Reconciliations & Banking Administrator - 6 Month Fixed Term Contract

**Job Specification**:
**Location**
- Bath

**Employment Type**
- Full time

**Department**
- Customer Operations

**Appointment Type**
- FTC

**Hours**
- 37.50

**Ref No**
- 10079

**Job Information**:
**About Us**:
At Wealthtime, we take pride in our role as a multi-award-winning financial technology company, known for our outstanding 5-star service platform. Our journey is guided by our shared values and behaviours: 'Seek Opportunity', 'Nurture Each Other' and 'Simply Get Going.'

With new ownership since 2021 and significant investments of over £17 million, Wealthtime is on an exciting path of growth. Our team, consisting of approximately 300 dedicated individuals, is at the heart of our journey, and we welcome you to join us as we continue to make our mark in the industry.

**About the Role**:
The Reconciliation & Banking Team works to ensure Wealthtime is adhering to client money protection rules. The team undertake daily reconciliations of client money accounts, oversee funding from the Corporate accounts for shortfalls, and process payments off the platform. Also includes completing checks on bank accounts and uploading payment files.

The duration of this role is an initial 6 month fixed term contract basis.

**Key Responsibilities**:

- Responsibility for the completion of the core team processes:

- Supporting the company’s on-going CASS adherence.
- Daily internal and external client money reconciliations & investigation.
- Internal and external custody reconciliations & investigation.
- Regulatory returns & claims.
- Liaison with third parties such as fund managers and banks.
- Nominee and investment manager payment processing.
- Cheque processing and banking.
- Achieve departmental service level agreements (SLAs) and key performance indicators (KPIs).
- Demonstrate flexibility during periods of high workload, assisting other services when required.
- Support the business software infrastructure with user acceptance testing and disaster recovery cycles.
- Achieve and actively maintain your skills and knowledge to adhere to the Training and Competence standards.
- Work to continually improve business procedures and processes.
- Meet all Financial Conduct Authority regulations, particularly CASS 6, 7 & 8.
- Ensure that Treating Customers Fairly (TCF) principles are adhered to, including raising any areas for concern with either Line Manager or Compliance.
- Manage risk effectively by informing Line Manager of any incidents, “near misses” or exposures to our risk profile. Comply with all Wealthtime policies and report any risks concerns to Line Manager.

You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management.

**About You**:
**Specialist Skills, Qualifications and Experience**:
**Essential**:

- Good attention to detail.
- Excellent interpersonal and communication skills.
- Ownership and accountability.
- Excellent drive, with ability to work unsupervised and under own initiative.
- Ability to work well under pressure and to tight deadlines.
- Working knowledge of Excel.
- Strong desire to learn and have holistic understanding of a process or issue.

**Desirable**:

- Investment Operations Certificate (IOC) or equivalent industry recognised qualification.
- Financial services experience.
- Understanding of investments and investment products.
- Reconciliation background.
- CASS knowledge, in particular CASS 6 and 7 regulations.
- Proven track record in concern for and adherence to regulatory requirements

**Rewards & Benefits**:
**Competitive Compensation**: We offer a competitive salary that reflects your skills and contributions.

**Hybrid Working**: Enjoy the flexibility of a hybrid work model, balancing the comforts of home with the camaraderie of the office.

**Yearly Discretionary Bonus**: Look forward to a yearly discretionary bonus as a token of appreciation for your dedication.

**Generous Holiday Package**: You'll receive 34 days of holiday per calendar year, including bank holidays. Plus, we offer the option to purchase or sell up to 5 additional days per year, tailoring your time off to suit your needs.

**Wellbeing at Heart**: We understand the importance of your well-being, which is why we offer a Wellbeing day, allowing you to take a break when you need it most, whether it's for your birthday, moving house, or simply pampering yourself.

**Professional Growth**: We're committed to your professional development and will support and encourage your career advancement.

**Comprehensive Health**: You and your family's health is a priority for us. We provide a Private Medical scheme that can be extended to full family coverage, an Income protection scheme, and a Life assurance scheme.

**Financial Security**: Prepare for your future with our Group contributory pension scheme.

**Travel with Ease**: We offer interest-free season ticket loans to help with travel costs.

**Giving Back**: You can participate in our W