Reconciliations Lead Representative (Fund/Client Accounting)

Job Description

class:($data.displayType === InputTextArea) block__field--full-width : $data.displayType === InputRichText block__field--wide-rich-text :block__field--edit}">Job Description html: $component.getFieldValue($data)"> For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. We power individuals and institutions to succeed in the global economy providing investment management, investment services and wealth management. With a dedicated business presence on six continents and in 35 countries, BNY Mellon delivers global scale at the local level. The Global Delivery Centre in Wroclaw is a growing location, predominately providing support services to BNY Mellon entities in the areas of fund accounting, investment operations and technology.Our organizational culture stands on solid values - Integrity, Strength in Diversity, Passion for Excellence and Courage to Lead. Our guiding principles drive us to always do what’s right, helping everyone feel included on the way, to take the risks necessary to lead and get things done.Department overview Global Fund Accounting Support Services (GFASS) is a large department which sits within EMEA & US Fund Accounting. The department is responsible for providing reconciliation services in respect of the client’s collective investment portfolios including cash, asset & exchange traded derivative reconciliations. The department consists of approximately 60 staff split across several sub teams administering multiple client relationships.Your roleThis role involves organising the workflow, training and development and management of a small team of 2 or 3 staff engaged in supporting the Global Fund Accounting Support Services Team. The Lead is responsible for ensuring the timely review of cash, asset & derivative reconciliations against intraday deadlines adhering to the Bank’s best practices, departmental procedures & objectives. The role offers a variety of responsibilities including exposure to and reconciliation review of complex market instruments and their associated trading, corporate action, dividend, interest, expense & derivative payment activities.Key areas of responsibility • Review of cash, asset & exchange traded derivative reconciliations for the client’s collective investment portfolios ensuring timely and accurate delivery to agreed timetables and SLA standards whilst ensuring compliance with appropriate Reconciliation standards.• Core work includes reviewing completed team accounting and custody positional & transactional movement reconciliations using internal/external systems, review of supporting documentation.• Act as escalation point & liaise with appropriate external and internal parties to resolve reconciliation discrepancies.• Be aware of the risks of team operations and deliverables and ensure required controls maintained and procedures complied withclass:($data.displayType === InputTextArea) block__field--full-width : $data.displayType === InputRichText block__field--wide-rich-text :block__field--edit}"> html: $component.getFieldValue($data)">The successful candidate will demonstrate/possess:• Good understanding of the different securities available in the market bonds, equities, derivatives and market events e.g. corporate actions are preferred• Problem Solving skills• Good level of Excel Skills • Strong numeracy understanding• Attention to Detail• Adaptable in a fast paced environment• Proven Organisation & Time Management skills and an ability to prioritise and meet deadlines • Good Communication • Supervisory SkillsWorking conditions • Permanent/Full Time• Typical Hours/Shifts: 8:00-4:00 / 9:00 - 5:00• Monday - FridayOur offer • Annual Holiday - 25 Days, plus bank holidays and the ability to purchase a further 5 days• Pension - 12% employer contribution• Life Assurance, Income protection and Medical Insurance• Education Assistance• Childcare Vouchers• Health screening• Season ticket loans• Recognition and service awards• 2 volunteering days per annum Required skills

Bonds

Derivatives

Equities

Securities

Corporate Actions

Keyskills :
Bonds Derivatives Equities Securities Cpate Actions