At a Glance
- Tasks: Perform daily and monthly bank reconciliations and ensure financial accuracy.
- Company: Join the Ballinger Group, a leader in financial services.
- Benefits: Flexible hours, competitive pay, and opportunities for professional growth.
- Other info: Dynamic role with potential for career advancement in a regulated environment.
- Why this job: Make an impact in treasury management while developing your finance skills.
- Qualifications: 2-5 years in financial services and strong analytical skills required.
The predicted salary is between 29700 - 36300 £ per year.
Junior Treasury & Bank Reconciliation Officer
The Junior Treasury & Bank Reconciliation Officer will be responsible for performing daily and monthly reconciliations of bank accounts, safeguarding accounts, and payment flows for all the firms within the Ballinger Group.
The role ensures accuracy of financial records, timely identification of discrepancies, and compliance with FCA and MFSA regulatory requirements, including safeguarding of client funds.
A successful candidate is expected to have knowledge of, and an interest in, Group treasury management operations.
Key Responsibilities
- Perform daily, weekly, and monthly bank reconciliations across multiple currencies and firms.
- Reconcile client funds, safeguarding accounts, settlement accounts, and operational accounts.
- Reconcile transaction flows between core payments platform, bank statements, and liquidity providers statements.
- Investigate and resolve discrepancies and unmatched transactions in a timely manner.
- Maintain reconciliation logs, ageing reports, and audit trails.
- Support client money safeguarding reconciliations in line with regulatory requirements.
- Assist in monitoring segregation of client funds from company funds.
- Prepare reconciliation evidence for internal controls, audits, and regulatory reviews.
- Support external auditors and regulators with documentation and explanations.
- Produce daily and monthly reconciliation reports for management and daily treasury and cash flow reports.
- Escalate unresolved items and operational risks promptly.
- Support improvements to reconciliation processes and controls.
- Assist with month-end close activities.
- Produce daily cash position reports.
- Maintain client and counterparty margin logs and reporting.
- Liaise with operations teams, finance teams, compliance and risk teams.
- Support onboarding of new bank accounts, liquidity providers, or payment methods from a reconciliation perspective.
- Key Skills & Competencies
- Technical Skills
- Strong experience in bank and payment reconciliations.
- Understanding of PSP / EMI transaction flows (SEPA, Faster Payments, SWIFT etc.).
- Multi-currency reconciliation experience.
- Experience with accounting systems and reconciliation tools.
- Regulatory & Industry Knowledge
- Knowledge of EMI/PSP regulatory requirements.
- Understanding of client money concepts and segregation.
- Soft Skills
- High attention to detail and accuracy.
- Strong analytical and problem‑solving skills.
- Ability to work under tight deadlines.
- Clear communication and escalation skills.
- Strong sense of ownership and accountability.
Experience & Qualifications
Essential
- 2–5 years’ experience in a regulated financial services environment (PSP, EMI, bank, fintech).
- Proven experience performing daily bank and safeguarding reconciliations.
- Experience working with multiple bank accounts.
- Knowledge of treasury management operations.
Desirable
- Experience in both UK and EU regulated environments.
- Knowledge of accounting standards relevant to financial institutions.
- Part‑qualified or studying towards ACCA, CIMA, or equivalent.
Skills and Attributes
- High level of technical aptitude and process orientation.
- Proactive and self‑motivated, with the ability to work independently in a part‑time capacity.
- Strong organisational skills and ability to manage multiple priorities effectively.
- Professional integrity and reliability.
Junior Treasury & Bank Reconciliation Specialist in London employer: Ballinger Group
At Ballinger Group, we pride ourselves on being an exceptional employer that fosters a dynamic and collaborative work culture. Our team members enjoy comprehensive benefits, including professional development opportunities and a supportive environment that encourages growth and innovation. Located in a vibrant area, we offer unique advantages such as networking with industry leaders and access to cutting-edge resources, making it an ideal place for ambitious individuals looking to make a meaningful impact in the corporate finance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Treasury & Bank Reconciliation Specialist in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Ballinger Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Treasury & Bank Reconciliation Specialist in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ballinger Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Ballinger Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ballinger Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ballinger Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Ballinger Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Ballinger Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
