
Reconciliation Analyst
2Coms Consulting Services Pvt Ltd
About this job
Are you a meticulous and experienced Reconciliation Analyst with a strong background in Investment Banking or Investment Operations? We are excited to announce multiple openings for dedicated professionals to join a leading team in Hyderabad. This is a crucial opportunity for individuals who excel at ensuring the accuracy and integrity of financial data, particularly within the complex realms of cash and position reconciliation for Fixed Income and Derivatives products. If you possess a sharp analytical mind and are ready to take on significant responsibilities in a fast-paced US shift environment, we encourage you to apply for these impactful Reconciliation Analyst positions.
Key Responsibilities
- Execute comprehensive cash reconciliation processes daily, identifying and resolving any discrepancies promptly and accurately to ensure financial integrity.
- Perform rigorous position reconciliation across a diverse range of financial instruments, ensuring all holdings align with internal records and external statements.
- Specialize in the reconciliation of complex Fixed Income and Derivatives products, understanding their unique transaction flows and settlement cycles.
- Proactively investigate and resolve reconciliation breaks, settlement failures, and exceptions, collaborating with front office, middle office, and back office teams.
- Prepare detailed reconciliation reports and present findings to management, highlighting areas of risk and proposing solutions for process enhancements.
- Maintain strict adherence to internal control procedures, regulatory requirements, and industry best practices within the Investment Banking operations framework.
- Utilize various reconciliation tools and platforms to automate processes and improve efficiency, contributing to operational excellence.
Requirements
- A minimum of 2+ years of progressive experience specifically in Cash Reconciliation and Position Reconciliation within a financial services environment.
- Demonstrated expertise and hands-on experience with Fixed Income or Derivatives products is essential.
- A solid and verifiable background in Investment Banking or broader Investment Operations is mandatory.
- Willingness and ability to work effectively in a US shift schedule, accommodating global market hours.
- A strong commitment to professional transitions, with a maximum notice period of 30-60 days.
- Exceptional analytical, problem-solving, and communication skills, with keen attention to detail.
- Candidates should be adaptable, proactive, and able to thrive in a high-pressure, deadline-driven environment.
What We Offer
- Highly competitive salary packages, structured to reward experience and expertise, ranging from ₹7 LPA for SPEs (2+ years) up to ₹25 LPA for SDMs (12+ years), reflecting our commitment to attracting top talent.
- Clear pathways for career progression through defined roles (SPE, SME, TL, TM, SDM), including opportunities for leadership within the Investment Banking sector.
- Exposure to sophisticated financial instruments and cutting-edge reconciliation technologies, enhancing your professional skill set.
- A vibrant and supportive work culture in Hyderabad, fostering continuous learning and professional growth.
- The chance to be part of a team that serves some of the most prominent names in the financial industry, including target organizations like BNY, BNP Paribas, Broadridge, and State Street.
Eligibility
Professionals • 2-12 years of experience
Skills
Perks & facilities
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