FUNDS RECONCILIATIONS TEAM LEADER, GLOBAL FINANCE CO, £35,000 - £45,000 PLUS BENS, MAYFAIR
Our client is a leading Global Financial Services firm. Global Wealth Management and Business Banking combining one of the World’s leading Wealth Management businesses, a leading Retail Bank and one of the top Private Client Businesses in the World providing a comprehensive array of customised banking and securities services Globally.
Based within Fund Services Operations The Unit Trust & Hedge Funds Reconciliation Team are responsible for ensuring all UK Nominee holding reconciliations are delivered to both Regulatory and Operational standards. Working within a busy and often reactive environment, the team reconciles circa 2500 asset holdings every 25 business days, ensuring all discrepancies are fully identified, documented, and monitored through to timely resolution.
As the Team Lead, you will be responsible for ensuring the team's reconciliation obligations are robustly delivered in all aspects of standards and expectations. In addition, other key role responsibilities include;
- Production and reporting of Management Information for both local and business segment requirements
- Managing the performance and development of team members through effective planning and execution of coaching and training
- Creating and maintaining robust procedure and process documentation
- Devising and delivering initiatives and controls that enhance both risk reduction and production efficiencies
- Providing technical support to other business areas as and when required
- Supporting segment driven projects and initiatives to ensure successful delivery of business goals
- Ensuring all team and individual mandatory training is completed to the standards and timelines required
Requirements
- Experience in the leading of a Reconciliations team
- Significant experience in a Fund related Reconciliation environment
- Experience in the Performance Management of direct reports
- Sound knowledge of Management Information, with wide exposure to collation, reporting, and analysis of data
- Able to effectively use judgement to make appropriate and timely decisions, based on information available, and know when to refer or escalate to Line Manager
- Ability to identify risk which occurs in own work, and that of others
- Understanding of the relevance of local procedures aimed at controlling risk and consistently working within these controls
- Appreciation of the importance of accuracy and working systematically to meet standards and deadlines
- Strong communication and organisation skills
