Director, Reconciliation Manager

4 weeks ago


Chennai, India BNY Mellon Full time

Bring your ideas. Make history. 
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital. 

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. 

We’re seeking a future team member for the role of Director to join our Reconciliation team. This role is located in Chennai, TN - HYBRID.

In this role, you’ll make an impact in the following ways: 

  • Leads the regional Reconciliation area consisting of multiple teams through subordinate managers. Sets departmental priorities and allocates resources to align with business objectives and annual plan. Develops and implements policies to ensure client satisfaction and leads key initiatives. Maintains familiarity with industry best practices and seeks opportunities to implement as appropriate.  Manages the performance of assigned staff; coaches and guides on project management. Responsible for overseeing regional and legal duties of the function.
  • Participates in long-term or strategic planning for the Reconciliation function designed to improve the overall client experience and improve team productivity and quality. Resolves the most complex or serious issues.
  • Sets strategic priorities around the development of new system enhancements and initiatives designed to improve the reconciliation experience.  Determines needed improvements through review and analysis of problems reported.
  • Leverages an advanced understanding of tools to identify the most complex breaks. Synthesizes and analyzes function reporting of daily, weekly and monthly suspense and depository reconciliations. Leads regulatory reporting for the function.
  • Builds and maintains relationships with critical internal stakeholders to assess issues and recommend strategic solutions; may provide forward-looking and strategic insight on reconciliations.
  • Strategizes and drives 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. Acts as a subject matter expert.
  • 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. Provides feedback in the most critical of times.
  • Responsible for the human and financial resources of the Reconciliation function within a business unit. Coaches staff and facilitates their professional development. Ensures staff are educated/informed of policies and process and that staff operationalize these policies and procedures within the function.

To be successful in this role, we’re seeking the following: 

  • Bachelor’s degree or the equivalent combination of education and experience in business management or related field is required.
  • 20+ years of total work experience with at least 10+ years in management preferred.
  • Experience in brokerage/banking operations/ reconciliation processes preferred. Applicable local/regional licenses or certifications as required by the business.

 

  • At BNY Mellon, our inclusive culture speaks for itself. Here’s a few of our awards: 
  • Fortune World’s Most Admired Companies & Top 20 for Diversity and Inclusion 
  • Bloomberg’s Gender Equality Index (GEI)
  • Human Rights Campaign Foundation, 100% score Corporate Equality Index
  • Best Places to Work for Disability Inclusion, Disability: IN – 100% score 
  • 100 Best Workplaces for Innovators, Fast Company
  • CDP’s Climate Change ‘A List’

Our Benefits:

BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.


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.



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