Associate Manager Recon

Flourish Ventures; Chennai District; On-site; INR 600,000 - 1,200,000; Full time

Benefits offered by this job

Inclusive culture

Health & Wellness Programs

Comprehensive Medical Insurance

Recognition Programs

Learning Opportunities

Job summary

M2P Fintech in Chennai is seeking a Reconciliation Analyst with 3-5 years of experience in reconciliation of payment products. The role requires understanding of payment systems like UPI, NPCI, RuPay, VISA and IMPS, and building automated reconciliation workflows using SQL.

You will analyze requirements, design and implement SQL queries, monitor outputs, perform root cause analysis, and ensure timely, high-quality deliverables while collaborating with internal teams.

Qualifications

• Strong analytical and problem-solving abilities with a proactive mindset.
• Ability to translate reconciliation requirements into automated SQL-based workflows.
• Excellent collaboration skills and attention to quality, meeting defined turnaround times (TAT).

Responsibilities

• Analyze reconciliation requirements from clients and operations teams.
• Design, develop, and implement SQL queries to automate reconciliation processes.
• Improve efficiency of reconciliation workflows through automation.
• Monitor solutions and diagnose discrepancies post-implementation.
• Perform root cause analyses and fix defects.
• Ensure timely delivery with high quality and proper documentation.
• Collaborate with internal teams to optimize processes and performance.

Skills

Analytical skills

Problem solving

Stakeholder collaboration

Turnaround time

Tools

SQL

Job description

Designation: Reconciliation Associate Manager

Location: Chennai
Experience: 3-5 years

Who Are We?

M2P Fintech is a leading Banking Technology Platform, shaping the future of digital finance.

Established in 2014 and headquartered in Chennai, we have a strong footprint across 30+ countries in Asia-Pacific, the Middle East & Africa (MEA), and Oceania.

At the forefront of next-gen fintech, we drive innovation in banking, lending, and payments infrastructure. Powering global fintech transactions, our comprehensive technology stack enables seamless banking solutions, lending platforms, Buy Now Pay Later (BNPL) services, customized credit cards, prepaid cards, and more.

About the Role

M2P Fintech is looking for a Reconciliation Analyst with experience in reconciliation of payment products. The ideal candidate should have a strong understanding of payment systems and be capable of analyzing reconciliation requirements, automating reconciliation workflows, and ensuring accuracy and efficiency in reconciliation operations.

What Will You Do in this Role

• Analyze and interpret requirements from client and operations stakeholders to understand reconciliation needs.
• Design, develop, and implement SQL queries to automate reconciliation processes in a recon environment.
• Enhance efficiency and accuracy of reconciliation workflows through automation.
• Monitor implemented solutions and identify issues or discrepancies in outputs.
• Perform root cause analysis and fix errors or defects arising post-implementation.
• Ensure all deliverables are completed within defined turnaround time (TAT) with high quality.
• Collaborate with internal teams to optimize processes and improve system performance.
• Maintain documentation for implemented solutions and process changes.
• Continuously identify opportunities for process improvement and automation.

What You’ll Need to be Successful in this Role

• 3-5 years of experience in reconciliation of payment products.
• Understanding of payment systems like UPI, NPCI, RuPay, VISA, and IMPS is a must.
• Ability to analyze reconciliation requirements and implement automated reconciliation solutions using SQL.
• Strong analytical and problem-solving skills with the ability to perform root cause analysis.
• Ability to collaborate effectively with internal teams and stakeholders.
• Strong focus on quality, accuracy, and adherence to defined turnaround times (TAT).

Preferred Experience

• Preference shall be for anyone who has experience in SmartStream or TLM Recon systems.

Perks and Benefits

• Inclusive and People-First Culture.
• Health & Wellness Programs.
• Comprehensive Medical Insurance.
• Recognition Programs.
• Learning Opportunities.