Manager- Reconciliation(Syndicated Loan & CLO)

Alter Domus; Hyderabad; Hybrid; INR 2,500,000 - 4,500,000; Full time

Job summary

Alter Domus is seeking a Reconciliation Manager to lead a team responsible for ongoing cash reconciliations within the NA CSP. You will design robust processes, drive efficiency, and ensure accurate deliverables for a global client base.

The ideal candidate has 12–15 years in funds administration with strong reconciliation expertise, cross-functional collaboration skills, and a track record of delivering large-scale transitions and process improvements.

Qualifications

• Bachelor’s degree in Finance, Accounting, or related field.
• 12–15 years in funds administration or financial operations.
• Strong knowledge of reconciliation processes and regulatory requirements.

Responsibilities

• Supervise and develop a reconciliation team.
• Ensure accurate and timely portfolio reconciliations.
• Collaborate with cross-functional teams to resolve issues.
• Maintain KPIs and SLAs for end-to-end process.
• Drive process improvements and automation initiatives.
• Support 24-hour operating model for global coverage.
• Lead transitions and large-scale implementation projects.
• Mentor and coach team members for growth.

Skills

Team leadership

People management

Project management

Stakeholder management

Analytical skills

Data-driven insights

Regulatory knowledge

Communication skills

Budgeting

Problem solving

Education

Bachelor's degree in Finance/Accounting/Business Administration

CPA or CFA certification

Tools

WSO

Sentry

Job description

JOB DESCRIPTION:

The Reconciliation Manager you will lead a team responsible for ongoing management of all cash reconciliations within the North American Client Service Platform (NA CSP). This role requires blend of strong managerial skills and technical knowledge and will be instrumental in building a high-performing team, designing robust processes, and implementing efficiency improvements across the reconciliation function. Will be the first level managerial role and will be responsible for the accurate deliverables and the people involved. The ideal candidate will have extensive experience in funds administration, a strong background in reconciliation processes, and a proven track record in managing large-scale transitions and process optimization initiatives.

Key responsibilities include:

• Supervise, mentor and develop a team of reconciliation specialists, fostering a positive and collaborative work environment.
• Utilise your strong technical knowledge to ensure accurate and timely reconciliation of portfolio.
• Collaborate with cross-functional teams to resolve reconciliation issues and provide insights into open items. Also, ensure seamless knowledge transfer and minimize disruption during the transition phase.
• Ensure adherence to regulatory requirements and internal policies. Prepare and review reconciliation packs and provide sign off.
• Maintain agreed KPI and SLA metrices for internal monitoring and enhance the performance of the end-to-end reconciliation process.
• Identify opportunities for process enhancements, implement best practices and drive automation to increase efficiency.
• Ensure a 24-hour reconciliation operating model to support global operations and improve service coverage.
• Build and lead a high-performance reconciliation team in India, focused on achieving month-end close targets.
• Foster a culture of accountability, continuous learning, and operational excellence within the team.
• Provide mentorship, coaching, and career development opportunities to team members, promoting professional growth and retention.
• Lead the identification, design, and implementation of process improvement initiatives.
• Use data-driven insights to enhance the reconciliation process, reducing errors, cycle times, and operational costs.

PROFILE

• Bachelors degree in Finance, Accounting, Business Administration, or a related field. Advanced degrees or certifications (e.g., CPA, CFA) are a plus.
• Minimum of 12- 15 years of experience in funds administration, financial operations, or related areas, with a strong focus on reconciliation processes.
• Sound knowledge of Syndicated Loans/ private loans, structured credit products like CDOs and CLOs.
• Working knowledge of different Loan platforms like WSO, Sentry would be an added advantage.
• Proven experience in managing large-scale transitions, preferably in a global context.
• Strong leadership and team management skills, with the ability to build and motivate high-performing teams.
• Excellent project management skills, with a track record of delivering complex projects on time and within budget.
• Strong analytical and problem-solving skills, with a focus on process optimization and efficiency.
• Experience in developing and implementing KPIs and SLAs in a financial operations environment.
• Excellent communication and stakeholder management skills, with the ability to influence and drive change across different levels of the organization.

LEADERSHIP & BEHAVIOURAL COMPETENCIES

• Excellent written and verbal communication skills.
• Strong organizational and time management skills.
• Ability to create and work in a high-volume, collaborative, deadline-driven environment.
• Budgeting experience at team level or higher.
• Strong communication and interpersonal skills.
• Strong understanding of global financial services regulations and technology trends.
• Commercial acumen, influencing and acting with confidence with diverse and challenging stakeholders.
• Proven track‑record of working autonomously in a matrixed organisation and demonstrate strong partnering skills, using them to build internal networks to achieve objectives.
• Possess intellectual curiosity and a global mind-set, flexing your style accordingly and operating with agility and tenacity.
• Possess personal learning agility and an ability to adopt and champion new skills and ways of working to role model and inspire others.
• Demonstrate a strong commitment to high integrity and ethics.
• Manage competing demands, actively prioritising and remaining calm under pressure while navigating complexity and challenges with confidence and resilience.
• Drive, monitor and maintain a culture of compliance and risk control.
• Demonstrate a strong commitment to high integrity and ethics.
• Hands-on leader capable of taking on a wide range of tasks with humility and flexibility.