• Manager - Support Services, Reconciliation Jobs in Bangalore,India

  • Standard Chartered Bank Ltd

Job Description:

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

Skills Required

Expert knowledge of reconciliations and TLM

Strong knowledge of accounting / underlying product operations

Strong English communication skills both written and oral

Knowledge of MS suite of applications is a must, word, excel & PowerPoint

Ability to independently interact with wide set of senior stakeholders across multiple countries

Good people management skills with 1 - 2 years of people management experience

Ability to deliver as per target timelines


Manage account reconciliation activities covering;

1 Nostro account reconciliations,

2 Internal/ GL account (suspense and sundry) reconciliations,

3 Trade/Stock and Position reconciliations,

4 Credit Card, ATM, retail branch banking reconciliations

Perform error free reconciliation as per procedures (DOI) / Reconciliation Policy using reports from various transaction processing and recon applications

Prior experience of working with TLM (Transaction Lifecycle Management) or any automated reconciliation platform preferred

Handle customer queries and correspondence (both internal and external) and maintain effective working relationships with all departments, country and internal stakeholders including technology teams

Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA /reconciliation matrix, DOIs

Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation break with clear articulation of the requirement and attention from them is a must

Actively look for opportunities to standardize processes / automate / eliminate non value added activities and implement them for process improvements

Liaise extensively with a wide set of senior stakeholders, get required support to resolve long outstanding reconciliation open items and get buy in to implement process / system changes

Continuously improve team productivity to the standards prescribed

Create sufficient back-ups for each process to eliminate key staff risk at any point of time

Work to reduce System Downtime in collaboration with technology teams

Perform end-to-end analysis of reconciliation processes and controls and propose solutions for addressing gaps, from a reconciliation perspective

Perform root-cause analysis of reconciliation errors and issues with clearly articulated mitigation plans

Follow up on risks with both internal teams and external stakeholders for timely closure without becoming overdue and promptly update actions to risk teams ahead of target timelines

Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable

Uphold the values of the Group and Company at all times

Comply with all applicable rules / regulations and Company & Group Policies

Ensure adherence to all SLAs and proper updation of all logs such as TAT, system downtime, errors and exceptions log

Carry out BCP tests

Assist in Department & Group related projects

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

Company Profile:

Standard Chartered Bank Ltdarfix

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