Job details

Senior Reconciliations Manager

You will be working within the Operations team, reporting to the VP, Change and Controls. You will be responsible for managing the people and processes within Reconciliations (currently a team of 7, based in London and Rotterdam). The team is responsible for reconciling over 500 internal and external accounts and completing daily Safeguarding Calculations.

Responsibilities:

Managing the daily processes and team responsible for Vitesse's end-to-end reconciliation process.
Lead, develop and coach the team with a keen focus on engagement and growth.
Assist the team in the delivery of process improvement and controls across the function, ensuring processes are documented and identifying opportunities to reduce risk and increase scalability.
Solving complex issues as they arise to make sure Vitesse’s customers receive the best possible service and record keeping is accurate.
Ensuring key reporting deadlines are met.
Working with both our internal teams & wider banking network, to ensure all reconciliation matters are resolved timely and accurately.
Oversight of daily internal and external e-money reconciliations and associated processes.
Oversight of Safeguarding Calculation and funding requirements.
Performing reconciliation sign offs and subsequent MI and reporting.
Escalate items that present risk to the business and assist in the definition of KRI’s, feeding into Exec reporting.
Ad hoc project work related to reconciliation, including, but not limited to, Product initiatives, Audit, Regulatory responses.
Identify improvements and implement solutions for operations workflow relating to Reconciliations.
Partner with Finance to ensure prompt and accurate month-end reporting, seeking opportunities to improve processes.

This role would suit someone with experience in team management and reconciliations.

Skills

2 years direct people management, ideally in Reconciliations
4 years professional experience gained within Financial Services
Strong motivation / engagement skills
Understanding of good escalation practices
Track record of successfully implementing change initiatives
Strong analytical / investigation skills
Accustomed to working in a fast-paced environment
Confidence to work independently but also as part of the wider Operations team
Intermediate Excel skills
Organisational skills

25 days Holiday per year + Bank Holidays

Hybrid working arrangements
Contributory pension scheme
Enhanced Parental leave
Cycle to Work Scheme
Private Medical Insurance through Vitality
Access to Oliva our Mental Health Therapy partners
Discounted Gym membership
Financial Coaching with Octopus Wealth
2 days of volunteering leave per year
Sabbatical after 5 years’ service
Ongoing Learning and Development to support you reach your career goals

We understand that everyone has their own work rhythm and we believe in a flexible working schedule that supports a healthy work/life balance. We offer a hybrid work approach with 2 days in the office.

Average salary estimate

$90000 / YEARLY (est.)

min

max

$80000K

$100000K

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What You Should Know About Senior Reconciliations Manager, Vitesse PSP

Join Vitesse as a Senior Reconciliations Manager and become an integral part of our Operations team, reporting directly to the VP of Change and Controls. In this pivotal role, you will lead a talented team of 7 across our offices in London and Rotterdam, overseeing the reconciliation of over 500 internal and external accounts daily. You'll be at the forefront of developing and implementing processes that ensure the highest standards of accuracy and efficiency in our end-to-end reconciliation process. This includes safeguarding calculations and resolving complex issues to guarantee exceptional service for our customers. Your leadership will focus on team engagement, growth, and driving improvements in workflows while maintaining robust reporting practices. Collaboration is key, as you'll work closely with internal teams and our banking network to ensure timely and precise resolutions. With a focus on risk reduction and scalability, your insights will be crucial in meeting key reporting deadlines and enhancing our operational procedures. A successful Senior Reconciliations Manager at Vitesse will bring at least 4 years of experience in financial services, alongside proven people management skills. In addition, your analytical prowess and ability to implement change initiatives will support your team in delivering outstanding results. We pride ourselves on our commitment to a work-life balance with hybrid working arrangements, generous holiday, and numerous benefits to ensure your growth both professionally and personally. If you’re ready to elevate your career to new heights in a supportive environment, apply now!

Frequently Asked Questions (FAQs) for Senior Reconciliations Manager Role at Vitesse PSP

What are the key responsibilities of a Senior Reconciliations Manager at Vitesse?

As a Senior Reconciliations Manager at Vitesse, you will manage the end-to-end reconciliation processes, oversee a team responsible for handling over 500 accounts, and ensure daily safeguarding calculations are accurate. Your role will encompass leading your team, driving process improvements, resolving complex issues, and meeting key reporting deadlines.