Reconciliation Specialist SG

CIMB BANK BERHAD; Singapore; On-site; SGD 42,000 - 64,000; Full time

Job summary

CIMB Bank Berhad in Singapore is seeking a detail-oriented reconciliation specialist to perform MAS reconciliations and manage aging items. You will prepare MAS mid-week reports for management review and back up Nostro reconciliations as needed.

You will collaborate with multiple departments to resolve issues, support automation and process improvement initiatives, and ensure timely escalation of critical items with strong attention to accuracy and controls.

Qualifications

• Diploma or Degree in banking/finance or related field.
• Experience in daily reconciliations and investigation of outstanding items.
• Familiar with MAS, Nostro reconciliations and GL reconciliation.

Responsibilities

• Perform daily MAS reconciliations and email outstanding items promptly.
• Prepare MAS mid-week/aging reports for management escalation.
• Back up Nostro reconciliation and support ad-hoc requests.
• Support automation initiatives and process improvements to reduce manual effort.
• Coordinate with stakeholders to resolve issues within timelines.
• Ensure reconciliation breaks and outages are identified, followed up, and resolved.

Skills

MAS Reconciliation

Nostro Reconciliation

Data accuracy

Stakeholder engagement

Process improvement

Automation

Detail oriented

Education

Diploma or Degree in Banking/Finance

Tools

Excel

Pivot Tables

Data analysis tools

Job description

Responsibilities

• Perform daily MAS reconciliations and send out emails on outstanding items on a timely basis
• Prepare MAS Mid week/Aging reports for outstanding items, for escalation to management
• Support other departments in any investigation of outages or other ad-hoc requests
• Back up for others Nostro reconciliation during other absences
• Support additional operational, reconciliation, reporting, process improvement, automation, or ad-hoc tasks as may be assigned from time to time to meet business and Finance Operations requirements.
• Coordinate and engage various stakeholders in resolution of issues
• Ensure reconciliation breaks, ageing items, and outages are promptly identified, followed up, escalated, and resolved within expected timelines.
• Contribute to process improvement and automation initiatives to reduce manual effort, improve reporting efficiency, and strengthen reconciliation accuracy.

Requirements

• Minimum Diploma / Degree
• Preferably 1 to 3 years of relevant experience in banking operations, finance operations, reconciliation, or a related operational control function.
• Experience in performing daily reconciliations, investigating outstanding items, following up on ageing/outage items, and preparing reconciliation or ageing reports for management escalation.
• Familiarity with MAS & Nostro reconciliation, general ledger reconciliation, or banking operations processes would be an advantage.
• Prior exposure to process improvement, automation, or digitalisation initiatives would be an added advantage, including assisting in streamlining manual reconciliation processes, preparing data requirements, coordinating user testing, and supporting implementation of automation solutions
• Able to work with large volumes of transactional data with accuracy, attention to detail, and a strong control mindset.
• Candidate should be independent, proactive, and comfortable working under daily reporting timelines and operational deadlines.

Technical/Functional skills

• Good PC skills, with strong working knowledge of Microsoft Excel, including formulas, pivot tables, data sorting, filtering, reconciliation, and report preparation.
• Basic understanding of process automation, workflow improvement, or digitalisation initiatives would be an advantage.
• Ability to support automation-related activities, including documenting current manual processes, preparing reconciliation data requirements, performing user testing, and validating automation output.

Personal skills

• Team player with a positive working attitude.
• Independent, proactive and motivated worker.
• Strong interpersonal skills required due to high frequency of interaction with various stakeholders.
• Willing to learn and adapt to new systems, automation tools and process changes.
• Strong interpersonal and communication skills due to frequent interaction with various stakeholders.