Reconciliations Manager

Posted 26 March 2024
Salary £45000 - £55000 per annum
Job type Permanent
Discipline Banking Operations
Contact NameWill Goodman

Job description

A prominent Payments and FX firm located in London's vibrant West End is currently in search of a Reconciliation Manager to join our team on a permanent basis. The ideal candidate must possess a thorough understanding of traditional asset class trade lifecycles and reconciliation processes.

Position: Reconciliation Manager

Location: West End, London, United Kingdom

Contract: Permanent


  • Validate and configure reconciliation processes
  • Lead the daily reconciliation of cash and trade transactions
  • Promptly resolve any reconciliation discrepancies
  • Facilitate cross-departmental collaboration on reconciliation requirements

Key Responsibilities:

  • Collaborate with departments to address discrepancies or issues
  • Generate regular reports on reconciliation activities
  • Supervise the day-to-day activities of analyst-level staff, including coaching and goal setting
  • Engage with software vendors and IT to resolve system issues or enhance functionality
  • Implement process improvements to enhance efficiency and accuracy
  • Ensure reconciliation policies adhere to legal/regulatory requirements
  • Support the identification and management of service-affecting incidents

Required Skills:

  • 5+ years of reconciliations experience in cash or securities trading
  • Familiarity with Safeguarding/CASS and broader regulatory frameworks
  • Experience in software/platform implementation is advantageous
  • Proficiency in Excel and data management
  • Strong analytical skills with independent thinking capabilities
  • Willingness to learn and develop key competencies