• Team Leader - Reconciliation Support Services Jobs in Chennai,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

Good knowledge of accounting

Good English communication skills both written and oral

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

Ability to work with multiple teams across locations

Ability to independently interact with wide set of stakeholders

Knowledge of TLM / similar reconciliation application preferred


To handle 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

Maintain and update site-specific process notes, and matrices covering authorised personnel

for recon-related queries, escalation contacts, mailing lists for all reports & outstanding broadcasts etc

Assist Managers / Central team in obtaining positive confirmation of the matrices at the frequency as specified in the DOI

Actively look for opportunities to standardize processes and assist Managers in process mapping and automation / improvement efforts

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

Actively assess risks and potential failure points in the processes handled and help highlight the areas to line managers and risk teams

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

Assist in carrying out BCP tests

Assist in Department & Group related projects

Qualification and Years of Experience

Graduates/ Post graduates 3 to 5 years of relevant experience

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 : 15th Mar 2020

Key Skills:

Company Profile:

Standard Chartered Bank Ltdarfix

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