Reconciliations Executive

**About BII**

British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.

It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.

In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.

BII at a glance

**75 years **supporting sustainable business growth in developing and emerging markets

**£8.1 billion** in net assets

**1,400+** businesses invested in

**950,000** workers in the businesses we support

**£9 billion** in new investments planned in the next 5 years

**600+** people in our diverse global team

**3 key development objectives: Productive | Sustainable | Inclusive**

**The pitch**

The Investment Operations team is made up of two groups:

- Data Management - responsible for ensuring investment related data is appropriate, accurate and consistent. Responsible for implementation and development of the Data Governance Policy.
- Portfolio Administration - responsible for ensuring all transactions are processed in a timely manner and recorded accurately. Responsible for ensuring BII’s portfolio of investments is monitored for lifecycle events and administered effectively and efficiently.

If you are an experienced Reconciliations Executive and want an opportunity to review the target operating model and technology used to complete reconciliations, as well as supporting the Portfolio Administration team in conducting reconciliations, this could be the right role for you. This role will report to the Head of Investment Operations and work alongside the Portfolio Administration and Data Management teams.

**About the role**

The primary responsibility (c. 50%) for this role is to develop a target operating model for reconciliations at BII, including:

- Reviewing the reconciliations conducted by Investment Operations and elsewhere within BII
- Completing a scoping exercise to confirm what reconciliations should be completed and how frequently
- Investigating and recommending technology solutions to facilitation the completion of reconciliations
- Defining roles and responsibilities, including governance and oversight
- Defining resourcing requirements to support the target operating model
- Defining management information requirements
- Working with stakeholders across BII to ensure their requirements are understood and taken into account in the development of the target operating model
- Conduct cash and share reconciliations, on a rota with members of the Portfolio Administration team (c. 25%)
- Identify and implement tactical changes to improve the effectiveness and efficiency of existing reconciliations, including changes to booking practices (c.25%)

**About you**
- Strong attention to detail and analytical skills to investigate reconciliation differences, and identify the appropriate individual or team for resolution
- Expert knowledge of reconciliation systems and how they interact with other systems
- In depth technical knowledge and expertise of key product attributes across product types including applicable regulatory requirements
- Significant experience in resolving complex issues, coordinating effectively with teams across BII
- Ability to develop and maintain productive relationships with a range of stakeholders
- Ability to effectively navigate and manage conflict
- Expert ability to navigate Excel
- Ability to develop solutions and build support to improve processes across the team
- Desirable skills:

- Understanding of Portfolio Management Systems (ideally eFront), experienced in understanding complex transactions and ability to resolve discrepancies that may arise
- Ability to effectively communicate and prioritise workflow across the team based on MI and knowledge of business needs

**Our cultural values**

We look for team members who aspire, as we do, to work at our best and to be:

- Impact-led, commercially rigorous
- Tenacious in the face of challenges
- Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

**How to apply