2 Mt940 Jobs

About this role: Wells Fargo is seeking a Lead Business Execution Consultant Reconciliation Utility In this role, you will: Lead cross functional teams to strategize, plan, and execute a variety of programs, services and initiatives Drive accountability for assigned initiatives, limit risk exposure, and create efficiencies as appropriate Review strategic approaches and effectiveness of support function and business performance Perform assessments through fact finding and data requiring creative approaches to solving complex issues, and develop appropriate solutions or recommendations Make decisions in highly complex and multifaceted situations requiring solid understanding of business group's functional area or products, facilitate decision making and issue resolution, and support implementation of developed solutions and plans Collaborate and consult with members of the Business Execution team and team leaders to drive strategic initiatives Influence, guide and lead less experienced Strategy and Execution staff within the group Optimize IntelliMatch/Xceptor usage, enhancing automated matching logic and exception workflows to improve overall reconciliation efficiency Design and enforce reject management processes, ensuring failed transactions are swiftly investigated and resolved Mange SWIFT message processing, ensuring accurate interpretation of MTs and MX messages across reconciliation platforms Strengthen ETL data integrity, ensuring seamless extraction, transformation, and loading of financial data into reconciliation engines Monitor missing statement controls, proactively addressing data gaps that impact reconciliation completeness and closely work with external agent banks/tech teams/relationship managers Develop feed management controls, ensuring accurate and timely ingestion of financial data into reconciliation systems Establish a robust static data maintenance framework, ensuring accuracy in reference data and system configurations Enhance reconciliation governance, aligning with regulatory and internal risk control standards Drive automation and process optimization, reducing manual intervention and operational risk Lead investigation on breaks, escalations, and remediation efforts, collaborating with risk, compliance, and technology teams Partner with senior stakeholders across operations, risk, technology, and finance to drive reconciliation improvements Collaborate with external vendors, ensuring optimal IntelliMatch/Xceptor configurations and reconciliations capabilities Measure, monitor and ensure all source feeds (both internal and external) are received within agreed SLA., identifying process improvements to gain synergies on an ongoing basis Extensive experience on monitoring ledger and statement rejects queues in IntelliMatch/Xceptor Extensive experience on out-of-proof checks to ensure data integrity of ledger and statement feeds Escalate and resolve missing/incomplete feed data loads. Strong knowledge and experience of Reconciliations within Investment Banking/Corporate/Wealth businesses Should lead the end-of-day control checks on rejects/Out of proofs & ensure all are resolved or anything outstanding should appropriately reported as per the regulatory framework Responsible for ensuring all account static maintenance gets completed including creation, amendment and closure of account setup/Department code/Match rules/Auto coding rules after validation and checks Extensive knowledge on IntelliMatch/Xceptor look up table & Group filter maintenance Fair understanding around Securities merging for Depot recs Fair understanding of IntelliMatch/Xceptor static fields such as legal entity/client firm maintenance & Reconciliation Catalogue Static updates Should have fair understanding around leading multiple tech/ops related projects Proficient in the maintenance of matching criteria in IntelliMatch/Xceptor along with the facilitation of testing and setup. Responsible for escalation of any outstanding Rejects/Out of Proofs/Missing Statements to Operational Risk & Control and regulatory teams Act as the key point of contact with stakeholders (i.e. Technology, Change Manager) in order to implement changes Required Qualifications: 5+ years of Business Execution, Implementation, or Strategic Planning experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: Minimum B.Com Graduation Degree / MBA (Finance)/Post Graduation 15+ years of relevant experience in Fintech Domain, must in reconciliations Expertise in IntelliMatch, Xceptor & Other reconciliation tool, including configuration, automation, and exception management In-depth knowledge of SWIFT messages, including MT940, MT950, MT103, MT535/536, and ISO 20022 standards Strong understanding of ETL processes, data transformation techniques, and financial data integrity controls Proven track record in reconciliation risk management, static maintenance, and reject management controls Exceptional analytical skills, with the ability to access complex data issues and drive resolution Experience in process automation, leveraging Al/ML or RPA solutions for reconciliation enhancement Leadership experience, managing global teams and stakeholder engagements Strong communication and problem-solving skills, with an ability to influence across levels Exhibits strong relationship / negotiation orientation with senior level business partners globally Ability to work in a matrix environment and managing multiple competing priorities Strong stakeholder management, networking and relationship management skills Ability to drive change and transformation, project management & implementation in business operations Demonstrates a high degree of reliability, integrity, and trustworthiness in all areas Takes ownership and accountability for responsibilities, business outcomes, and for management of risk exposure Advanced PC skills, including Microsoft Office Applications Excellent Communication, planning and organizing skills Excellent verbal, written, and interpersonal communication skills

Position Purpose Senior Associate will be managing the daily operations/workflow within the business group and helps the Line Manager in achieving the process deliverables. Solid functional understanding of the business is recommended along with strong knowledge of products related to Settlement/Corporate Action/Trade Processing. Experience in working with Intellimatch will be an additional attributes. The candidate should have hands on experience in cash & securities reconciliation process. All static and migrations should be managed with respect to reconciliation requirements. Solid technical understanding of the business is expected, including strong knowledge of Intellimatch system. Demonstrated commitment to continuous process improvement is a key driver. He/ She will be responsible for interacting with Line Managers and the clients of BNP Paribas Group and needs to provide high quality of service to the internal/ external clients. He/ She should play a SME role for any complex/ technical issues arise in daily BAU in reconciliation and provide expert advice to other aligned business lines for which reconciliation is performed. Regular interaction with the Team Lead/ Assistant Manager of BAU reconciliation for improving the quality of reconciliation produced to business. He/ She should be able to articulate well and communicate well across all levels in the organization. Ensure all the transactions are performed within the agreed timelines without errors and mistakes. Maintain Communication Channels with internal peer groups and business teams. Ensure to get cross trained within process and transfer the Knowledge transfer between the team and processes is happening on periodic basis. Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members. Ensure to be updated with the procedure document and User Guides. Evaluate and update documented procedures to ensure they are complete, accurate and current. Accountable to follow the BCP / BIA documents Escalate unresolved open items to the Team lead / Assistant Manager. -Understand the business structure within BNP, along with the process. Primary Responsibilities Handling the reconciliation process and related activities for Clearing and Custody Services/ Investment Fund Services/ Middle Office Position business respectively. Identifying missing balance, trail balance, proof difference and resolving all variances to reach resolution in a timely manner. Performing a range of daily, weekly, monthly & quarterly reconciliations across all the business lines. Performing a range of daily, weekly, monthly & yearly controls to ensure feeds & related net transactions are in place Providing user training as required, improving the understanding of the control aspects of Intellimatch within the business. Ensure all activities are performed within agreed timelines. Investigating any open breaks and work with business team and any external parties for resolution. Identifying the reconciliation deviation/ backlogs in terms of process and having the discussion with BAU Manager to execute the correction process via BAU team. Assist with various ad-hoc projects and new initiatives within the team. All controls has to be followed, Controls are properly evidenced and complete by each activity Escalate unresolved open items to the Team lead / Assistant Manager. Preparing the maintenance & control reporting to senior management and audit. Should gain knowledge in various Swift Message Types, especially MT940/950 and MT535/536 and ensure to understand the details available in these messages. Analyzing the details/ references received in MT940/950 and MT535/536 and liaise with correspondent banks and Sub custodians in order to improve auto matching in Intellimatch. Provide on the job training for new recruits, updating job procedures from time to time and collating information on the status and progress of tasks to the onshore location. Track and maintain all the issues arising in the process and adhere to proper escalation matrix for resolution. Ensure all the process changes are discussed with team and tracked in the tracker appropriately. Identify the possibilities and create various rules to increase the percentage for the automatic matching process in Intellimatch. Responsible for the internal integrity of the automated reconciliation via Intellimatch. Maintaining the static data in Intellimatch databases including new accounts set-ups, department setup, matching rules, and other static data. Liaising with other departments to ensure aged breaks are properly commented with the current status and resolved in timely manner. Handling all types of rejects batches and formatting the files as per the requirement of Intellimatch. Manual import of files via Recollector Defining references in the lookup table to automate assignments and avoid discrepancies in Intellimatch. Liaising with IT for any discrepancies or changes in the flat files received for import. Building strong control mechanism for reconciliation unit in consultation with manager which should result in mitigating the risk. Maintain Communication Channels with internal peer groups, within GSO and with spoke locations. Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members. Primary Working Relationships The Candidate will report to the Process Lead/Assistant Manager of the process. Actively participate in all huddles and internal meetings. The position interacts with other Process Associates, Mid Office Staff, Relationship Managers and Clients. The position interacts with International Team Members of BNP Group. Contributing Responsibilities Working together with Lisbon, Mumbai & Chennai to achieve the vision of SSC. Work closely with stakeholders to mutually enrich the quality of process and to encourage collaborative efforts in achieving client satisfaction. Technical & Behavioral Competencies -College Degree, preferably a Masters degree in Commerce or MBA (Finance) Strong verbal and written English skills required.Ability to converse clearly with internal and external staff. Minimum 4 years of experience in reconciliation background in investment banking domain and/or prior related industry for a Senior Associate. Mandatory hands on experience of reconciliations applications like Intellimatch. -Strong analytical skills, detail orientation, service commitment, and solid organizational and interpersonal skills. -Ability to work independently, as well as in a team environment, prioritizes multiple tasks, and meets strict deadlines. -Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required. -To be based in Chennai /Mumbai and prepared to travel if required. -Must be prepared to work in any shift supporting business . -Identify Operational Risk Areas within the Client Business Revenue Process. -Supervise, Monitor, Control and Co-ordinate all activities in the department. Client Focus & Adaptability: Client Focus: Be pro-active in developing customer relations by understanding and responding to customer needs. Strive continually for customer satisfaction and focus on Client Delight. Commit/Promise only what can be delivered by keeping Banks interest in mind. Try to identify the real needs of the customer, including those not necessarily stated. Advise/Educate the clients staff on formulation of data which suits to BNP Applications. Adaptability: Always look for ways to improve services and processes Be able to adapt to different markets and different clients evolution Integrity, trust & fairness Acts with integrity in all interactions with colleagues, team members and clients. Promises only what can be delivered, managing expectations and honors commitments, and, has committed to ethical practices in all interactions and relationships. Treats others fairly, showing respect and courtesy. Builds trust by responding openly, genuinely and consistently to others. Self-motivated and contribute in team bonding activities. -To be Positive influencer, Flexible, dependable & maintain team spirit Specific Qualifications (if required) Skills Referential Behavioural Skills(Please select up to 4 skills) Communication skills - oral & written Organizational skills Attention to detail / rigor Ability to collaborate / Teamwork Transversal Education Level: Bachelor Degree or equivalent Experience Level At least 5 years Other/Specific Qualifications Minimum 4 years of relevant experience is ok (4 years not available in the drop down)