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Assistant Manager - Core Operations

5.00 to 7.00 Years   Hyderabad   22 Feb, 2022
State Street Corporation
Job LocationHyderabad
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaGeneral / Other Software
EmploymentTypeFull-time

Job Description

    Role Purpose :Perform reconciliation oversight function for joint ventures based out of India. This is to be achieved by working closely with both joint ventures and various other onshore teamsKey Responsibilities :
    • Managing team of 3-5 team members
    • Acting as a point of contact for both JVs
    • Serves as a Subject Matter Expertise from Captive standpoint
    • Working closely with the US Recon team to support new clients on-boarding
    • Monitor JV SLAs closely and flag for any non-adherence
    • Identify & track JV errors and escalate to the JV Management
    • Track all change request received from change management teams and ensure they are actioned from Recons prospective
    • Ensure audit packets for clients are updated correctly by team and signed off
    • Review the JV SOPs to ensure all the BAU activities performed by JV are captured
    • Supports the preparation of SOPs, risk assessment and contingency planning
    • Support change and process improvement initiatives working with the various impacted groups
    • Provide with regular updates on activities and escalate issues timely
      Key Skills, Experience & Qualifications :
      • Degree in Business, Finance, Operations Management or related field, or equivalent. An MBA or M.S. degree is preferred
      • 5 - 7 years reconciliation experience in a large financial services organization
      • A detailed understanding of the procedural, technical and product requirements within a Reconciliations team
      • Strong analytical skills and client service focus
      • Ability to effectively communicate with colleagues, India managers and team leaders, onshore management and IT, both on the telephone and in writing
      • Display initiative and independence to proactively partner effectively with the Joint Venture and Oversight teams
      • Display awareness of work levels and business needs by identifying and taking prompt action on priority items
      • Excellent time management skills, along with strong problem resolution and analytical skills.
      • Computer literate Word, Excel, PowerPoint, Visio, MS Project
      • Experience in one or more of the following reconciliation products is a distinct advantage: TLM/P SmartStream, PLM, RecXpress
      ,

    Keyskills :
    salesmisaccountstatbankingsubject matter expertiseprocess improvement initiativesjoint venturesrisk assessmenttime managementchange managementanalytical skillsmanagement skills

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