Associate Vice President, Global Reconciliation
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Before you apply
LocationMumbai, India
Work modeon-site
Typefull-time
SeniorityVP
Experience11–14 yrs
Company size1,001–5,000 people
PostedAug 28, 2026 · 2mo ago
Verified live17h ago
At a glanceSummarised by Seekless from the posting.
Proactively research, resolve and prevent all cash and par breaks with custodian banks and third party administrators
Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy
Reporting Cash & PAR breaks with custodian banks and third party administrators
Sound knowledge for Loan life cycle events Rollover, Paydown, Borrowing, PIK etc
Knowledge on loan restructure and corporate action events
Work with all internal and external stakeholders to improve and enhance settlement workflows
Review daily recons between internal systems and third parties and resolve discrepancies, including MLR discrepancies
Influencing and participating in decisions on policies/procedures designed to ensure compliance with internal, legal and regulatory policies and ensure changing business requirements are met
Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation
Participate in meetings representing recon and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary
Strong fixed income product knowledge, particularly bank loans
Strong understanding of the bank loan industry and standards
Understanding of custodian bank/administrator’s and agent’s data
Highly proficient in Microsoft Excel
Proficient in Microsoft Outlook, Word, ClearPar, Wall Street Office and Geneva
Graduate with 11 - 14 years of investment management operations experience with high emphasis on bank loan operations/Settlement
Experience working with an outsource/offshore service provider
Experience working with custodian and agent banks
Prepare daily, weekly, monthly and quarterly KPIs reporting and Powerbi system knowledge is a strong plus
Skills
Microsoft Excel
Microsoft Outlook
Word
ClearPar
Wall Street Office
Geneva
Powerbi
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
The Associate Vice President is responsible for the responsible to work on Cash and PAR Reconciliation for Bank loan Products.
Responsibilities
Primary responsibilities:
•
Proactively research, resolve and prevent all cash and par breaks with custodian banks and third party administrators
•
Direct fund administrators and custodian banks on appropriate processing and review/reconcile processing output for accuracy
•
Reporting Cash & PAR breaks with custodian banks and third party administrators
•
Sound knowledge for Loan life cycle events Rollover, Paydown , Borrowing, PIK etc
•
Knowledge on loan restructure and corporate action events
•
Work with all internal and external stakeholders to improve and enhance settlement workflows
•
Prepare daily, weekly, monthly and quarterly KPIs reporting and Powerbi system knowledge is a strong plus.
•
Review daily recons between internal systems and third parties and resolve discrepancies, including MLR discrepancies
•
Influencing and participating in decisions on policies/procedures designed to ensure compliance with internal, legal and regulatory policies and ensure changing business requirements are met
•
Contribute ideas and recommendations to improve process efficiencies and increase risk mitigation
•
Participate in meetings representing recon and participate in department initiatives such as system enhancements, off hours testing and new business conversions as necessary.
Requirements
Required knowledge:
•
Strong fixed income product knowledge, particularly bank loans
•
Strong understanding of the bank loan industry and standards
•
Understanding of custodian bank/administrator’s and agent’s data
•
Highly proficient in Microsoft Excel
•
Proficient in Microsoft Outlook, Word , ClearPar, Wall Street Office and Geneva
Experience / Education :
•
Graduate with 11 - 14 years of investment management operations experience with high emphasis on bank loan operations/ Settlement
•
Experience working with an outsource/offshore service provider
•
Experience working with custodian and agent banks
Reporting Relationships
Hiring process
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.