Settlements and Reconciliation Analyst
Birmingham, Hybrid setting (3 days a week in the office, 2 days remote)
6-month initial contract (Scope to extend)
£33,000 per annum
My client is a global leader in technology and services that help businesses and communities thrive by advancing commerce and the financial world. For over 50 years, my client has driven growth for clients worldwide by creating tomorrow's technology, solutions, and services to modernise today's businesses and customer experiences.
Role Overview
We are seeking a Reconciliations and Settlements Analyst to join our Settlements and Reconciliations team. This role requires an experienced professional with a strong background in UK Settlements, cash and stock reconciliation, and familiarity with CREST and Euroclear systems.
Responsibilities:
- Complete internal and external client money reconciliations (both Stock & Cash) in line with CASS rules
- Complete non-CASS reconciliations in relation to other operational bank accounts
- Identify risks to client money reconciliations, investigate breaks and incidents and escalate.
- Analyse and interrogate data to identify exceptions and advise on solutions.
- Challenge existing processes with a mindset of continuous improvement
- Be a process expert within the team, dealing with complex issues and delivering resolution Support on internal and external CASS audit walkthroughs and documentation requests.
- Assist operational teams with procedural enhancements and review to stop breaches at source.
- Collate and provide relevant MI to management and CASS committee.
- Collaborate with finance team members and wider teams to ensure and improve effectiveness of CASS reconciliation processes, procedures, and controls.
Skills and Experience:
- UK Settlements experience
- Experience with CREST and Euroclear-based software
- Experience with UK and international trades, including ensuring trade matching and handling amendments.
- Experience with identifying and resolving stock and cash breaks.
- Client money reconciliations experience.
- A good awareness of the FCA handbook, including CASS 7 rules, involvement in the preparation of CMAR and CASS resolution packs.
- Quick learner and ability to hit the ground running.
- Experience with reconciliation technology solutions, ideally Intellimatch (Desirable).
- A background in investment platforms and products, such as ISAs.
- Attention to detail, analytical with strong Excel skills.
- Problem-solving skills and a commitment to continuous improvement.
Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.
Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive.