Vice President, Reconciliation
BNY
Vice President, Reconciliation
BNY
Safeguards and moves assets for investors
Vice President, Reconciliation
We're seeking a future team member for the role of Vice President, Reconciliation to join our Managed Account Solutions team. This Vice President, Reconciliation role supports the Managed Account Solutions team by performing in-depth reconciliation analysis, identifying trends and root causes, and driving recommended solutions. The person will also lead reconciliation engagements across business areas, oversee testing and implementation of reconciliation software, and present findings and updates to senior stakeholders.
This role is located in Berwyn, Pennsylvania
In this role, you'll make an impact in the following ways:
· Complete in-depth data analysis of reconciliations, identify trends, perform complex root cause analysis, and execute on recommendations
· Lead reconciliation engagements across business areas, ensuring consistent practices and outcomes
· Review and oversee technical testing and implementation of reconciliation software; conduct complex testing and validate implementation code
· Review, analyze, and present conclusions, recommendations, and updates to senior staff
To be successful in this role, we're seeking the following:
· Bachelor’s degree in a related discipline or equivalent combination of education and experience
· 7-12 years of total work experience; experience in financial services preferred
· Strong ability to decipher complex root causes of reconciliation breaks and interpret detailed data analyses
· Experience with reconciliation software testing, implementation validation, and oversight of testing performed by junior staff
· People Leadership experience preferred
Base Salary Min: 69000
Base Salary Max: 160000
BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.
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