Reconciliation Specialist
4 weeks ago
We are seeking a detail-oriented Reconciliation Specialist to oversee daily reconciliation processes, ensuring the accuracy and integrity of our financial records. In this role, you will identify discrepancies, collaborate closely with internal departments, and contribute to our commitment to operational excellence.
Key Responsibilities:
- Monitoring of operating accounts, ensuring reconciliations are performed accurately and within defined timeframes.
- Escalation of items that present risk.
- Posting reconciliation items within internal systems and utilizing 3rd party tools.
- Ad hoc project work related to reconciliation, including product initiatives, audit requests, and regulatory requests.
- Assisting the Senior Reconciliations Executive with monitoring and managing day-to-day processing activity.
- Monitoring and reporting on bank positions/balances.
- Performing internal reconciliations.
- Identifying improvements and suggesting solutions for operations workflow and communicating these.
Requirements:
- Proven experience in settlement or reconciliation operations.
- Knowledge of global payment routes and reconciliation best practices.
- Solid understanding of reconciliations and exception management.
- Comfortable working in a dynamic and fast-paced environment.
- Familiar with process mapping and the development of operating procedures.
- Experience in testing or development of 1st line controls.
- Technical ability; familiar with using 3rd party reconciliation tools.
Benefits:
- 25 days holiday per year + bank holidays.
- Hybrid working arrangements.
- Contributory pension scheme.
- Enhanced parental leave.
- Cycle to work scheme.
- Private medical insurance through Vitality.
- Access to Oliva, our mental health therapy partners.
- Discounted gym membership.
- Financial coaching with Octopus Wealth.
- 2 days of volunteering leave per year.
- Sabbatical after 5 years' service.
- Ongoing learning and development to support you reach your career goals.
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