Job Information
PamTen, Inc. Reconciliation Specialist in United States
Job Title – Reconciliation Specialist (Title may Vary when it hits Beeline).
Location – 3 Roles in Chennai and 2 Roles in Pune Position Summary:
· Performs analysis of reconciliations, or in some areas of the organization may serve in a lead capacity.
· Deciphers complex exceptions between systems, clients, institutions, etc. for securities, cash and/or derivatives, processes client accounts.
· Reviews work performed by more junior levels.
Primary Responsibilities:
Deciphers complex exceptions, performing root-cause analysis on why exceptions exist.
Analyzes trends, enters reconciliation data, and ensures proper aging. Assists more junior level support staff in identifying more complex differences.
Escalates any unidentifiable differences to more experienced support staff.
Communicates complex break reports to either internal groups within the firm or correspondents outside the firm.
Monitors resolution.
Assists in analyzing operational needs.
Assists in daily, weekly, and monthly reporting using an understanding of the stock record and knowledge of basic accounting.
Assists with regulatory reporting.
May participate in testing of new technology solutions or enhancements ensuring that reconciliation processes remain intact. 10%.
May interact with those at a senior level in other groups to obtain feedback on issues or improvements.