Reconciliation Manager | Finance

GIFT City. Posted 3 months ago

The role

You will own the end-to-end daily reconciliation of trades, positions, and cash. You will lead and develop a team of associates to shape the reconciliation function.

What you will do

Own end-to-end daily reconciliation of trades, positions, and cash against prime brokers, custodians, clearing members, clearing corporations, and fund administrators
Lead, mentor, and develop talent across the team
Allocate workload across coverage windows
Act as the escalation point for complex breaks
Oversee investigation and timely resolution of breaks
Onboard new reconciliations and counterparties
Identify patterns in recurring breaks to reduce future exceptions
Own management reporting on match rates, break aging, root-cause trends, and team KPIs
Document and formalize procedures
Partner with technology to evaluate, design, and implement automation and process improvements

Required qualifications

At least 10+ years of experience in reconciliation, settlements, or a related operations function, including direct people-management experience
Strong working knowledge of trade, position, and cash reconciliation and the full trade lifecycle, with emphasis on global market conventions
Deep asset class familiarity across equities, equity swaps, FX, futures, options, fixed income products and related instruments
Hands-on experience reconciling against prime brokers, custodians, clearing members and corporations, and fund administrators
Proven ability to build, lead, and develop a high-performing operations team and drive delivery against tight deadlines across time zones
Comfort working with large, complex data sets and drawing conclusions from them
Excellent written and verbal communication skills in English
A controls-oriented mindset with a focus on reducing operational risk
Strong documentation and organizational skills
Reliable and predictable availability

About the company

Jump Trading Group is a leading trading firm that empowers talent in Mathematics, Physics, and Computer Science to apply research to global financial markets.