At a Glance
- Tasks: Analyse financial systems and enhance reconciliation processes for accuracy and efficiency.
- Company: Join a leading consultancy with a global reach and diverse team.
- Benefits: Competitive pay, flexible working, and opportunities for professional growth.
- Why this job: Make a real impact in finance while developing your analytical skills.
- Qualifications: Experience in banking reconciliation and strong data analysis skills required.
- Other info: Dynamic work environment with potential for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
The Recon Business Data Analyst will play a key role in delivering accurate, efficient, and automated reconciliation processes across complex financial systems. This role is responsible for analysing end to end transaction flows, identifying mismatches, defining data transformation rules, supporting reconciliation tooling enhancements, and ensuring controlled resolution of breaks. The analyst will collaborate closely with business, operations, technology, and risk teams to strengthen reconciliation accuracy, compliance, and reporting.
Key Responsibilities
- Business Analysis & Requirements
- Analyse current reconciliation processes (transaction, settlement, fees, GL, suspense, exception management, etc.).
- Gather, document, and validate business requirements for reconciliation improvements and system transformations.
- Define data mapping rules, matching logic, exception criteria, and break classification frameworks.
- Translate business needs into functional specifications for technology teams.
- Data Analysis & Reconciliation
- Perform deep-dive analysis on transaction, payment, and settlement datasets to identify errors, mismatches, and root causes.
- Develop analysis artefacts including data dictionaries, lineage diagrams, and flow visualisations.
- Work with finance, operations, and product teams to resolve recon breaks and track them to closure.
- Validate data integrity across multi source platforms (core banking, gateways, payment processors, GL systems).
- Transformation & Automation
- Support implementation of reconciliation tools (e.g., Fiserv/ReconNET, FIS Intellimatch, SmartStream TLM, Oracle FS).
- Contribute to automation of matching rules, break workflows, and reporting dashboards.
- Participate in UAT planning, test case creation, execution, and defect management.
- Support migration and transformation activities involving new platforms, system upgrades, or regulatory changes.
- Controls & Reporting
- Ensure reconciliation processes align with regulatory, audit, and compliance standards.
- Produce MI dashboards and insights for senior stakeholders on break trends, volumes, and SLA performance.
- Maintain strong documentation covering processes, controls, test results, and operational procedures.
Required Skills & Experience
- Strong experience in reconciliation processes within banking, payments, merchant acquiring, cards, or financial operations.
- Advanced data analysis skills using SQL, Excel, Power BI/Tableau, or similar tooling.
- Understanding of transaction lifecycles across payments, settlement, GL posting, and ledger systems.
- Experience working with reconciliation platforms or building custom matching logic.
- Strong analytical and problem solving skills with ability to translate data insights into actions.
- Excellent documentation skills (BRD, FRD, data mapping, rules definition, workflows).
- Ability to work with cross functional teams across business, finance, operations, and technology.
Preferred Qualifications
- Experience with large-scale transformation/migration programmes (Payments, Finance, or Core Banking).
- Familiarity with ISO 8583/20022 messages, card scheme settlement files, merchant acquiring flows, or payment gateway data.
- Knowledge of regulatory requirements related to reconciliation and financial reporting.
- Exposure to automation technologies (Python, Alteryx, SQL scripting, or cloud-based data pipelines).
- Experience with Agile delivery frameworks (Scrum, Kanban).
Soft Skills
- Strong stakeholder management and communication skills.
- Ability to work in fast-paced project environments with tight deadlines.
- Detail-oriented mindset with high accountability for accuracy.
- Proactive approach to issue identification and resolution.
Business Analyst in Bellshill employer: Onyx-Conseil
Contact Detail:
Onyx-Conseil Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Analyst in Bellshill
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend meetups, and connect with people on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to business analysis. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your problem-solving skills.
✨Tip Number 3
Showcase your analytical skills by bringing examples of your work to interviews. Whether it’s data visualisations or reports, having tangible evidence of your abilities can really impress hiring managers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people.
We think you need these skills to ace Business Analyst in Bellshill
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Analyst role. Highlight your experience with reconciliation processes and data analysis tools like SQL and Excel. We want to see how your skills match what we're looking for!
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've improved reconciliation processes or resolved complex issues. This helps us see the impact you've made in previous roles.
Be Clear and Concise: When writing your application, be clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like data analysis.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Onyx-Conseil
✨Know Your Reconciliation Processes
Before the interview, brush up on your understanding of reconciliation processes, especially in banking and payments. Be ready to discuss specific examples from your past experience where you identified mismatches or improved processes.
✨Show Off Your Data Skills
Make sure you can demonstrate your advanced data analysis skills. Prepare to talk about how you've used SQL, Excel, or Power BI/Tableau in previous roles, and be ready to explain how you translated data insights into actionable outcomes.
✨Understand the Tech Stack
Familiarise yourself with the reconciliation tools mentioned in the job description, like Fiserv or SmartStream TLM. If you have experience with these platforms, be prepared to discuss how you contributed to their implementation or enhancement.
✨Communicate Effectively
Since this role involves collaboration with various teams, practice articulating your thoughts clearly. Think of examples where your strong stakeholder management and communication skills made a difference in a project, especially in fast-paced environments.