Senior Analyst

Job Overview:

• Processor or Reconciler of Front and Back office, Front to Front office systems, Interbook and Intercompany, internal systems and external parties (Custodians, Clearing Brokers, Trading/Affimation and Clearing platforms) Credit Risk, Financial Statements (ledger and/or statements), and P&L movements. The role involves ensuring the accuracy and integrity of financial transactions and data between various entities within the financial markets. Regularly reviewing and verifying trades, payments, and other financial transactions to ensure they are accurately recorded in the financial systems. Comparing records from internal systems with external sources, such as broker statements and clearinghouse reports, to identify discrepancies. Investigating and resolving mismatches or discrepancies between various financial records, working closely with trading desks, finance teams, and external partners. Generating detailed reconciliation reports that outline findings, discrepancies, and resolutions. Maintaining accurate documentation for compliance purposes.
• This role is part of Wholesale Banking Operations which encompass a wide range of financial services and products tailored for corporate clients, institutions, and governments. These operations are designed to facilitate large-scale financial transactions, risk management, asset utilization, and financing needs that are characteristic of larger entities, as opposed to individual banking services provided to retail customers.
• The role entails to interact with different types of stakeholders from trade processing teams within the organization to our COEs globally. The role is reporting to a Circle Lead or Department Head.

Key Responsibilities:

• Demonstrates a strong proficiency in key components of reconciliation processes, navigating intermediate complexity with confidence and precision.
• Mentors and provides targeted training to junior staff, enhancing team performance and fostering skill development in reconciliation methodologies. Provide training and support for junior team members or new hires involved in the reconciliation process.
• Proactively identifies and recommends innovative process improvements that enhance operational efficiency and strengthen internal controls, driving the team toward continuous improvement mindset.
• Handles a variety of tasks within a moderately complex operational environment, ensuring accuracy and compliance with established standards.
• Develops and refines intermediate operational skills to efficiently execute structured, routine tasks within a standardized workflow, optimizing time management and output.
• Assist in internal and external audits by providing required documentation and explanations regarding reconciliation processes and outcomes.
• Develops and refines intermediate operational skills to efficiently execute structured, routine tasks within a standardized workflow, optimizing time management and output.
• Effectively resolves routine and moderately complex reconciliation issues by applying established procedures and solutions, ensuring timely and accurate financial reporting.
• Possesses comprehensive knowledge of reconciliation processes, financial products, operating standards, and company culture, while aligning with client requirements and expectations.
• Liaise with various internal departments (e.g., accounting, trading, risk management) to ensure alignment and cooperation during the reconciliation process.
• Communicate effectively with stakeholders regarding reconciliation results and any necessary follow-up actions.