Reconciliation Senior Analyst

Experience from 3 years to 6 years

Must Have:-

Role Requirements :

Work Shift: 11:00 AM to 2:30 AM IST (US Shift alignment)

Experience: 3–6 years Reconciliation)

Domain Expertise: Mutual funds, fixed income, derivatives, ETFs

Key Notes :

Candidate demonstrated strong knowledge of paydown, interest coupon, cash reconciliation, custody reconciliation.

Exposure to end-to-end reconciliation across multiple asset classes

Practical experience with Bloomberg (research) and reconciliation tools like CTC, TLM, PLM, Simcorp.

Role Overview The Senior Analyst within Portfolio Administration is responsible for the governance, oversight, and execution of all daily cash and position reconciliation activities. This role manages end-to-end investment operations, resolves reconciliation breaks, and collaborates directly with internal stakeholders (Sales, Portfolio Managers) and external partners (Custodian Banks).

Key Responsibilities

• Oversee daily cash and position reconciliations across portfolios, ensuring complete accuracy and timely break resolution.

• Address operational break discrepancies across interest, dividends, paydowns, corporate actions, trades, derivatives, and bank loans.

• Serve as the primary escalation point for complex reconciliation issues, coordinating with custodian banks and internal teams.

• Manage daily overdraft monitoring, market value reconciliations, and cost reconciliation activities.

• Perform root-cause analysis on recurring breaks to implement corrective and preventive operational measures.

• Monitor daily oversight controls, manage vendor relationships, and help establish service delivery benchmarks.

• Drive process improvements, efficiency enhancements, and automation initiatives across reconciliation functions.

Applications & Enterprise Systems Supported

• Internal Systems: CTC Reconciliation System, Portfolio Management System (PMS), AceWin (Cash-Flow Management), EPA, ERP, BOSS, APEX, and AB Advantage.

• External & Custody Platforms: Bloomberg, MYSS, State Street (BBH), Northern Trust (NT), and various global custody portals.

Professional Development & Unique Aspects

• Dynamic Environment: Fast-paced role with direct exposure to front-office, middle-office, and global external partners.

• Career Growth: Offers deep exposure to AB’s full spectrum of investment products, developing strategic leadership and risk analysis capabilities.

Qualifications & Desired Skills

Education & Experience

• Bachelor’s or Master’s degree in Commerce, Finance, or a related discipline.

• Proven experience in business operations within a team environment, consistently meeting time-sensitive deadlines.

• Experience in managing or working within strategic outsourcing relationships is preferred.

Core Skills & Competencies

• Analytical & Technical: Strong analytical and financial modeling capabilities with proficiency in MS Excel and MS Office.

• Attention to Detail: Rigorous quality control, exception identification, and problem-solving skills.

• Communication: Ability to articulate complex operational insights clearly to both technical and non-technical audiences.

• Special Knowledge: Familiarity with AI tools and automation techniques to streamline operations and enhance process efficiency.