Middle Office Cash Reconciliations/Investigations, Associate

Role Responsibilities:

• Ensure reconciliations are successfully completed and troubleshoot any discrepancies
• Review cash exceptions daily including researching differences and resolving them in an accurate and timely manner
• Ensure accuracy of published cash figures
• Data analysis enhancing transparency, decision drivers and efficiency
• Collaborate and lead discussions with internal/external stakeholders to ensure issues are being appropriately reviewed and progressing to completion
• Develop expertise around team control mechanisms and reporting
• Identify and coordinate escalation of priority issues
• Actively participate in all team meetings including review of key risk and process indicators
• Understand and adhere to all regulatory requirements impacting the reconciliation process
• Ability to evaluate systems, procedures and make recommendations for improvement
• Participate in various efficiency and capacity-building initiatives, including automation/ standardization efforts
• Understand upstream processes impactful to the reconciliation and develop ability to correlate the effect of change
• Maintain accurate process documents and train team members to ensure complete understanding
• Collaborate cross-functionally with stakeholders (i.e. Accounting) to ensure alignment between the IBOR and ABOR reconciliation
• Development and oversight of key controls to ensure adequate risk management and adherence to client SLAs

Qualifications:

• Bachelor s degree - concentration in Accounting, Finance, Business or Economics is preferred
• 6-10 years experience in a fast-paced, deadline orientated, operational role
• Understanding of financial instruments with an emphasis on derivative products is preferred
• Strong, effective analytical and problem solving skills
• Data Analytics skillsets preferred inclusive of coding (VBA, SQL, PYTHON) and/or understanding of data science methods & implementation
• Organized approach to ensure follow up on outstanding issues and identify appropriate action to be taken
• Attention to detail to ensure a high degree of accuracy for all deliverables
• Excellent communication skills to effectively articulate solutions to internal and external stakeholders
• Ability to multi-task and balance requests without losing sight of overall objectives and deadlines
• Exceptional decision-making skills and ability to communicate effectively with senior management
• Foster strong internal & external relationships, with a focus on collaboration & client service
• Insatiably curious, desire to learn more and ask inquisitive questions to come up with creative sustainable solutions
• Ability to work in a fast paced, rapid changing, deadline driven environment
• Highly adaptable individual who can work in a dynamic environment to be able to think out of the box and connect the dots
• Proficiency in Microsoft office products (with an emphasis on Excel) or other programming languages and an aptitude for learning new applications