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MassMutual India

Reconciliation & Cash Oversight-Senior Associate

Posted 14 Days Ago
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Hyderabad, Telangana
Mid level
Hyderabad, Telangana
Mid level
The Senior Associate will handle the daily review of cash and position reconciliation exceptions, publish cash balances on time, manage reconciliation issues, and collaborate with internal and external partners for resolution, ensuring adherence to processes and controls.
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Who We Are - MassMutual India
Since 1851, MassMutual's commitment has always been to help people protect their families, support their communities, and help one another. Therefore, we want to inspire people to Live Mutual. We at MassMutual value diversity and inclusion. We're people helping people
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable, and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

  • As a member of the Reconciliation and Cash Oversight team you will be responsible for the daily review of cash and position reconciliation exceptions for your allocated accounts.
  • You will be responsible for the publishing of cash balances, within the agreed deadlines. You will escalate any instances where deadlines are under threat.
  • You will be responsible for assigning reconciliation exceptions to the relevant responsible party and following up with them to ensure that exceptions are cleared within agreed timeframes.
  • In performing your duties, 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) to ensure timely and accurate resolution of reconciliation exceptions.
  • 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.
Why Join Us?
We've been around since 1851. During our history, we've learned a few things about making sure our customers our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products, and services. To accomplish this, we celebrate an inclusive, vibrant, and diverse culture that encourages growth, openness, and opportunities for everyone. A career with MassMutual, Great Place to Work® certified and India's Best Workplaces in BFSI 2023 - Top 50 organization means you will be part of a strong, stable, and ethical business with industry leading pay and benefits. And your voice will always be heard.
Does this sound like a great fit? Apply today!

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