Reconciliation Analyst

We are actively seeking an experienced and meticulous Reconciliation Analyst to join our dynamic Investment Banking Operations team in Hyderabad. This is a pivotal role for professionals with a strong background in financial reconciliation, offering the opportunity to contribute significantly to our investment banking processes. The ideal candidate will possess robust analytical skills and a proven track record in handling complex reconciliation tasks within a fast-paced environment.

As a Reconciliation Analyst, you will be responsible for ensuring the accuracy and integrity of financial data, supporting critical investment banking functions. This role demands attention to detail, a proactive approach to problem-solving, and a comprehensive understanding of various financial instruments and reconciliation methodologies.

Key Responsibilities

• Perform daily cash, position, and Nostro account reconciliations, identifying and resolving discrepancies promptly.
• Execute detailed reconciliation for mutual funds, equity, fixed income, and other securities.
• Investigate and resolve reconciliation breaks by collaborating with internal teams and external counterparts.
• Analyze financial data to ensure compliance with regulatory requirements and internal policies.
• Prepare comprehensive reconciliation reports and documentation for management review.
• Contribute to the continuous improvement of reconciliation processes and systems.
• Support month-end and year-end closing activities related to reconciliation.
• Maintain a high level of accuracy and efficiency in all reconciliation tasks.

Requirements

• Minimum of 2+ years of dedicated experience in Reconciliation within Investment Banking Operations.
• Proven expertise in Cash Reconciliation, Position Reconciliation, and Nostro Reconciliation.
• Strong understanding of financial instruments including Mutual Funds, Equity, Fixed Income, and other Securities.
• Excellent analytical and problem-solving skills with a keen eye for detail.
• Ability to work effectively in a US shift schedule, adapting to global operational demands.
• Demonstrated ability to manage a 90-day notice period, if applicable.
• Exceptional communication skills, both written and verbal, for effective collaboration.
• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

What We Offer

• A challenging and rewarding career opportunity within a leading investment banking setup.
• Exposure to complex financial instruments and global reconciliation processes.
• A supportive work environment conducive to professional growth and learning.
• Competitive compensation package based on experience and expertise.
• Opportunity to work with a dedicated and experienced team of financial professionals.

Join our team as a Reconciliation Analyst and play a crucial role in maintaining financial accuracy and operational excellence in our investment banking division. We are looking for individuals who are passionate about finance and committed to delivering high-quality results.