Executive - Central Reconciliation

CSB Bank; Ernakulam; On-site; INR 300,000 - 600,000; Full time

Job summary

CSB Bank is seeking a detail-oriented Reconciliation Specialist to perform daily reconciliation across CBS, GL, settlement and source systems. You will identify unmatched transactions, monitor suspense accounts and prepare exception reports to support audits and regulatory compliance.

Based in Kerala, the role requires 1–4 years of banking operations experience and a B.Com/BBA/Finance degree. Banking operations certification is preferred; you will collaborate with Finance, Operations and

Qualifications

• B.Com / BBA / Finance
• Experience: 1–4 years in Banking Operations
• Banking Operations Certification (Preferred)

Responsibilities

• Perform daily reconciliation between CBS, GL, settlement and source systems.
• Identify and investigate unmatched transactions.
• Monitor suspense accounts.
• Prepare exception reports.
• Coordinate with Finance, Operations and Technology teams.
• Support audits and compliance reviews.
• Escalate ageing breaks.
• Maintain documentation and controls.
• Review and track open items, ageing exceptions, debit/credit balances, and unidentified entries.
• Coordinate with stakeholders for timely closure of reconciliation exceptions.
• Follow up on outstanding items and ensure closure within SLAs.
• Identify and report high-risk exceptions, potential losses, and Amount at Risk (AAR) items.
• Maintain reconciliation records, supporting documents, certifications, and audit evidence.
• Prepare MIS reports, exception reports, dashboard inputs, and reconciliation certifications.

Skills

Reconciliation

Attention to detail

Audit readiness

Communication

Education

B.Com / BBA / Finance

Tools

CBS/GL systems

Job description

Responsible for performing daily reconciliation activities across banking products, payment channels, settlement accounts, suspense accounts and internal operating systems. Ensures completeness and accuracy of transactions, identification of breaks, maintenance of evidence, compliance with control standards, audit readiness and timely resolution of outstanding items to minimize operational and financial risk.

Experience Range: 1 to 4 years

Qualifications:

B.Com / BBA / Finance

Banking Operations Certification (Preferred)

• Perform daily reconciliation between CBS, GL, settlement and source systems.
• Identify and investigate unmatched transactions.
• Monitor suspense accounts.
• Prepare exception reports.
• Coordinate with Finance, Operations and Technology teams.
• Support audits and compliance reviews.
• Escalate ageing breaks.
• Maintain documentation and controls.
• Review and track open items, ageing exceptions, debit/credit balances, and unidentified entries.
• Coordinate with Business, Operations, Finance, Technology, and other stakeholders for timely closure of reconciliation exceptions.
• Follow up on outstanding items and ensure closure within agreed turnaround times and SLAs.
• Identify and report high-risk exceptions, potential losses, and Amount at Risk (AAR) items.
• Maintain reconciliation records, supporting documents, certifications, and audit evidence.
• Prepare MIS reports, exception reports, dashboard inputs, and reconciliation certifications.