Reconciliations Administrator

Pursuit Resources Group; Essex; Hybrid; GBP 36,000 - 44,000; Full time

Benefits offered by this job

27 days holiday

Pension 10%

Income protection

Private medical insurance

Dental insurance

Gym discount

Season ticket loan

Salary sacrifice schemes

Development opportunities

Job summary

Pursuit Resources Group is seeking a Bank Reconciliations Administrator for its CASS team within a wealth management firm in the UK. You will produce accurate client money reconciliations in line with FCA CASS requirements and support colleagues across Operations.

The role suits an experienced reconciliations professional with knowledge of CASS 7, strong Excel/Word/PowerPoint skills and a focus on accuracy. Hybrid working in Chelmsford area with excellent benefits.

Qualifications

• Experience of bank reconciliations in a regulated financial services firm.
• Good knowledge of the CASS rules, particularly CASS 7 (client money).
• Track record of finding, investigating and resolving reconciliation breaks.
• Confidence dealing with people at all levels and pushing for improvements.
• Excellent organisation, accuracy and attention to detail; able to juggle deadlines.
• Proficient in Excel, Word and PowerPoint.

Responsibilities

• Producing accurate, on-time external client money bank reconciliations in line with FCA CASS requirements.
• Completing the firm's own bank reconciliations and the reporting that goes with them.
• Investigating, recording and escalating breaks and outstanding items, and working with teams across the business until they're cleared.
• Producing the daily sweep and prudent segregation calculations.
• Keeping reconciliation procedures, templates and process notes up to date and improving them.
• Training and mentoring colleagues and cross-training them so holidays and absences are covered.
• Managing bank statement downloads, filing and reconciliation records.
• Supporting the annual CASS audit and answering information requests.

Skills

Bank reconciliations

CASS rules

Attention to detail

Excel

Word

PowerPoint

Communication

Education

GCSEs including Maths & English

Tools

Reconciliation system

Job description

Location: Chelmsford, Essex

Salary: Up to £40,000 + Excellent Benefits

Permanent / full-time

Hybrid work model

About the opportunity - Reconciliations Administrator

Pursuit is working with a well-established wealth management firm to recruit a Bank Reconciliations Administrator for its CASS team.

This role suits an experienced reconciliations professional who knows the FCA's Client Assets (CASS) rules well. You'll make sure client money reconciliations are accurate and done on time, act as the team's expert, and help colleagues across Operations. You'll join a busy, collaborative team where accuracy and control really matter.

What you'll be doing:

• Producing accurate, on-time external client money bank reconciliations in line with FCA CASS requirements
• Completing the firm's own bank reconciliations and the reporting that goes with them
• Investigating, recording and escalating breaks and outstanding items, and working with teams across the business until they're cleared
• Producing the daily sweep and prudent segregation calculations
• Keeping reconciliation procedures, templates and process notes up to date and improving them
• Training and mentoring colleagues and cross-training them so holidays and absences are covered
• Managing bank statement downloads, filing and reconciliation records
• Supporting the annual CASS audit and answering information requests

What we're looking for:

• Experience of bank reconciliations in a regulated financial services firm, using a reconciliation system or tool
• A good working knowledge of the CASS rules, particularly CASS 7 (client money)
• A track record of finding, investigating and resolving reconciliation breaks
• Confidence dealing with people at every level of the business, and the ability to push for improvements
• Excellent organisation, accuracy and attention to detail, and the ability to juggle competing deadlines
• Good skills in Excel, Word and PowerPoint
• GCSEs (or equivalent) including Maths and English. Further financial services qualifications would be a bonus.

What's on offer - Reconciliations Administrator :

• Holiday: 27 days a year
• Pension: the company pays in 10% and you don't need to contribute
• Income protection: 75% of your salary if you're off long-term through illness
• Private medical insurance: single cover through BUPA paid by the company, with the option to add your partner or family
• Dental insurance: optional cover through BUPA
• Gym: half the monthly membership paid by the company
• Season ticket loan: interest-free
• Salary sacrifice schemes: Cycle to Work, mobile phone, childcare vouchers and Give As You Earn, available after probation
• Development: ongoing training in a highly regarded CASS and Operations function