At a Glance
- Tasks: Perform daily reconciliations and resolve discrepancies in client transactions.
- Company: Exciting London-based FinTech company with growth potential.
- Benefits: Gain valuable experience in finance and enhance your skills.
- Other info: Temporary contract with opportunities for career advancement.
- Why this job: Join a dynamic team and make an impact in the financial sector.
- Qualifications: Experience in financial operations and strong analytical skills.
The predicted salary is between 35000 - 45000 £ 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.
Reconciliations Analyst employer: EA FIRST LTD
This London-based FinTech company is an excellent employer, offering a dynamic work culture that fosters innovation and collaboration. Employees benefit from a supportive environment with opportunities for professional growth and development, as well as the chance to work on cutting-edge financial technologies. With a focus on employee well-being and a commitment to enhancing operational processes, this company stands out as a rewarding place to build a career in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliations Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the FinTech space, especially those who work in reconciliations or financial operations. 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 banking platforms and reconciliation processes. We want you to show off your skills and passion for payments, so practice answering common questions and think of examples from your past experience.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you fresh in the interviewer's mind and shows your enthusiasm for the role. Plus, it’s a great chance to reiterate why you’re the perfect fit for their team.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to navigate and keeps everything in one place.
We think you need these skills to ace Reconciliations Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in financial operations and any relevant skills related to reconciliations. We want to see how your background aligns with the role, so don’t be shy about showcasing your 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 Problem-Solving Skills:Since the role involves investigating discrepancies, make sure to mention any experiences where you've successfully resolved issues. We love candidates who can think critically and tackle challenges head-on!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!
How to prepare for a job interview at EA FIRST LTD
✨Know Your Numbers
As a Reconciliations Analyst, you'll be dealing with financial data daily. Brush up on your understanding of financial operations and reconciliation processes. Be prepared to discuss specific examples from your past experience where you successfully resolved discrepancies or improved processes.
✨Familiarise Yourself with Banking Platforms
Since the role involves multiple banking platforms, do some research on the common systems used in the industry. If you have experience with any specific platforms, make sure to highlight that during the interview. This shows your proactive approach and readiness to hit the ground running.
✨Demonstrate Problem-Solving Skills
The ability to investigate and resolve discrepancies is crucial. Prepare to share examples of how you've tackled similar challenges in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers and clearly demonstrate your problem-solving skills.
✨Show Enthusiasm for the FinTech Sector
This company is looking for someone with a keen interest in payments and back-office operations. Make sure to express your passion for the FinTech industry and stay updated on current trends. Discussing recent developments or innovations can help you stand out as a candidate who is genuinely interested in the field.
