Our client is currently looking for a Reconciliations and Investigations Officer, to play a key role in ensuring BAU and team daily tasks are completed efficiently. Our client is looking for an individual who will be able to escalate issues and challenges, proactively review procedures and play an active role giving input and insight into development of the team.
Reconcile the Bank’s general ledger to the various sub-ledger systems on a daily basis and investigate any differences for all EMEA Offices.
Reconcile accounts to ensure that all accounts are nil on a daily basis, escalating breaks for clearance.
Monitor the EMEA Offices bank and customer Contingent Liabilities on a daily basis and investigate any differences.
Reconcile the Bank’s Nostro accounts for EMEA Offices, ensure detailed information is received for all unmatched items and updated in the reconciliation database/tool.
Liaise with OAD Sections across EMEA to ensure unmatched Nostro items are cleared in a timely manner.
Reconcile Interest and Charges across all EMEA Nostro accounts.
Investigate and secure clearance of exceptions (breaks), identified through reconciliation of Nostro accounts.
Process interest claims on Investigations, ensuring delayed payment received or value correction at lowest cost to the Bank or Customer.
Support team members to ensure all allocated work is completed in a timely manner with high standards and controls being maintained.
Participate in UAT/Build Testing of Section applications.
To reconcile cash accounts with other correspondent banks daily to ensure proper booking and identify discrepancies between our records and information received from other financial institutions for immediate follow up.
To reconcile the 5 sub-ledgers to GL to ensure the GL balances are fully substantiated by the corresponding sub ledger balances. It is an important measure to ensure the integrity of the GL balances.
Assist with the maintenance and review of desktop procedures relating to day to day processes and administer updates via the policy and procedures database on a periodic basis in order to comply with bank policy.
Assist with UAT as part of new system upgrades and development. Prompt escalation of any issues identified and follow through to remediation