At a Glance
- Tasks: Perform daily reconciliations and resolve discrepancies in client transactions.
- Company: Dynamic FinTech company based in London with a focus on innovation.
- Benefits: Competitive hourly rate, hybrid working, and a chance to enhance your skills.
- Other info: 3-month contract with opportunities for professional growth.
- Why this job: Join a growing team and make an impact in the fast-paced financial sector.
- Qualifications: Experience in financial operations and strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
We're pleased to be recruiting for a Reconciliations Analyst, on a 3-month temporary contract for this growing London-based FinTech company. We are looking for a highly motivated individual with a keen interest in payments or back-office operations within the financial sector.
Key tasks in this varied role include:
- Perform daily operational reconciliations of client deposits, withdrawals, and transfers across multiple banking platforms.
- Investigate and resolve discrepancies in client transaction records.
- Ensure timely and accurate matching of client instructions with bank confirmations.
- Liaise with partner banks to reconcile accounts and ensure alignment with internal records.
- Monitor and report on reconciliation status across all banking partners.
- Support the onboarding of new banking partners.
- Monitor and manage suspense accounts, ensuring unallocated funds are identified and resolved promptly.
- Collaborate with internal teams to trace and allocate unidentified transactions.
- Maintain audit trails and documentation for all suspense account activities.
- Contribute to the enhancement of reconciliation processes and embed new frameworks/processes.
- Support internal and external audits with relevant documentation and analysis.
Skills & Experience
- Proven experience in financial operations, preferably within a fintech or banking environment.
- Strong understanding of reconciliation processes and banking operations.
- Proficiency in Excel and financial systems; experience with reconciliation tools is a plus.
- Excellent communication skills and ability to work collaboratively across teams.
- High level of accuracy, organisation, and problem-solving ability.
Location: London (near Liverpool Street)
Hybrid working: Tuesday-Thursday in the office
Hours: Monday-Friday - Full time
Hourly rate: Competitive
Duration: 3 months
Reconciliations Analyst – FinTech, Hybrid London employer: EA First Compass House
This London-based FinTech company offers a dynamic and supportive work environment, perfect for those looking to grow their careers in financial operations. With a hybrid working model, employees enjoy flexibility while collaborating with talented teams to enhance reconciliation processes. The company prioritises employee development and provides opportunities to engage with innovative banking solutions, making it an excellent choice for motivated individuals seeking meaningful work in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliations Analyst – FinTech, Hybrid London
✨Tip Number 1
Network like a pro! Reach out to people in the FinTech space, especially those who work at companies you're interested in. A friendly chat can open doors and give you insider info on job openings.
✨Tip Number 2
Prepare for interviews by practising common questions related to reconciliations and financial operations. We recommend using the STAR method to structure your answers – it helps you showcase your skills effectively!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance at landing that Reconciliations Analyst role. We’re always on the lookout for motivated individuals like you, so don’t miss out on the opportunity!
We think you need these skills to ace Reconciliations Analyst – FinTech, Hybrid London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in financial operations and reconciliation processes. We want to see how your skills align with the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your keen interest in payments and back-office operations. Let us know why you’re excited about this opportunity and how you can contribute to our team.
Showcase Your Skills:Don’t forget to mention your proficiency in Excel and any experience with reconciliation tools. We love seeing candidates who are tech-savvy and can hit the ground running in our fast-paced environment.
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 this exciting role. Plus, it makes the process smoother for everyone!
How to prepare for a job interview at EA First Compass House
✨Know Your Reconciliation Processes
Make sure you brush up on your understanding of reconciliation processes and banking operations. Be ready to discuss specific examples from your past experience where you've successfully managed discrepancies or reconciled accounts.
✨Excel Skills are Key
Since proficiency in Excel is crucial for this role, practice using advanced functions and tools that are relevant to financial operations. You might be asked to demonstrate your skills, so having a few examples ready can really impress the interviewers.
✨Show Your Problem-Solving Skills
Prepare to discuss how you've tackled challenges in previous roles, especially those related to financial discrepancies. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your problem-solving abilities.
✨Communicate Effectively
As this role involves liaising with partner banks and collaborating with internal teams, strong communication skills are essential. Practice articulating your thoughts clearly and concisely, and be prepared to discuss how you've worked effectively with others in the past.
