At a Glance
- Tasks: Perform reconciliations, investigate payment issues, and maintain accurate records.
- Company: Reputable overseas banking institution with a strong operations team.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity to work with diverse teams and grow your career in finance.
- Why this job: Join a dynamic team and enhance your skills in finance and operations.
- Qualifications: 5+ years in manual reconciliations, payments experience, and strong Excel skills.
The predicted salary is between 31500 - 38500 £ per year.
An overseas banking institution wishes to recruit within the Payments and Reconciliations team with a strong focus on investigations. This is an excellent opportunity for someone to join a well-established operations team.
Main Duties
- Perform daily, weekly, and monthly reconciliations across all accounts, business units, systems, and platforms.
- Investigate failed payments and resolve discrepancies in a timely manner.
- Maintain accurate records and ensure proper documentation of reconciliation processes.
- Liaise with internal teams to clear breaks and improve data integrity.
- Support core operational processes including trade processing, settlements, corporate actions, and reporting.
- Ensure accuracy and timeliness of operational outputs.
- Collaborate with front office, finance, and technology teams.
- Maintain and update operational procedures and documentation.
- Identify, assess, and escalate operational and financial risks.
- Ensure adherence to internal controls, policies, and regulatory requirements.
Experience Required
- 5 years plus experience of manual reconciliations from a bank or brokerage.
- Experience in Payments/Investigations.
- Understanding of risk management and control frameworks.
- Proficiency in Excel and familiarity with financial systems.
- Excellent attention to detail and problem-solving ability.
Payments Investigations and Reconciliations in London employer: MW recruitment Careers
Join a prestigious financial institution renowned for its excellence in the investment management sector, where you will thrive in a dynamic and sophisticated environment. With a strong focus on employee growth, this company offers extensive opportunities for professional development and collaboration across global teams, ensuring that your contributions are valued and impactful. Enjoy the benefits of a hybrid working model, competitive remuneration, and the chance to work with industry leaders while navigating complex financial landscapes across multiple jurisdictions.
StudySmarter Expert Advice🤫
We think this is how you could land Payments Investigations and Reconciliations 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 MW recruitment Careers. 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 Payments Investigations and Reconciliations 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 MW recruitment Careers.
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 MW recruitment Careers'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 MW recruitment Careers
✨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 MW recruitment Careers.
✨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 MW recruitment Careers 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 MW recruitment Careers 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.
