Reconciliation Specialist - Reconciliation

WHAT MAKES US, US  

Join some of the most innovative thinkers in FinTech as we lead the evolution of financial technology. If you are an innovative, curious, collaborative person who embraces challenges and wants to grow, learn and pursue outcomes with our prestigious financial clients, say Hello to SimCorp!  

At its foundation, SimCorp is guided by our values — caring, customer success-driven, collaborative, curious, and courageous. Our people-centered organization focuses on skills development, relationship building, and client success. We take pride in cultivating an environment where all team members can grow, feel heard, valued, and empowered.  

If you like what we’re saying, keep reading!   

Why this is important to us: 

We are looking for a Reconciliation Specialist to join our team, who has a broad understanding of all Investment Operations functions. The role requires expertise across the full trade lifecycle and Investment Accounting Operations. This role suits someone who can deliver high-quality work efficiently in an active work setting. A keen interest in learning and using technology will support you in this role

While continuing to deliver client value, we believe it is vital to consider our people and our planet in every business decision we make 

What you will be responsible for: 

• Action daily tasks and monitor the workflow of processes such as: 
• Investigate and resolve reconciliation breaks and issues
• Preparing monthly reports
• Monitoring email box and replying on the emails in a timely manner
• Performing postings of cash adjustment in the system
• Conducting daily reconciliation of Cash, Trades and Positions on Client accounts
• Coordinate with third-party managers, counterparties, clients, and custodians to resolve operational issues
• Maintain procedures and ongoing training 
• Manage all administrative activities and contribute to reports to management 
• Knowledge and adherence to service delivery against SLA and Key Performance Indicators (KPI’s) 
• Independent investigation of complex cases with custodians 

What we value: 

• Thorough understanding of reconciliations 
• Significant experience in working within a buy-side or outsourced Operations team 
• Understanding of claims procedures. 
• A Bachelor’s degree in finance or the equivalent combination of education and experience 
• A good level of knowledge of Capital Market products 
• Familiarity with diverse security types and the investment industry 
• Enhanced communication with good verbal and written skills (English Language) 
• Advanced knowledge of MS Office tools (Word &Excel) 
• Knowledge of databases and SQL
• Well-developed analytical skills and a solid understanding of processes
• Business Analyst, project or onboarding experience is an advantage 

Benefits 

• Flexible working hours 
• Sharing the costs of private medical care 
• Sharing the costs of sports activities (Multisport Card) 
• Possibility to develop your career in an international environment 
• Professional training and courses 
• German and English language classes 
• Integration events and charity projects 

Next Steps 

Please send us your application in English via our career site as soon as possible, we process incoming applications continually. Please note that only applications sent through our system will be processed. At SimCorp, we recognize that bias can unintentionally occur in the recruitment process. To uphold fairness and equal opportunities for all applicants, we kindly ask you to exclude personal data such as photo, age, or any non-professional information from your application. Thank you for aiding us in our endeavor to mitigate biases in our recruitment process. 

If you are interested in being a part of SimCorp but are not sure this role is suitable, submit your CV anyway. SimCorp is on an exciting growth journey, and our Talent Acquisition Team is ready to assist you discover the right role for you. The approximate time to consider your CV is three weeks. 

We are eager to continually improve our talent acquisition process and make everyone’s experience positive and valuable. Therefore, during the process we will ask you to provide your feedback, which is highly appreciated. 

WHO WE ARE:

For over 50 years, we have worked closely with investment and asset managers to become the world’s leading provider of integrated investment management solutions. We are 3,000+ colleagues with a broad range of nationalities, educations, professional experiences, ages, and backgrounds in general.

SimCorp is an independent subsidiary of the Deutsche Börse Group. Following the recent merger with Axioma, we leverage the combined strength of our brands to provide an industry-leading, full, front-to-back offering for our clients.

SimCorp is an equal opportunity employer and welcome applicants from all backgrounds, without regard to race, gender, age, disability, or any other protected status under applicable law. We are committed to building a culture where diverse perspectives and expertise are integrated into our everyday work. We believe in the continual growth and development of our employees, so that we can provide best-in-class solutions to our clients.

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