Reconciliation Analyst

Pontoon Solutions; Manchester; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

Pontoon Solutions is recruiting on behalf of a leading banking client in Manchester City Centre for a Reconciliation Analyst on a 12-month contract with hybrid working (four days a week in the office).

The role focuses on quality control of processing in the Middle Office, review of junior staff output, and complex reconciliation across cash, assets, and trades. A finance degree and strong analytical, communication, and problem‑solving skills are essential.

Qualifications

• Bachelor’s degree in finance or equivalent combination of education and experience.
• Strong analytical skills and ability to navigate complex transactions.
• Experience in reconciliation processes and a solid understanding of banking operations.
• Excellent communication skills with internal and external stakeholders.

Responsibilities

• Oversee quality control of processing, work allocation, and workflow within the Middle Office and outsourced functions, ensuring SLAs are met.
• Review and approve work by junior team members, providing guidance as needed.
• Conduct in-depth analysis on complex transactions and identify solutions for escalated inquiries.
• Act as SME for maintenance of trade static data, trade enrichment, and market claims.
• Manage complex reconciliations including cash, asset, trade matching, and market value; resolve breaks and trade fails.
• Contribute to monthly end-client statement workflows, ad hoc reporting, and incident management.
• Identify and elevate issues affecting IBOR accuracy within the team.
• Engage regularly with clients to answer questions and resolve complex transactions.

Skills

Analytical skills

Banking operations

Communication skills

Problem solving

Education

Bachelor’s degree in finance

Job description

Duration: 12 months, potential to go perm

Location: Manchester/Hybrid (four days per week in the office)

Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.

Our client, a leading organisation in the banking sector, is seeking a meticulous and dynamic Reconciliation Analyst to join their team on a 12 initial contract. This exciting opportunity is based in the vibrant City Centre of Manchester and offers a hybrid working arrangement, allowing for flexibility in your work environment.

Key Responsibilities:

• Oversee quality control of processing, work allocation, and workflow within the Middle Office team and outsourced functions, ensuring compliance with service level agreements (SLD).
• Review and approve work conducted by junior team members, providing guidance and support as needed.
• Conduct in-depth analysis and research on complex transactions, identifying solutions to multifaceted inquiries escalated from lower levels.
• Act as a subject matter expert, facilitating the maintenance of trade static data, trade enrichment, and market claims.
• Manage complex reconciliations analysis, including cash, asset, trade matching, and market value, while effectively resolving reconciliation breaks and trade fails.
• Contribute to monthly end-client statement workflows, ad hoc reporting, and incident management as required.
• Identify, resolve, and elevate any issues affecting the accuracy of the Investment Book of Record (IBOR) within the team.
• Engage regularly with clients to answer questions and resolve complex transaction inquiries.

Ideal Candidate:

To thrive in this role, our client is looking for candidates who possess:

A Bachelor’s degree in finance or an equivalent combination of education and experience.

• Strong analytical skills and the ability to navigate complex transactions with ease.
• Experience in reconciliation processes and a solid understanding of banking operations.
• Excellent communication skills, with a knack for collaborating with both internal and external stakeholders.
• A proactive approach to problem-solving and a commitment to maintaining high-quality standards.

Don't miss out on this chance to make a meaningful impact in the banking industry!

Pontoon is an equal opportunities employer and an employment consultancy.