Reconciliation Manager
You oversee daily reconciliation of trades, positions, and cash across global markets and asset classes. You lead and develop the reconciliation team, resolve complex breaks, onboard new reconciliations and counterparties, monitor operational metrics, formalize procedures, and implement automation and process improvements.
Responsibilities
- Oversee daily reconciliation of trades, positions, and cash
- Lead and develop the reconciliation team
- Allocate workload across coverage windows
- Escalate complex breaks
- Oversee break investigation and resolution
- Onboard new reconciliations and counterparties
- Identify recurring break patterns
- Manage reporting on match rates, break aging, root causes, and team KPIs
- Document and formalize procedures
- Implement automation and process improvements
Requirements
- 10+ years of experience in reconciliation, settlements, or related operations
- Direct people-management experience
- Knowledge of trade, position, and cash reconciliation
- Knowledge of the full trade lifecycle and global market conventions
- Familiarity with equities, equity swaps, FX, futures, options, and fixed income products
- Experience reconciling against prime brokers, custodians, clearing members, clearing corporations, and fund administrators
- Team leadership and talent development
- Ability to analyze large, complex data sets
- English written and verbal communication
- Operational risk controls
- Documentation and organizational skills