Cash Investigation and Input - Hyderabad, India - Massachusetts Mutual Life Insurance Company

Massachusetts Mutual Life Insurance Company

Verified Company

Hyderabad, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Hyderabad, IN

Finance & Accounting
JID_136854_18226

Position description:

Investigate and resolve reconciliation exceptions sourced to Cash Investigation team
Escalation of high value and aged items to Management
Timely and accurate input of cash items to Aladdin advised by the business

Key responsibilities and accountabilities:

As a member of the Cash Investigation & Input team you will be responsible for the review and resolution of all reconciliation exceptions sourced to Cash Investigation including items such fees, interest, custodian FX.
You will work closely with both internal partners (including, but not restricted to, Portfolio Management, Public & Private Operations) and relevant external parties (including Global Custodians and counterparties) to ensure timely and accurate a) resolution of reconciliation exceptions and b) cash input to Aladdin.
You will follow the processes and controls set out by team management.

Once fully trained, you will demonstrate credibility with a proven competency and knowledge of the related operational activities, as well as drive efficiency and accuracy to reduce risk in our processes.

Goals:

Accurate and timely transaction processing of cash input to Aladdin, ensuring tasks are prioritized accordingly to meet processing deadlines.
Ensuring that cash reconciliation exceptions are resolved on a timely basis, and that high value items are escalated to Management as appropriate.
Work closely with business partners to provide daily operational support relating to cash exceptions and input.
Identify risk issues and use good judgement in communicating issues and escalating matters to your team leader.
Develop strong relationships with the HK, UK and US teams and other relevant 3rd parties e.g. Custodians, to ensure smooth workflows and enhance the output of the team.
Actively ensure upward and downward communication of developments and issues

Knowledge, skills and abilities:

Mandatory

Good understanding of cash processing.
Basic understanding of different types of FX and the related trade processing is an added advantage
Good understanding of operational risks and controls
Experience with Aladdin desirable.
Analytical ability to evaluate the root causes of the problems
Able to manage heavy workload, understand urgency, multitask and prioritise to meet deadlines
Strong teamwork ethic whilst also having the ability to function with some direction from your team leader, challenge yourself to learn new things and continually improve
Effective communication skills, both written and verbal particularly when escalating issues to the APAC / EMEA and US teams.

Education and experience: