At a Glance
- Tasks: Perform daily reconciliations and resolve discrepancies in cash and stock accounts.
- Company: Established wealth management business with a collaborative team culture.
- Benefits: Competitive salary, hands-on experience, and opportunities for process improvement.
- Other info: Great opportunity for career growth in a supportive environment.
- Why this job: Join a dynamic team and make a real impact on financial accuracy and integrity.
- Qualifications: Minimum 2 years in wealth management or banking operations with strong reconciliation skills.
The predicted salary is between 30000 - 40000 £ per year.
An established wealth management business is looking to hire an Operations Officer to join its Reconciliations team. This is a strong opportunity for someone with operations experience to step into a broad, hands-on role covering UK and international reconciliations. You will be joining a collaborative team responsible for ensuring the accuracy and integrity of cash, stock, and custody positions, while playing a key role in resolving breaks and improving processes.
The Role
- Perform daily reconciliation of cash and stock accounts across UK and international entities.
- Reconcile safe custody assets and external bank accounts.
- Investigate and resolve reconciliation discrepancies efficiently.
- Work closely with internal teams to reduce and clear outstanding items.
- Ensure all reconciliations meet internal controls and regulatory requirements.
- Manage and reconcile stamp duty, including reclaim processes.
- Contribute to process improvements within the reconciliations function.
- Support internal and external audit requests.
- Maintain and update operational procedures.
Requirement
- Minimum 2 years’ experience in wealth management or banking operations.
- Strong reconciliations experience (cash, stock, custody preferred).
- Understanding of UK regulatory environment; Crown Dependencies exposure is advantageous.
- Experience with Avaloq or similar systems is beneficial.
- SWIFT knowledge is a plus.
Reconciliations Operations Officer employer: Cameron Kennedy
Join a leading wealth management firm in Blackpool, where you will thrive in a supportive and collaborative work culture that values accuracy and integrity. With opportunities for professional growth and development, this role as a Reconciliations Operations Officer offers the chance to make a meaningful impact while enjoying a competitive benefits package and a commitment to employee well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliations Operations Officer
✨Tip Number 1
Network like a pro! Reach out to folks in the wealth management sector, especially those who work in reconciliations. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of UK regulatory environments and reconciliation processes. We want you to feel confident discussing your experience and how it aligns with the role.
✨Tip Number 3
Showcase your problem-solving skills! Be ready to share examples of how you've resolved discrepancies in the past. This will demonstrate your hands-on experience and ability to improve processes.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Reconciliations Operations Officer
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reconciliations Operations Officer role. Highlight your relevant experience in wealth management and operations, especially any hands-on work with reconciliations. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention any specific experiences that relate to cash, stock, or custody reconciliations.
Showcase Your Problem-Solving Skills:In your application, be sure to highlight instances where you've successfully resolved discrepancies or improved processes. We love candidates who can demonstrate their ability to tackle challenges head-on and contribute to team success.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Cameron Kennedy
✨Know Your Reconciliations Inside Out
Make sure you brush up on your reconciliations knowledge, especially cash, stock, and custody. Be prepared to discuss specific examples from your past experience where you've successfully resolved discrepancies or improved processes.
✨Familiarise Yourself with Regulatory Requirements
Since the role involves understanding the UK regulatory environment, it’s crucial to be well-versed in relevant regulations. Research any recent changes and be ready to explain how they might impact reconciliations.
✨Showcase Your Teamwork Skills
This position requires collaboration with internal teams, so think of examples that highlight your ability to work well with others. Be ready to discuss how you’ve contributed to team success in previous roles.
✨Prepare for Technical Questions
If you have experience with systems like Avaloq or SWIFT, be prepared to talk about them. Even if you haven’t used these specific systems, think about similar tools you’ve worked with and how they relate to the role.
