At a Glance
- Tasks: Perform reconciliations, investigate discrepancies, and prepare reports for a leading finance bank.
- Company: Join an international finance bank with a strong presence in London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to recommend process improvements and grow within the team.
- Why this job: Make a real impact in finance while enhancing your analytical skills.
- Qualifications: Experience in reconciliations and a good understanding of payments.
The predicted salary is between 40000 - 50000 £ per year.
THE COMPANY: We have been instructed by an international Private, corporate & specialist finance bank who has their European hub in London. They provide a range of corporate banking, Private banking and real estate services.
THE RESPONSIBILITIES:
- Perform daily, weekly, and monthly reconciliations of nostro accounts, suspense accounts, and internal ledgers.
- Investigate reconciliation breaks, liaise with internal teams and counterparties to resolve outstanding items promptly.
- Prepare reconciliation reports and escalate long outstanding items to management.
- Deal with and initiate Payments Investigations with the ability to resolve in a timely manner.
- Support month-end and year-end processes by ensuring all reconciliations are up to date and accurate.
- Assist with internal and external audits, providing relevant reconciliation reports and supporting documentation.
- Maintain up-to-date records of reconciliations in line with regulatory and internal policies.
- Recommend process improvements to enhance efficiency, accuracy, and controls.
- Provide cover where necessary to the wider Payments team.
- Ensure adherence to Shariah compliant operational standards and internal policies.
- Any other ad-hoc duties that may be allocated by management including those not directly related to the Payments & Investigations section.
EXPERIENCE REQUIRED:
- Previous experience in a reconciliations and Investigations environment.
- Good knowledge and experience of UK Domestic and International Payments.
- Good understanding of SWIFT and Payment message types.
- Good level of numeracy and literacy.
Reconciliation and Investigations Officer in London employer: Saxton Leigh
As a Reconciliation and Investigations Officer at our prestigious international finance bank in London, you will thrive in a dynamic work culture that prioritises employee development and collaboration. We offer competitive benefits, including opportunities for professional growth and a supportive environment that encourages innovation and efficiency. Join us to be part of a team that values integrity and excellence in the heart of one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Reconciliation and Investigations Officer 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 Saxton Leigh. 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 Reconciliation and Investigations Officer 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 Saxton Leigh.
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 Saxton Leigh'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 Saxton Leigh
✨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 Saxton Leigh.
✨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 Saxton Leigh 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 Saxton Leigh 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.
