Senior Associate, Team Leader - Settlements And Reconciliation
Current• Creation of new processing solutions meeting business requirements related to Dealing and S&R operations. • Identifying operational risks and eliminating them, writing procedures and execution of new processes.• Identifying system setup and human errors, initiating solving process, testing new systems and web applications.• Managing transition process of implementing Investor Monies Regulations into S&R department, adjusting processes.• Preparing migration of payments and reconciliation operations to India, controlling outsourced activities, mentoring.• Completing financial reporting, at hoc calculations, extracting and analysing financial data.• Supervising and supporting Team, Senior Associates and Managers, providing training, advising on processes.• Monitoring Fund Assets and Investor Monies bank accounts, investigating all cash breaks from initiation to close.• Reconciliation of all incoming and outgoing payments processed through Transfer Agency bank accounts. • Escalating significant payment and foreign exchange errors, missing payments, swift message analysis• Identifying losses and gains, recording them on databases• Reporting long balances and overdrawn accounts to Senior Management• Fulfilling audit requirements – collecting and archiving signed checklists• Bank fee and interest charges analysis, invoicing bank and interest charges against clients• Issuing interest claims against shareholders• Initiation of correction process, instructing money transfers• Active participation in Team meetings• Team Work - helping others to achieve common goals, delegating tasks, monitoring workflow• Providing excellent customer service, mailbox maintenance • Adhering to AML, IMR regulations and KYC policies• Liaising with other departments, banks and clients
