Reconciliations Specialist (3-6 month FTC)

Candidate must have experience with Nostro reconciliations and Intellimatch, and be able to start immediately.

A leading financial institution in London is seeking a highly skilled Reconciliations Specialist for a temporary 3-6 month assignment. This is an exceptional opportunity to join a supportive and knowledgeable team, where your expertise in Nostro and suspense account reconciliations will be valued and developed. The organisation offers a collaborative environment that encourages process improvement, knowledge sharing, and professional growth. You will play a pivotal role in ensuring the accuracy of multi-branch reconciliations, driving auto-matching levels, and supporting operational excellence across the business. If you are looking for a role where your attention to detail, analytical skills, and commitment to quality will make a real impact, this could be the perfect next step in your career.

• Join a reputable financial institution with a strong focus on teamwork, collaboration, and continuous improvement, offering you the chance to work alongside experienced professionals who value your input.
• Enjoy flexible working opportunities within a supportive operations team that prioritises knowledge sharing, cross-training, and professional development to help you grow your skillset.
• Be part of an inclusive workplace that values dependability and interpersonal skills, providing you with the platform to contribute meaningfully while enhancing reconciliation processes across multiple branches.

What you'll do:

• Perform daily reconciliations of Nostro and suspense accounts across multiple branches, ensuring all transactions are accurately matched both automatically and manually as required.
• Analyse outstanding items thoroughly to ensure timely allocation of transactions for all branches, meeting strict delivery deadlines and maintaining high standards of accuracy.
• Conduct manual matching after receiving advice from relevant departments or branches, demonstrating flexibility and responsiveness to operational needs.
• Actively identify gaps in existing reconciliation processes, provide thoughtful recommendations for remedial action, and suggest general improvements to enhance overall efficiency.
• Allocate ownership of internal and suspense account items, conducting regular mid-month and month-end reviews to maintain robust controls.
• Develop and nurture excellent working relationships with internal teams and branch clients by providing dependable support and clear communication.
• Manage true Nostro outstanding items using Intellitracs cases, ensuring all discrepancies are actively pursued until resolution.
• Participate in comprehensive cross-training initiatives to ensure consistent cover for reconciliation and control functions at all times.
• Prepare detailed reporting including aged items reports, chaser reports, exception reports by branch, and monitor interest charges on accounts meticulously.
• Support investigations by verifying SWIFT messages, signing off returned payments, updating SOPs as needed, and ensuring successful overnight uploads of internal and external feeds for complete reconciliations.

What you bring:

• Demonstrated experience in Nostro reconciliations within a banking or financial services environment over at least four years is essential for success in this role.
• Proficiency with Intellimatch or similar reconciliation platforms such as Osfin, SmartStream TLM, Duco or AutoRek is required to effectively manage complex reconciliation tasks.
• A solid understanding of back office multi-branch processing provides a distinct advantage when navigating diverse operational requirements.
• Competency in Microsoft Office applications enables you to produce concise reports, business correspondence, and procedure manuals with clarity.
• Strong analytical skills allow you to investigate outstanding items thoroughly while maintaining meticulous attention to detail throughout all processes.
• Excellent written communication skills empower you to document findings clearly and update standard operating procedures as needed.
• Experience preparing detailed reports on aged items, exceptions by branch, interest calculations, and other key metrics supports effective decision-making within the team.
• Ability to develop positive working relationships with internal stakeholders fosters collaboration across departments and branches.
• Flexibility to participate in cross-training initiatives ensures reliable coverage for critical reconciliation functions at all times.
• Eligibility to work in the United Kingdom is mandatory for this position.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates