Reconciliations Associate

at  Barings

At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Job Title: Reconciliations Associate
Location: London, UK
As a member of Barings Operations, you will have responsibilities for key tasks in the delivery of global operational services relating to Cash and position Reconciliation processes.
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)
You will work alongside a global team of dedicated professionals responsible for performing all aspects of Reconciliation processing.
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.

Responsibilities:

• Work with global teams to ensure the accurate and timely reconciliation of cash and position reconciliations, to meet daily global processing deadlines, as well as periodic books closure processes.
• Performing controls and procedures to ensure that all cash and stock positions are reconciled in line with client / regulatory / Barings’ standards.
• Performing tasks to ensure the accurate management of breach investigation and the escalation of aged items through to resolution as appropriate
• Work closely with front office and business partners to provide daily operational support relating to the Reconciliation and Cash Management functions.
• Assist with the import and validation of internal and external data into the reconciliations system
• Assist with the validation of internal and external data into the reconciliations system and the subsequent matching of records to identify cash and stock breaks that require further investigation.
• As required, participate in business projects impacting Cash and Position Reconciliations.
• Ensure proactive communication while troubleshooting and resolving issues related to Reconciliation processing and escalating matters when warranted

Qualifications and Skills:

• Full understanding of Cash and Position Reconciliations processing.
• Solid understanding of operational risks and controls
• Able to understand urgency, multitask and prioritize to meet deadlines
• Strong teamwork ethic whilst also having the ability to function without explicit direction, challenge yourself to learn new things and continually improve
• Effective communication skills, both written and verbal

Experience:

• 10+ years’ experience in financial services
• Recent and relevant experience in Reconciliations
• Knowledge of Investment Management processes

Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply

• Work with global teams to ensure the accurate and timely reconciliation of cash and position reconciliations, to meet daily global processing deadlines, as well as periodic books closure processes.
• Performing controls and procedures to ensure that all cash and stock positions are reconciled in line with client / regulatory / Barings’ standards.
• Performing tasks to ensure the accurate management of breach investigation and the escalation of aged items through to resolution as appropriate
• Work closely with front office and business partners to provide daily operational support relating to the Reconciliation and Cash Management functions.
• Assist with the import and validation of internal and external data into the reconciliations system
• Assist with the validation of internal and external data into the reconciliations system and the subsequent matching of records to identify cash and stock breaks that require further investigation.
• As required, participate in business projects impacting Cash and Position Reconciliations.
• Ensure proactive communication while troubleshooting and resolving issues related to Reconciliation processing and escalating matters when warrante