Reconciliation Analyst

Pontoon; Manchester; Hybrid; GBP 35,000 - 52,000; Full time

Job summary

Pontoon is seeking a meticulous Reconciliation Analyst for a 12-month contract based in the City Centre of Manchester. The role offers a hybrid working arrangement with four days per week in the office and involves supporting a leading banking client with quality control, data maintenance, and complex reconciliations.

The ideal candidate will hold a finance degree, demonstrate strong analytical abilities, and be comfortable interacting with internal and external stakeholders to resolve intricate

Qualifications

• 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.

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.

Skills

Analytical skills

Reconciliation processes

Communication skills

Problem solving

Education

Bachelor's degree in finance

Job description

Job Title: Reconciliation Analyst

Duration: 12 months, potential to go perm

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

Salary: Competitive

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

• 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.

We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention