BNY Mellon Careers

Group Manager, Reconciliation

Chennai, India

Job Description

Reconciliation - M3 Leads a large, or multiple, team(s) responsible for large-scale projects with activities that include daily reconciliations, identifying system issues and making adjustments correctly. Supports the development of procedures and processes for the Reconciliation function within the business unit. Resolves complex or serious issues escalated by the team. Oversees and manages the implementation of new system enhancements. Actively engages and provides recommendations to the development of new enhancements and initiatives. Leverages an advanced understanding of tools to identify the most complex breaks. Synthesizes and analyzes function reporting of daily, weekly and monthly suspense and depository reconciliations. Leads regulatory reporting for large or multiple team(s). Maintains relationships with internal stakeholders to assess issues and recommend strategic solutions. May provide forward-looking and strategic insight on reconciliations. Provides input into the strategy around new technology solutions or improvements for new and existing business needs. Oversees implementation across team(s). Monitors and reviews feedback to ensure new solutions are meeting business needs. Recruits, directs, motivates and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively with their colleagues as a team. Provides feedback in the most critical of times. Manages one or more teams of Reconciliation staff, may manage through subordinate managers. Contributes to the achievement of team(s) objectives. Bachelors degree or the equivalent combination of education and experience in business management or related field is required. 7-10 years of total work experience with at least 1-3 years in management preferred. Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.


Minimum Education:

Post Graduation

Preferred Education: CA/ICWA/MBA/CFA

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:

Client Service Delivery (CSD) brings together BNY Mellon's key operational areas into one global team to better support the company's businesses and serve clients around the world. CSD helps clients to conduct business, service assets, and engage in transactions in 35 countries and more than 100 markets. At every stage of the investments lifecycle - creating, trading, clearing, settling, holding, servicing, managing, distributing and restructuring assets - CSD is working to make BNY Mellon the recognized industry service quality and productivity leader. Client Service Delivery manages investment monitoring, measurement and processing services for our clients. Our solutions include Securities Operations, Fund Administration, Transfer Agency, Outsourcing, Performance Measurement and other related services.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: India-Tamil Nadu-Chennai
Job: Operations
Internal Jobcode: 70564
Organization: Glb Inst Acctg Risk Solutions-HR14005
Requisition Number: 1714953