Our client is a global trading firm looking to hire a Reconciliation Manager to lead and build out their reconciliation function in GIFT City.

This is a newly established function within the firm's growing back office, covering daily reconciliation of trades, positions and cash across global markets and asset classes. The role would suit a hands-on operations leader who wants ownership of an end to end process, works comfortably in a flat and fast moving environment, and is interested in shaping how a reconciliation team is run rather than maintaining business as usual.

Responsibilities for the Reconciliation Manager:

• Own the daily reconciliation of trades, positions and cash against prime brokers, custodians, clearing members, clearing corporations and fund administrators.
• Lead, mentor and develop a team of reconciliation associates, allocating workload across coverage windows and acting as the escalation point for complex breaks.
• Oversee investigation and timely resolution of breaks, working with internal teams and external counterparties globally to identify root causes.
• Onboard new reconciliations and counterparties as the firm's activity and control environment expands.
• Identify patterns in recurring breaks and feed improvements back into upstream processes.
• Own management reporting on match rates, break aging, root cause trends and team performance metrics.
• Document and formalise procedures to support consistency, scalability and knowledge continuity.
• Partner with technology to evaluate, design and implement automation and process improvements.
• Work closely with the global team, including senior stakeholders based overseas, across APAC and EMEA coverage.

Requirements for the Reconciliation Manager:

• At least 15 years of experience in reconciliation, settlements or a related operations function, with direct people management experience.
• Strong working knowledge of trade, position and cash reconciliation and the full trade lifecycle, with exposure to global market conventions.
• Familiarity across multiple asset classes including equities, equity swaps, FX, futures, options and fixed income products.
• Hands on experience reconciling against prime brokers, custodians, clearing members and corporations, and fund administrators.
• Proven ability to build and develop an operations team and deliver against tight deadlines across time zones.
• Comfort working with large and complex data sets and drawing practical conclusions from them.
• Interest in technology and automation, and a willingness to drive improvements personally rather than only through others.
• Strategic mindset with the ability to assess processes, challenge the status quo and think beyond standard operating procedures.
• Excellent written and verbal communication skills in English, with the ability to engage stakeholders globally.
• A controls oriented mindset with strong documentation and organisational skills.
• Based in or willing to relocate to GIFT City, India.

Selby Jennings is a Trading Style of Phaidon International (License number 16S8194)