Johannesburg: Reconciliation Analyst- Banking (6-months Contract) posted by Isilumko Staffing
Posted on 2025-05-18 00:00:00
| Employer | Isilumko Staffing |
|---|---|
| Category | Banking |
| Location | Gauteng / Johannesburg |
Job Summary
A leading financial services organization committed to driving growth and success in the banking sector is seeking a meticulous and proactive Reconciliations Analyst to ensure the accuracy and integrity of our financial accounts.
Key Responsibilities:
- Control a portfolio of foreign currency, domestic, and internal accounts.
- Ensure all bank statements are received and accessible on Intellimatch and Storqm.
- Verify that all necessary data for reconciliation is imported into relevant systems from various processing and settlement platforms.
- Perform daily reconciliations of accounts and investigate exceptions thoroughly.
- Identify and address the source of problems, follow up on exceptions to ensure resolution within agreed SLAs, and escalate issues to senior management as needed.
- Maintain a comprehensive understanding of company’s foreign currency and domestic trading products, including their settlement systems.
- Stay vigilant for potential fraudulent transactions and report any suspicious activities to senior management immediately.
- Manage risk and costs to enhance the overall effectiveness of the Corporate and Investment Banking Division and ensure compliance standards are met through daily action on control reports and checklists.
Qualifications and Skills
- In-depth knowledge of foreign currency and domestic trading products.
- Strong understanding of reconciliation processes and settlement systems.
- Excellent problem-solving and analytical skills.
- High attention to detail and accuracy.
- Ability to manage and resolve issues within strict deadlines.
- Proactive approach in managing risk and identifying potential fraud.
- Effective communication skills for interaction with senior management and business unit directors.
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