Senior Officer, Nostro Reconciliations

First Abu Dhabi Bank FAB; Abu Dhabi; On-site; AED 240,000 - 420,000; Full time

Job summary

First Abu Dhabi Bank FAB is seeking an experienced Reconciliation Operations professional in Abu Dhabi to manage daily reconciliations, monitor risks, review SWIFT queues, and ensure timely resolution of outstanding items. The role emphasizes data integrity, reporting, and adherence to BAU procedures.

You will oversee Nostro and Inter-Branch reconciliations, coordinate with MIS, and escalate high-risk items while maintaining strong controls and continuity during staff absences.

Qualifications

• Experience in reconciliation operations within banking or financial services.
• Strong analytical and problem-solving skills with attention to detail.
• Experience with MIS and management reporting is a plus.

Responsibilities

• Manage day-to-day reconciliation activities ensuring accuracy and timeliness.
• Monitor operational risks and ensure strong controls and escalation when needed.
• Review Nostro and Inter-Branch reconciliations across business units.
• Prepare monthly reconciliation reports and support reporting activities.
• Coordinate with MIS teams to resolve processing issues.

Skills

Nostro Reconciliations

Internal & International Reconcili at

Education

Bachelor's degree in Business, Economics, Commerce, Finance, or a related discipline

Job description

To execute operational activities within the Reconciliation Centre ensuring risks are effectively managed and services are delivered in accordance with agreed SLAs The role is responsible for managing reconciliations monitoring operational risks authorizing manually matched items reviewing SWIFT correspondence queues maintaining reconciliation records supporting reporting activities and ensuring timely resolution of outstanding reconciliation items

Key Responsibilities

• Service Delivery Manage exception handling and ensure reconciliation activities are properly assigned and completed on time
• Supervise follow-up of outstanding reconciliation items with banks and branches
• Execute day-to-day reconciliation operations and ensure activities are performed accurately and efficiently
• Prepare and review monthly reconciliation reports and ensure timely resolution of exceptions
• Perform reconciliation of Nostro Accounts and Inter-Branch Call Accounts across various business units
• Monitor and resolve outstanding reconciliation issues and elevate irregularities through established reporting channels
• Review Nostro account statistics and verify service charges
• Ensure prompt responses to internal and external client inquiries
• Maintain data integrity in reconciliation systems and coordinate with MIS teams to resolve processing issues
• Authorize manually matched items with value-date differences and notify relevant departments
• Review inbound and outbound SWIFT correspondence queues
• Verify monthly reconciliation reports and submit them to management
• Support dashboard reporting across assigned account groups and reconciliation platforms
• Archive reconciliation records and related reports in line with policies
• Risk Management Monitor operational workflows while maintaining strong risk controls
• Ensure exceptions are escalated according to approved BAU and escalation matrices
• Escalate high-risk items based on Value-at-Risk thresholds
• Identify and report operational errors promptly
• Ensure business continuity and completion of all activities during staff absences or operational disruptions
• Track daily operational risks through control reports account monitoring and management reporting
• Operational Efficiency Manage workloads efficiently using available resources without compromising service quality or control standards
• Recommend process improvements to enhance efficiency quality and customer service
• Contribute to continuous improvement initiatives and operational excellence programs
• Policies Procedures and Reporting Follow all departmental policies procedures and operating instructions
• Ensure compliance with the bank s values ethics and governance standards
• Contribute to process improvements and sustainability initiatives
• Prepare accurate reports and management information in accordance with departmental requirements and quality standards
• Ensure timely submission of reports to support management decision-making
• Decision-Making Authority Operate within Group policies and organizational governance frameworks
• Exercise authority in line with the approved authorization matrix

Education

Bachelor s degree in Business, Economics, Commerce, Finance, or a related discipline.

Experience

4 8 years of banking experience. At least 5 years of experience in a similar role within Core Processing, Reconciliations, or Operations.

Key Skills

• Nostro Reconciliations
• Internal & International Reconciliations
• Core Banking Operations
• SWIFT Operations
• Operational Risk Management
• Exception Management
• Reconciliation Systems
• MIS & Management Reporting
• Process Improvement
• Stakeholder Management
• Analytical and Problem-Solving Skills
• Attention to Detail
• Communication and Coordination Skills
• Time Management and Prioritization