Senior Reconciliations Analyst

As a Senior Reconciliations Analyst at BCB Group, your primary responsibilities include completing daily reconciliations across multiple banking partners, investigating reconciliation breaks, and collaborating with the Operations team to resolve issues promptly. You'll also be involved in root cause analysis, creating allocation and matching rules to improve processes, and ensuring compliance with regulatory standards.

BCB Group is looking for candidates who ideally hold a degree-level qualification and have a solid background in operations with direct experience in managing reconciliations. A good working knowledge of Microsoft Excel and familiarity with reconciliation systems like SmartStream or AutoRek are essential. Experience with SQL queries and asset/securities reconciliations would be advantageous.

At BCB Group, professional development is a priority. They offer numerous learning opportunities, encouraging team members to grow alongside the business. The company fosters a culture of personal growth, where everyone is encouraged to enhance their skills, making the workplace dynamic and inspiring for Senior Reconciliations Analysts.

Senior Reconciliations Analysts at BCB Group will utilize reconciliation systems like SmartStream or AutoRek. Furthermore, proficiency in Microsoft Excel is crucial, and knowledge of SQL for running basic queries is beneficial for analyzing data and fostering informed decision-making in reconciliation processes.

BCB Group provides an attractive benefits package for Senior Reconciliations Analysts, including 30 days of annual leave, 4 wellbeing days, a company volunteering day, and a strong benefits package that encompasses private healthcare, pension plans, life insurance, and enhanced parental leave policies, ensuring a supportive and balanced work environment.

When answering this question, detail your background in managing reconciliations, emphasizing specific systems you've worked with, such as SmartStream or AutoRek. Provide examples of how you have identified and resolved reconciliation breaks effectively.

Illustrate your organizational skills by discussing methods you use to prioritize tasks. Mention how you assess the severity of reconciliation breaks and collaborate with team members to resolve the most critical issues first.

Share specific examples of process improvements you have initiated in past roles. Discuss the outcomes and how these changes enhanced efficiency and reduced errors in reconciliations.

Express your understanding of regulatory compliance, specifically relating to reconciliations in the financial sector. Share instances where you ensured compliance in your previous roles and how you keep updated with changing regulations.

Discuss your approach to conducting root cause analysis by providing a structured method that you follow to identify the source of reconciliation issues. Mention any tools or methodologies you utilize.

Emphasize your ability to learn and adapt quickly to new software and technologies. Provide an example of a time when you successfully transitioned to a new system and how you ensured minimal disruption to the reconciliation process.

Share a specific challenge you encountered with reconciliations, detailing the steps you took to analyze and resolve the issue. Highlight your critical thinking and collaboration with colleagues to address the challenge.

Discuss the various techniques and tools you utilize to maintain accuracy, such as double-checking entries, employing reconciliation software, or conducting peer reviews to ensure data integrity and accuracy.

If you have experience with SQL, explain how you’ve used it to query data relevant to reconciliations. Provide examples of SQL queries you’ve run and how they aided your reconciliation efforts.

Discuss your collaborative approach with other departments, sharing specific examples of how teamwork has led to effective reconciliation solutions. Emphasize communication and relationship-building skills.