Lead Manager, Reconciliation Lead Manager, Reconciliation …

BNY Mellon
in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
Competitive
BNY Mellon
in Jersey City, NJ, United States
Permanent, Full time
Be the first to apply
Competitive
Lead Manager, Reconciliation
Pershing's Bank & Depository Balancing team is responsible for reconciling the firm's bank (check deposit, disbursement, FedWire, ACH, USD & currency) and depository (DTCC, custodian, international local market, Euroclear, security position) accounts. Exciting opportunity for financial services operations leader with history of implementing process improvements that create scale, drive efficiency and enhance controls. SmartStream TLM, mainframe, Excel, Access, SWIFT, BAI solutions employed. Reconciliation - M2 Leads a medium to large team responsible for small-scale projects with activities that include daily reconciliations, identifying system issues and making adjustments correctly. Supports the development of procedures and processes for the Reconciliation function within the business unit. Resolves complex or serious issues escalated by the team. Supports the implementation of new system enhancements. Participates in the development of new enhancements and initiatives. Leverages a complete understanding of tools to identify complex breaks. Synthesizes and analyzes team reporting of daily, weekly and monthly suspense and depository reconciliations. Leads regulatory reporting for medium to large sized team. Partners with supervisors and managers of other groups in the firm to assess issues and strategize improvements. Supports the implementation of new technology solutions or improvements for new and existing business needs. Monitors and reviews feedback to ensure new solutions are meeting business needs. Recruits, directs, motivates and develops staff, maximizing their individual contributions, their professional growth and their ability to function effectively with their colleagues as a team. Supervises a medium to large team of Reconciliation staff. Contributes to the achievement of team objectives.

Qualifications

Bachelors degree or the equivalent combination of education and experience in business management or related field is required. 5-7 years of total work experience with at least 0-1 years in management preferred. Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Primary Location: United States-New Jersey-Jersey City
Internal Jobcode: 70565
Job: Asset Servicing
Organization: Pershing Domestic-HR06431}
Requisition Number: 2118134
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