Transfer Fee Reconciliation Specialist

M&T Bank; Greater London; On-site; GBP 42,000 - 64,000; Full time

Job summary

M&T Bank is seeking a detail-oriented Finance Operations professional to reconcile transfer fee income for Global Capital Markets in London. You will handle a high volume of manual transactions, ensure accurate recording, and produce monthly profitability reports.

The role requires strong numerical and analytical skills, proficiency with spreadsheet software, and a proactive mindset to identify process improvements within a regulated environment.

Qualifications

• Detail-oriented; strong organizational and time-management abilities.
• Numerical and analytical skills essential.
• Experience with spreadsheet software (Excel, etc.) preferred.

Responsibilities

• Reconcile and process a high volume of large transfer fee transactions for GCM clients daily; investigate and resolve reconciliation breaks and unmatched items.
• Process fee returns, adjustments and corrections; support P&L analysis by ensuring accurate capture of fee income and adjustments.
• Maintain accurate records across multiple internal systems.
• Monitor outstanding receivables and chase unpaid amounts.
• Ensure all transactions are processed within defined service levels and control standards.
• Produce monthly reporting relating to transfer fee activity and profitability.
• Escalate issues, trends or risks impacting revenue collection or operations; identify process improvements within a manual environment.
• Maintain audit trails and supporting documentation for processing activities.
• Adhere to risk and regulatory standards and report issues to management.

Skills

Detail-oriented

Organizational skills

Time management

Numerical skills

Analytical skills

Spreadsheet software

Education

3+ years of higher education/experience

Tools

Spreadsheet software

Job description

M&T Bank is seeking a detail-oriented Finance Operations professional to reconcile transfer fee income for Global Capital Markets in London. You will handle a high volume of manual transactions, ensure accurate recording, and produce monthly profitability reports.

The role requires strong numerical and analytical skills, proficiency with spreadsheet software, and a proactive mindset to identify process improvements within a regulated environment.