VP - Domestic Payments Recon Lead at Citi

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

15 Mar, 26

Salary

0.0

Posted On

15 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Payments Operations, Reconciliations, Accounting, Process Improvement, Team Leadership, Collaboration, Analytical Skills, Budget Management, Risk Assessment, Compliance, Communication, Problem Solving, Workflow Standards, Training Development, Automation, Exception Resolution

Industry

Financial Services

Description

The Domestic Payments Recon lead is an intermediate level role responsible for ensuring timely reconciliations, Investigations, Product designing to meet recon requirements, managing recon team. The role includes the end to end ownership for execution of the Domestic Payments Recon globally. Responsibilities: Lead Domestic Reconciliation operations globally and across Asia, leveraging deep subject matter expertise Team lead for the CSIPL Recon Utility and responsible for Daily BAU monitoring, delivering recon outputs and quality improvements. Collaborate with Operations, Product, Tech teams for comprehensive design reviews of new products / processes / system migration, optimizing accounting flows, and aligning on robust reconciliation frameworks to be deployed. Perform reconciliations, investigate and resolve exceptions, including complex legacy issues, and drive the development of automated reconciliation and eliminate day-0 break. Act as a primary interface with relevant Operations teams, providing follow-the-sun and standardized support for global reconciliations Manage staff resource allocation while assisting with the development and oversight of the budget Resolve complex and highly variable issues with significant departmental impact Evaluate performance and make recommendations for training/development, pay increases, hiring, terminations and other personnel actions Ensure essential procedures are followed and contribute to defining workflow standards Contribute to the objectives of the entire Transaction Services function Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards. Qualifications: 6-10 years of experience in a related senior level role with experience in Payments Operations, Reconciliations and accounting background. Proven experience in creating and implementing processes that result in improved business performance Effective verbal and written communication and analytical skills Education: Bachelor's/University degree, Master’s degree preferred This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. ------------------------------------------------------ Job Family Group: Operations - Transaction Services ------------------------------------------------------ Job Family: Cash Management ------------------------------------------------------ Time Type: Full time ------------------------------------------------------ Most Relevant Skills Please see the requirements listed above. ------------------------------------------------------ Other Relevant Skills For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi. View Citi’s EEO Policy Statement and the Know Your Rights poster.

Responsibilities

Lead Domestic Reconciliation operations globally and manage the reconciliation team. Collaborate with various teams for product design and ensure timely reconciliations while resolving exceptions.