At a Glance
- Tasks: Lead a team of analysts in financial reconciliations and ensure compliance.
- Company: Diligenta aims to be the best in Life and Pensions Administration, focusing on customer service.
- Benefits: Enjoy 33 days off, bonuses, and perks like discounted shopping and wellbeing support.
- Why this job: Join a supportive culture that values development and offers career progression opportunities.
- Qualifications: 4+ years in financial services with strong analytical and communication skills required.
- Other info: Leadership training available through Diligenta's Step Pathway for successful applicants.
The predicted salary is between 43200 - 72000 £ per year.
Who are Diligenta?Diligenta\’s vision is to be acknowledged as Best in-class Platform based Life and Pensions Administration Service provider. Customer service is at the heart of everything we do and our aim is to transform our clients\’ operations. A business that has been described as \’home\’ by existing employees, we drive a culture that is founded on positive change and development. Summary of the role:We\’re looking for a Reconciliations Team Leader to join the Finance Operations function, ensuring the accuracy and integrity of financial records across our Life & Pensions portfolio. You\’ll lead a team of five analysts, overseeing daily reconciliations, discrepancy resolution, and month-end processes, while maintaining strong controls and compliance with regulatory standards. Please note, as this is a people leadership role the successful applicant will be supported to succeed in their new role through enrolment in the appropriate level of our Diligenta Leadership \’Step\’ Pathway (subject to eligibility criteria), designed to drive quality and consistency across the organisation. Benefits:
- 33 days including Bank Holidays.
- Eligibility for an annual discretionary bonus scheme.
- Personal and career development opportunities to progress your aspirations within the company as well as through our global parent company (Tata Consultancy Services).
- Access to Perks at Work (an online discounted shopping platform) saving you money on a wide range of goods and services, including your weekly food shop, holidays and electrical goods.
- Cycle to Work Scheme & Interest free Season Ticket loans.
- A companywide Wellbeing programme, including an Employee Assistance Programme and other benefits/resources to support your mental/physical and financial wellbeing.
- A comprehensive set of Moments that Matter policies, such as Carer\’s Leave, Foster Leave and Retirement Leave.
- A contributory company pension scheme where we match your contributions up to 6%, Group Life Assurance (\’Death in Service\”) & Group Income Protection.
- Apply to find out about our other benefits.
What you\’ll be doing:
- Lead and manage a team of 5 Reconciliation Analysts/Senior Analysts working on BaNCS.
- Plan team capacity and allocate tasks to meet SLAs and control timelines.
- Act as the escalation point for complex reconciliation issues, ensuring timely resolution.
- Oversee completion of daily, weekly, and monthly control activities and reports.
- Conduct quality checks and provide feedback to maintain accuracy and compliance.
- Develop team capability with structured training plans and accurate procedural documentation.
- Support audit readiness and ensure effective action plans are implemented where needed.
- Contribute to process improvement initiatives, driving efficiency and best practice.
- Demonstrate a strong understanding of reconciliation processes, including attestations to the ledger.
What we\’re looking for:
- Strong analytical thinking with advanced MS Excel skills.
- Confident communicator, comfortable dealing with senior stakeholders.
- High attention to detail and sound decision-making under pressure.
- Strong understanding of finance operations and Life & Pensions processes.
- 4+ years\’ experience in financial services.
- Solid knowledge of reconciliations and ledger-related controls; BaNCS experience is advantageous.
- Understanding of financial regulations and control standards.
If you need any help or adjustments for any stage within the recruitment process due to health, disability, or any other reason, please let us know. Ready to take the next step in your career? Apply today and become part of our innovative team! #J-18808-Ljbffr
Reconciliations Team Leader Life & Pensions employer: Sanderson
Contact Detail:
Sanderson Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reconciliations Team Leader Life & Pensions
✨Tip Number 1
Familiarise yourself with the specific reconciliation processes and financial regulations relevant to Life & Pensions. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Showcase your leadership skills by preparing examples of how you've successfully managed teams or projects in the past. Highlighting your ability to lead a team effectively will resonate well with the hiring managers.
✨Tip Number 3
Network with current or former employees of Diligenta on platforms like LinkedIn. Engaging with them can provide valuable insights into the company culture and expectations, which you can leverage during your application process.
✨Tip Number 4
Prepare to discuss your experience with MS Excel and any specific tools or software you've used in reconciliations. Being able to articulate your technical skills will set you apart from other candidates.
We think you need these skills to ace Reconciliations Team Leader Life & Pensions
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Reconciliations Team Leader position. Understand the key responsibilities and required skills, especially around financial operations and reconciliation processes.
Tailor Your CV: Customise your CV to highlight relevant experience in financial services, particularly in reconciliations and team leadership. Use specific examples that demonstrate your analytical thinking and attention to detail.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention your experience with MS Excel, your ability to manage teams, and how you can contribute to Diligenta's vision of transforming client operations.
Highlight Leadership Experience: Since this is a people leadership role, emphasise any previous experience leading teams or managing projects. Discuss how you've developed team capabilities and contributed to process improvements in past roles.
How to prepare for a job interview at Sanderson
✨Showcase Your Leadership Skills
As a Reconciliations Team Leader, you'll be managing a team of analysts. Be prepared to discuss your leadership style and provide examples of how you've successfully led teams in the past, particularly in high-pressure situations.
✨Demonstrate Analytical Thinking
Highlight your analytical skills by discussing specific instances where you've solved complex reconciliation issues. Use data or examples to illustrate your thought process and decision-making abilities.
✨Familiarise Yourself with BaNCS
If you have experience with BaNCS, make sure to mention it during the interview. If not, do some research on the platform and be ready to discuss how your existing skills can transfer to this system.
✨Prepare for Questions on Compliance
Given the importance of compliance in this role, be ready to answer questions about financial regulations and control standards. Show that you understand the significance of maintaining accuracy and integrity in financial records.