SUMMARY OF THE ROLE

We’re expanding our team and have an exciting opportunity for a Senior Reconciliation Analyst position within our Shared Services Account in Bristol. As a Senior Reconciliation Analyst, you’ll play a pivotal role in completing daily reconciliations, identifying and resolving discrepancies, documenting findings, and working closely with Operations to implement corrective actions.

WHAT YOU’LL BE DOING

• Key all incoming monies correctly into BaNCS or RUFUS within agreed SLAs and minimising any regulatory breaches.
• Support more junior members of the Team with this activity providing guidance and training where required.
• Properly record all cheques received on the core system (BaNCS or RUFUS), update the safe log and ensure cheques are properly safeguarded until they reach the appropriate bank in accordance with CASS 7.
• Process all outgoing manual payments (CHAPS &Foreign Transfers) to our longstanding customers with accuracy ensuring appropriate sign-off has been obtained. Ensure full compliance with the CASS regulations.
• Validate and approve that all automated payments are approved with the correct dates and that the underlying information matches system reports by ensuring correct dates are keyed for direct debit collections and outgoing BACS payments.
• Oversee the dividend distribution reconciliations and any associated payments, receipts and shortfall funding ensuring full compliance with CASS 7.
• Oversee the preparation of the daily intraday and end of day bank reconciliations to demonstrate an effective level of control, within agreed SLAs and in line with LBG Group Minimum Standards.
• Identify, investigate and resolve any failed and rejected payments, bounced and out of date cheques, stopped and reissued cheques, as well as perform payment-tracing activities.
• Investigate financial records to establish facts in order to resolve more complex, non-routine queries and tasks within the required timescales.
• Provide payment or receipt-related reports and information to customers within agreed timescales.
• Prepare or authorise manual journals where required.
• Oversee the preparation of the daily intraday and end of day funding transfers.
• Ensure all tasks and activities performed adhere to the Consumer Duty regulations.

APPLY FOR THIS ROLE:

Do you hold valid Right to Work in the UK?
Yes
No
Do you have any convictions or conditional cautions which are currently unspent under the Rehabilitation of Offenders Act 1974 (including traffic offences)?
Yes
No
Are you or have you been the subject of any Voluntary Arrangements (IVAs), County Court Judgments (CCJs), Bankruptcy, or any other formal credit related proceedings which have or have not been satisfied?
Yes
No
Have you been referred for this position by Diligenta Employee?
Yes
No
Have you previously worked for Tata Consultancy Services (TCS)?
Yes
No
Attach CV
Tick to signal your acceptance of the Diligenta Privacy Policy and the privacy policy of our recruitment partners Sanderson Solutions Group