Executive - Central Reconciliation Ernakulam

CSB Bank; Ernakulam; On-site; INR 350,000 - 650,000; Full time

Job summary

CSB Bank is seeking a detail-oriented Reconciliation Analyst to manage daily reconciliation across banking products and payment channels. The role ensures accuracy of transactions, maintenance of evidence, and timely resolution of outstanding items to minimize operational risk.

Responsibilities include investigating unmatched entries, monitoring suspense accounts, preparing exception reports, and supporting audits.

Qualifications

• Experience between 1 and 4 years in banking operations.
• Bachelor’s degree in Commerce/Business/Finance (B.Com / BBA / Finance).
• Banking Operations Certification preferred.

Responsibilities

• Perform daily reconciliation between CBS, GL, settlement and source systems.
• Identify and investigate unmatched transactions.
• Monitor suspense accounts and prepare exception reports.
• Coordinate with Finance, Operations and Technology teams to resolve items.
• Support audits and compliance reviews and maintain audit evidence.
• Escalate ageing breaks and ensure closure within SLAs.
• Maintain reconciliation records, documentation and controls.
• Review open items, ageing exceptions, debit/credit balances.

Education

B.Com / BBA / Finance

Job description

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.

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 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.

Qualifications

Experience Range: 1 to 4 years

Qualifications:

B.Com / BBA / Finance

Banking Operations Certification (Preferred)

Requirements: