Reconciliation Specialist

BizTek People is looking for a Reconciliation Specialist for our client in NJ!

Schedule:

Hybrid

Summary:

Perform a wide variety of reconciliations and reporting tasks related to treasury products within the Securities Operations team.

Responsibilities

Reconcile all trading systems (e.g., internal operational systems) to the general ledger

Analyze discrepancies and determine corrective actions

Notify responsible parties of transaction corrections needed to balance accounts

Perform various securities reconciliations, including suspense accounts, tri-party loans vs. collateral, inventory positions, fails, and custodian accounts

Reconcile the operational bookkeeping system to the general ledger

Reconcile collateral control systems against internal records and the general ledger

Monitor exception reports and notify appropriate teams of necessary corrective actions

Maintain subledger reconciliation and update internal scorecards

Complete tasks with minimal supervision

Prepare audit confirmations

Compile monthly and quarterly reports

Perform additional duties as assigned by supervisors or managers

Compliance

Develop a basic understanding of relevant banking regulations

Direct any regulatory questions to the Legal and Compliance Division

Attend required annual compliance training

Read and respond to compliance directives as needed

Comply with the organization's Code of Conduct

Qualification

Bachelor’s degree in Accounting

or

Three to five years of reconciliation or banking experience

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