Bank Operations Officer - GL Reconciliation/Nostro Accounts (Banking Sector Client - Retail Car[...]

D L RESOURCES PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A banking institution in Singapore is looking for a back-office operations professional for the Card Operations Processing Centre. This role focuses on reconciling financial records, particularly credit card transactions, ensuring accuracy, and managing discrepancies. Ideal for fresh graduates or individuals with 1–2 years of relevant experience. Strong attention to detail and familiarity with reconciliation tools such as Excel are essential. Join a structured environment that emphasizes process-oriented work.

Qualifications

• Attention to detail to spot financial mismatches.
• Familiarity with Excel or other reconciliation tools.
• Ability to escalate issues effectively.
• Strong time management skills for prompt checks.

Responsibilities

• Reconciliation of General Ledger and Nostro accounts.
• Escalation of outstanding discrepancies.
• Processing invoice reconciliations.

Skills

Attention to detail

Familiarity with Excel or reconciliation tools

Ability to follow up and elevate issues

Time management

Education

Fresh graduates in banking, finance, or business

1–2 years of back-office banking experience

Job description

This is a back-office operations role in a bank’s Card Operations Processing Centre, specifically within the Reconciliation and Investigation Unit. Your main responsibility is to ensure that the bank’s financial records match actual money movement, particularly for credit card transactions.

Responsibilities

• Daily reconciliation/proofing of General Ledger (GL) and Nostro (Cash accounts) on transactions for Cards Operations Processing Centre
• Escalation of outstanding items for the day, and age items for both Nostro and General Ledger (GL)
• Invoice reconciliation

Key Duties Explained

• Daily Reconciliation of Accounts: You will compare and match bank records (General Ledger) with actual cash balances (Nostro accounts) to ensure there are no discrepancies. Think of this as daily “balancing the books” — making sure the bank’s internal system reflects the real-world financial activity.
• Escalating Outstanding Items: If any mismatch or error is found (e.g., a payment didn’t go through or an amount doesn’t match), you will flag or elevate it to the relevant team for investigation and resolution.
• Aging of Items: You’ll monitor unresolved discrepancies over time. “Aging” refers to tracking how long items remain unmatched and ensuring they are not left unresolved for too long.
• Invoice Reconciliation: You will help match invoices received (e.g., from vendors or third-party processors) against the bank’s records, ensuring correctness before payment or settlement.

Skills You’ll Use

• Attention to detail (to spot mismatches)
• Familiarity with Excel or reconciliation tools
• Ability to follow up and elevate when issues arise
• Time management (to complete daily checks promptly)

Who is This Job Suitable For

Fresh graduates in banking, finance, or business, or candidates with 1–2 years of back‑office banking experience, someone who prefers structured, process‑oriented work rather than customer‑facing roles.