Manager-Recon-GRS
As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.
Job Description
As Manager - Reconciliations, you will provide leadership, governance, and oversight across Cash, Position, Private Credit, and Derivatives Reconciliation functions. You will be accountable for ensuring reconciliation activities are performed accurately, completed on time, and delivered in accordance with established control standards, client requirements, and regulatory expectations.
Key Responsibilities include:
- Provide end-to-end governance and oversight of reconciliation processes, including Deal Closings, Drawdowns, Rollovers, Repayments, Prepayments, Cash, Positions, Invoice and Derivatives Reconciliations.
- Design, implement, and maintain a robust control framework to ensure compliance with SOPs, client requirements, SOC1, SOX, regulatory obligations, internal audit requirements, and enterprise risk standards.
- Lead, coach, and support supervisors and team members by identifying process gaps, driving corrective actions, and creating sustainable capacity within the function.
- Ensure timely completion of mid-year and year-end performance reviews, providing meaningful feedback, development opportunities, and coaching to support employee growth and engagement.
- Monitor and govern daily operational KPIs to ensure performance remains within target benchmarks, all service level agreements (SLAs) are achieved, and operational risks are proactively managed.
- Lead stakeholder engagement, escalation management, and governance forums to address service delivery challenges, control exceptions, operational risks, and client concerns in a timely manner.
- Oversee workforce planning, capacity management, prioritization of deliverables, and the execution of strategic initiatives to support business growth / transformation and operational stability.
- Drive operational excellence through process optimization, standardization, automation, and the adoption of AI-enabled solutions to improve efficiency, scalability, transparency, and control effectiveness.
- Partner closely with Business, Operations, Technology, Risk, Compliance, and Audit teams to implement best practices and continuously strengthen the reconciliation operating model.
The Experience You Bring
- 12-15 years of relevant industry experience in Portfolio Reconciliations, Corporate Loans and Structured Finance, within Middle Office Operations, including 6 - 7 years in a people leadership role.
- Strong subject matter expertise across Reconciliations, Private Credit, Trade Management, Corporate Actions, Data Management, Derivatives, and related Middle Office functions.
- Demonstrated ability to apply sound judgment in identifying issues, assessing risks, determining materiality, and escalating matters appropriately.
- Excellent organizational, operational, project management, and process improvement skills, with the ability to manage multiple priorities in a fast-paced environment.
- Proven commitment to accuracy, quality, accountability, and timely execution of deliverables.
- Strong leadership and influencing skills, with the ability to foster collaboration and build effective partnerships across diverse teams and stakeholder groups.
- Self-motivated and results-oriented professional with the ability to work independently while driving team performance and operational excellence.
- Exceptional verbal, written, and presentation skills, with the ability to communicate effectively at all levels of the organization.
- Strong analytical, problem-solving, and research capabilities, with a data-driven approach to decision-making.
- Effective prioritization and workload management skills, with the ability to balance competing business demands, strategic initiatives, and operational responsibilities.
- Academic requirements
- BCOM / MCOM / MBA or any professional qualification with Finance as the major Specialization
- Any additional certifications or training related financial operations will be a plus.
Full Time / Part Time
Full timeWorker Type
EmployeeJob Exempt (Yes / No)
YesWorkplace Model
At Invesco, our workplace model supports our culture and meets the needs of our clients while providing flexibility our employees value. As a full-time employee, compliance with the workplace policy means working with your direct manager to create a schedule where you will work in your designated office at least three days a week, with two days working outside an Invesco office.
Why Invesco
In Invesco, we act with integrity and do meaningful work to create impact for our stakeholders. We believe our culture is stronger when we all feel we belong, and we respect each other’s identities, lives, health, and well-being. We come together to create better solutions for our clients, our business and each other by building on different voices and perspectives. We nurture and encourage each other to ensure our meaningful growth, both personally and professionally.
We believe in diverse, inclusive, and supportive workplace where everyone feels equally valued, and this starts at the top with our senior leaders having diversity and inclusion goals. Our global focus on diversity and inclusion has grown exponentially and we encourage connection and community through our many employee-led Business Resource Groups (BRGs).
What’s in it for you?
As an organization we support personal needs, diverse backgrounds and provide internal networks, as well as opportunities to get involved in the community and in the world.
Our benefit policy includes but not limited to:
- Competitive Compensation
- Flexible, Hybrid Work
- 30 days’ Annual Leave + Public Holidays
- Life Insurance
- Retirement Planning
- Group Personal Accident Insurance
- Medical Insurance for Employee and Family
- Annual Health Check-up
- 26 weeks Maternity Leave
- Paternal Leave
- Adoption Leave
- Near site Childcare Facility
- Employee Assistance Program
- Study Support
- Employee Stock Purchase Plan
- ESG Commitments and Goals
- Business Resource Groups
- Career Development Programs
- Mentoring Programs
- Invesco Cares
- Dress for your Day
In Invesco, we offer development opportunities that help you thrive as a lifelong learner in a constantly evolving business environment and ensure your constant growth. Our AI enabled learning platform delivers curated content based on your role and interest. We ensure our manager and leaders also have many opportunities to advance their skills and competencies that becomes pivotal in their continuous pursuit of performance excellence.
To know more about us
About Invesco: https://www.invesco.com/corporate/en/home.html
About our Culture: https://www.invesco.com/corporate/en/about-us/our-culture.html
About our D&I policy: https://www.invesco.com/corporate/en/our-commitments/diversity-and-inclusion.html
About our CR program: https://www.invesco.com/corporate/en/our-commitments/corporate-responsibility.html
Apply for the role @ Invesco Careers: https://careers.invesco.com/india/