Cash & Position Reconciliation

Hyrix; Hyderabad; On-site; INR 1,260,000 - 1,540,000; Full time

Job summary

Hyrix in Hyderabad is hiring a Team Lead for Cash & Position Reconciliation to lead daily reconciliation operations in financial services. You will oversee a small team, ensure accuracy, monitor SLAs and coordinate with custodians and internal stakeholders.

The role requires 6–8 years in reconciliation, strong Excel and analytical skills, and prior supervisory experience. US shift applicable, work from office in Hyderabad.

Qualifications

• 6-8 years of relevant experience for Team Lead roles.
• Strong experience in Cash & Position Reconciliation.
• Experience in financial services / banking operations.
• Team handling / supervisory experience.
• Knowledge of Intellimatch, SmartStream, AutoRek or similar tools.
• Good understanding of Trade Lifecycle, Settlements & Fund Accounting.
• Excellent communication and stakeholder management.
• Strong Excel and analytical skills.

Responsibilities

• Manage cash & position reconciliation activities across accounts and asset classes.
• Review reconciliation outputs and ensure accurate & timely completion.
• Monitor and resolve reconciliation breaks within SLA.
• Coordinate with custodians, counterparties and internal stakeholders.
• Manage daily workflow and support team performance.
• Ensure adherence to SOPs, maker-checker controls and operational processes.
• Prepare break reports, exception summaries and operational updates.
• Identify process improvement and automation opportunities.

Skills

Cash & Position Reconciliation

Team leadership

Excel

Analytical skills

Stakeholder management

Education

Bachelor's degree in Finance, Commerce, Accounting, Economics or related field

Tools

Intellimatch

SmartStream

AutoRek

Job description

HIRING: Cash & Position Reconciliation - Team Lead | Hyderabad

We are hiring experienced professionals for Cash & Position Reconciliation roles in Hyderabad. If you have strong experience in reconciliation operations and financial services, this could be a great opportunity!

• SPE - Up to ₹7 LPA
• SME - Up to ₹10 LPA
• Team Lead - Up to ₹14 LPA
• Team Manager - Up to ₹18 LPA

Location: Hyderabad

Work Mode: Work from Office

Shift: US Shift

Working Days: 5 Days

Notice Period: Immediate to 60 Days

Key Responsibilities

• Manage cash & position reconciliation activities across accounts and asset classes.
• Review reconciliation outputs and ensure accurate & timely completion.
• Monitor and resolve reconciliation breaks within SLA.
• Coordinate with custodians, counterparties and internal stakeholders.
• Manage daily workflow and support team performance.
• Ensure adherence to SOPs, maker-checker controls and operational processes.
• Prepare break reports, exception summaries and operational updates.
• Identify process improvement and automation opportunities.

Required Skills

• 6-8 years of relevant experience for Team Lead roles
• Strong experience in Cash & Position Reconciliation
• Experience in financial services / banking operations
• Team handling / supervisory experience
• Knowledge of Intellimatch, SmartStream, AutoRek or similar tools
• Good understanding of Trade Lifecycle, Settlements, Corporate Actions & Fund Accounting
• Strong Excel and analytical skills
• Excellent communication and stakeholder management skills

Education

Bachelor's degree in Finance, Commerce, Accounting, Economics or related field.

Screening Questions

1. Explain Cash and position breaks in detailed
2. What application we use in current organization
3. What the challenges that you faced while handling team? If TL What is the KPI for the process?
4. How to control the risk involved breaks and check point?
5. What is mean by tax withholding?
6. What are the MIS reports which you handle?
7. What types of products which you worked and explain?
8. What type of products you are handled
9. How do you handle the DVD breaks If you get the invalid break on custody side, how do you resolve Explain 5 type of breaks which you are handled Reconciliation process Coupon payment validation parameters Explain Trade life cycle What type position breaks you are handled What are the clients you handled in current organisation.

Targeted Companey Citi bank HSBC,principal global , bny ,broad ridge,BNP, State street