Reconciliation Officer

11 Nov 2024

Vacancy expired!

Full time on Client's payrollJob Summary VP within control and reconciliation unit will be responsible for ensuring accurate and consistent data within the banks systems of record. This includes Front Office to Bank Office reconciliations, Borrower in Custody reconciliations, Nostro/Wash Account reconciliations. Individual must be detail oriented and well versed in multiple areas of banking operations. Key Responsibilities • Responsible for daily ARS/ICTD reports and verify that CBO groups resolve outstanding items.• Responsible for the monthly preparation of various department certifications related to CBO accounts, and forwards reports to Senior Management and the Financial Division.• Daily reconciliation of Foreign, Internal, Subsidiaries, Funds Transfer and Loan Wash and Syndication accounts using FIS- Intellimatch. Ensuring CBO groups clear items on reconciliations. (Daily & Monthly reconciliations)• Generate various report exceptions from ACBS and distribute to FTO groups to correct break.• Generate and keep track of Daily Exception report, and distribute to FTO groups (GELOP/NY) to correct• Prepare monthly KRI Dashboard requirement for HO, and stats for FTO management.• Prepares and distributes monthly Pat Due and non-performing reports to Senior Management and the Financial Division.• Daily monitoring of exceptions on foreign currency reconciliations and branches, distribute daily to Treasury for review, while ensuring FTO groups clear these items on a timely basis.• Responsible for initial investigate of unresolved items on Nostri accounts with FTO groups and other division in the bank.• Distribute weekly and monthly email to groups and other area relating to aged items and escalate as per policy.• Responsible for all exception reporting generated from ACBS and action to resolve (eg Break funding report, Compliance, Aged items).• Responsible for reviewing the daily bank's suspense account from Finance and request resolution from CBO groups.• Liaison between branches and FTO groups (Mumbai, Canada, Brazil) concerning customer's exceptions, example ARS/ICTD reports and assist with inquiries concerning operational procedures.• Approval daily book keeping submit from FTO Groups.• Quarterly review of aged items from Finance related to FTO groups.• Assist with any upgrade of systems relating to the FTO group.• Liaison with Branches, Finance and FTO groups concerning exceptions, and assist with inquiries concerning operational procedures.• Responsible for maintaining a good working relationship with peers, as well as FT group managers and loan administrators.• Work with several bank/non-bank regulatory agencies including the NY Client• Assist with FTO projects and verification• Backup for team functions Management and Reporting Provide support to and coverage for the Head of Control & ReconciliationProvide add-hoc reporting to MD of FTO/TBO operations

  • ID: #22562134
  • State: New Jersey Iselin 08830 Iselin USA
  • City: Iselin
  • Salary: Depends on Experience
  • Job type: Permanent
  • Showed: 2021-11-11
  • Deadline: 2022-01-07
  • Category: Et cetera