regulatory bodies (e.g. the DOL and the SEC.) S/He will be fully responsible for the Performance Management Process and general staff development/training for his/her staff. S/He will participate in client and prospective client presentations. S/He will provide extensive support of online systems/products, both internally and externally.


Qualifications  Minimum experience, skills, certification and academic background necessary to perform the position:
The qualified candidate will possess a Bachelor's degree/MBA (Finance) with a concentration in Accounting and/or Finance. Extensive knowledge of securities/reconciliations/ hedge funds, fund accounting, expertise in MS Office (Excel, PowerPoint, Word, Access), MIS, experience in communication with onshore is required. S/He must be highly proficient with computer applications, our core on-line systems and information delivery tools. S/He must possess excellent communication skills, analytical skills, eye to detail and should be able to supervise effectively under pressure while adhering to strict and constantly changing deadlines. Supervisory, interviewing, organizational and effective leadership skills and relative experience is required. This position requires 4+ years of relevant securities, reconciliations and fund accounting experience. Prior supervisory/team lead experience of at least 2/3 years in reconciliation/fund accounting is a mandate.

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark:

BNY Mellon's Asset Servicing business is dedicated to dynamically supporting our clients' investments and safeguarding their assets, keeping them working around the clock and across the world. It's part of our commitment to being a true partner for our clients' investment success. We specialize in operational solutions and capabilities for today's market-enhancing management and administration of investments with services that process, monitor and measure investment data from around the world. By leveraging BNY Mellon's global footprint and deep expertise, we deliver insight-driven solutions for every phase of investing.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Maharashtra-Pune
Job: Asset Servicing
Internal Jobcode: 70567
Organization: AIS-HR06325
Requisition Number: 1710866