Senior Reconciliation Process Lead
4 days ago
We are Alter Domus, a world leading provider of integrated solutions for the alternative investment industry. Our mission is to empower our clients to succeed in an evolving market by delivering cutting-edge services and innovative technologies.
The ideal candidate will lead a team responsible for managing all cash reconciliations within the North American Client Service Platform (NA CSP). This role requires a blend of strong managerial skills and technical knowledge to build a high-performing team, design robust processes, and implement efficiency improvements across the reconciliation function.
About the Role:
- Supervise, mentor, and develop a team of reconciliation specialists, fostering a positive and collaborative work environment.
- Utilize your strong technical knowledge to ensure accurate and timely reconciliation of portfolio.
- Collaborate with cross-functional teams to resolve reconciliation issues and provide insights into open items, ensuring seamless knowledge transfer and minimizing disruption during the transition phase.
- Ensure adherence to regulatory requirements and internal policies, preparing and reviewing reconciliation packs, and providing sign-off.
- Maintain agreed KPI and SLA metrics for internal monitoring and enhance the performance of the end-to-end reconciliation process.
- Identify opportunities for process enhancements, implement best practices, and drive automation to increase efficiency.
- Ensure a 24-hour reconciliation operating model to support global operations and improve service coverage.
About You:
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field; advanced degrees or certifications (e.g., CPA, CFA) are a plus.
- Minimum of 7-10 years of experience in funds administration, financial operations, or related areas, with a strong focus on reconciliation processes.
- Sound knowledge of Syndicated Loans/private loans, structured credit products like CDOs and CLOs.
- Working knowledge of different Loan platforms like WSO, Sentry would be an added advantage.
- Proven experience in managing large-scale transitions, preferably in a global context.
What We Offer:
- A competitive salary of $120,000 - $180,000 per annum, depending on experience.
- A comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
- Opportunities for professional growth and development in a dynamic and supportive environment.
About Us:
We are an equal opportunity employer and recognize all facets of diversity and strive to create a psychologically safe workplace where all of our people can perform to their best. We believe in being different and welcome applications from individuals who share our values and commitment to excellence.
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