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Associate Level-I - Clearing & Custody Services (Reconciliation)

Apply REF: NOS000063

Job Description – APAC

Job Title:

Associate Level 1 or Senior Associate


 Oct 2019


GSO Nostro Reconciliation



Business Line / Function:

GSO Nostro Reconciliation

Reports to:


Manager of APAC team


(if applicable)


Number of Direct Reports:


Directorship / Registration:



Direct Responsibilities

  • Understand and get trained in all the tasks/activities in the process.
  • Perform the daily Nostros, Internal accounts reconciliation.
  • Ensure all the transactions are perfaormed within the agreed timelines without errors and mistakes.
  • Prioritize the work and conduct investigation with due diligence on all the discrepancies.
  • Identifying exceptions and out of balance situations, and liaised with internal departments as required, to reach resolution in a timely manner.
  • Taking corrective measures/action in consultation with the Team Lead /Assistant Manager.
  • Escalate unresolved open items to the Team Lead /Assistant Manager.
  • Should be prepared to travel if there is any requirement.

Contributing Responsibilities

  • Maintain Communication Channels with internal peer groups.
  • Participate in Cross Training and ensure the Knowledge transfer between the team and processes is happening on periodic basis.
  • Participate in Brain Storming Sessions and share the best practices and ideas with the peer groups and team members.
  • Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.


Technical & Behavioral Competencies

  • Strong verbal and written English Communication Skills is required.
  • Should possess strong analytical, organizational and interpersonal skills.
  • Should be committed and have the ability to prioritize the work and work independently as well as in a team environment.
  • Proficient in Microsoft Office Applications and strong MS-Word & Excel skills required.
  • Must be flexible and be prepared to work in any shift supporting Asia/Americas/European business hours based on business requirement.


Graduation / Post Graduation with specialization in Commerce or Finance.

Primary Location: IN-MH-MumbaiJob Type: Standard / PermanentJob: OPERATION PROCESSINGEducation Level: Bachelor Degree or equivalent (>= 3 years)Experience Level: At least 2 yearsSchedule: Full-time Behavioural competency: Ability to share / pass on knowledgeTransversal competency: Analytical Ability, Ability to set up relevant performance indicators, Ability to develop others & improve their skills