• The Reconciliation Production Analyst is responsible for the performance of comparison between two or more data sets, from internal or external sources, to identify matches and mismatches based upon pre-defined matching criteria. The Reconciliation Production Analyst identifies the ownership and reporting of each break to the relevant owner. They prepare and distribute summary break Management Information (MI) to management. The Reconciliation Production Analyst is also responsible for escalating the mismatches via pre-agreed criteria and matrix.

Role Description

• The Analyst / Sr. Analyst will be responsible for completion of day-to-day activity as per standards and ensure accurate and timely delivery of assigned production duties. Candidate/Applicant needs to ensure adherence to all cut-off times and quality of processing as maintained in SLAs. Candidate/Applicant should ensure that all queries/first level escalations related to routine activities are responded to within the time frames pre-specified. Should take responsibility and act as backup for the Peers in absence and share best practices with the team.
• What well offer you
• As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
• Your key responsibilities
• Manage daily Reconciliation of Securities/Cash – Internal book of records V/s Custodian Books.
• Basic knowledge of Daily Uploads of feeds and its Maintenance.
• Investigating Margin differences / Tax related differences.
• Research and bookings of Dummy forexes
• Manage cash reconciliation between Aladdin and the custodian feeds on trade and Currency level.
• Identify the cause and assign the cash/position break to correct team for further investigation & resolution.
• Perform primary investigation on the cash/position breaks on Aladdin
• escalate all issues properly, in time, to the appropriate level, to avoid any adverse impact on the business
• Responsible for understanding client’s needs from a technical and operational perspective
• Ensure support for managing internal projects/initiatives,
• Timely response to all front office/ Internal queries
• Ensure strict adherence to all internal and external process guidelines including compliance and legal.
• Ensure Candidate/Applicant has assisted in creating proper backups through adequate cross training, within the department
• Your skills and experience
• 
  
• Experience / Exposure
• Experience in handling Cash and Position reconciliation.(Preferred)
• Knowledge of Trade Life Cycle. Preferred
• Knowledge of Financial products like Debt, Equity, Derivatives etc.
• Needs to be a self-starter with significant ability to undertake initiatives. Strong interpersonal / good negotiations skills are required. Follow through skills, Effective communication skills, fluency in Microsoft Office skills, ability to confidently handle internal clients, futuristic and innovative approach will be expected. Ability and willingness to work in night shift is a must.
• 
  
• Education / Certification
• Qualification
• Graduates with good academic records.
• Any certifications in securities such as NCFM modules, will be good but not compulsory.
• Functional Skills:
• Have Working knowledge of SSR/TLM/SCD/Aladdin reconciliation tool
• Cognos reporting
• Have basic knowledge of Reconciliation process and understand various (ledger and statement) feeds/swifts.
• Have experience of Bank – Custody, FOBO reconciliation.
• Knowledge of Trade Life Cycle of various financial products will be an advantage.
• Have Working knowledge of SSR/TLM reconciliation tool.
• Attention to Details.
• How we’ll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• About us and our teams
• Please visit our company website for further information:
• https://www.db.com/company/company.html.

Role: Operations - Other

Industry Type: Investment Banking / Venture Capital / Private Equity

Department: Customer Success, Service & Operations

Employment Type: Full Time, Permanent

Role Category: Operations

Education

UG: B.Com in Any Specialization

About company

"Discover Deutsche Bank India Bangalore is one of the worlds leading financial service providers. News and Information about the bank and its products. Visit our Deutsche Bank India Bangalore Branch and Get to Know more about our services."

Company Info

Address:

Block B1, Nirlon Knowledge park, MUMBAI, Maharashtra, India