Role Purpose

The Analyst will be responsible for the accurate and timely execution of cash and position reconciliation tasks on a daily basis. Working under the guidance of the Team Lead, the Analyst will investigate and resolve reconciliation breaks, maintain exception logs, and ensure all processes are carried out in line with defined SOPs and quality standards. This role is foundational to the integrity of the reconciliation function.

Key Responsibilities

Cash Reconciliation
Perform daily cash reconciliation across all accounts
Match and clear cash entries across custodian statements and internal systems.
Identify, document, and investigate cash breaks in a timely manner.
Follow up with relevant teams (settlements, treasury, custodians) to resolve outstanding cash items.
Position Reconciliation
Execute daily position reconciliation across equities, fixed income, and other assigned asset classes.
Match portfolio holdings across front office, middle office, and custodian records.
Investigate and document position breaks, including corporate action-related discrepancies.
Escalate unresolved or complex position breaks to the Team Lead promptly.
Break Management & Resolution
Maintain accurate and up-to-date break logs with investigation notes and resolution status.
Follow defined escalation procedures for aged or high-value breaks.
Liaise with internal teams and external counterparties to gather information needed for break resolution.
Ensure breaks are cleared within SLA-defined timelines.
Controls & Documentation
Adhere to all SOPs, maker-checker controls, and quality guidelines at all times.
Maintain proper documentation of daily reconciliation activities and exception handling.
Flag process deviations, system issues, or data anomalies to the Team Lead.
Support periodic audits by providing required evidence and reconciliation records.
Reporting
Prepare and submit daily reconciliation status reports and break summaries to the Team Lead.
Update reconciliation trackers, dashboards, and exception logs accurately.
Assist in preparing MIS data as required by the Team Lead or Team Manager.

Key Requirements

Experience & Skills

1–4 years of experience in financial services operations, preferably in reconciliation, settlements, or fund accounting.
Basic understanding of cash flow, trade settlements, custodian processes, and asset classes.
Familiarity with reconciliation tools (e.g., Intellimatch, AutoRek, SmartStream, or similar) is an advantage.
Strong attention to detail with the ability to handle high-volume, repetitive processes accurately.
Good communication skills — written and verbal.
Proficiency in MS Excel (VLOOKUP, pivot tables, basic formulas); experience with data tools is a plus.

Education

Bachelor's degree in Finance, Commerce, Accounting, Economics, or related field.
Freshers with strong academic background in finance may be considered for junior analyst roles.

Analyst : Cash & Position Reconciliation