Junior Treasury and Bank Reconciliation Officer

Junior Treasury & Bank Reconciliation Officer

The Junior Treasury & Bank Reconciliation Officer will be responsible for performing daily and monthly reconciliations of bank accounts, safeguarding accounts, and payment flows for all the firms within the Ballinger Group. The role ensures accuracy of financial records, timely identification of discrepancies, and compliance with FCA and MFSA regulatory requirements, including safeguarding of client funds.

A successful candidate is expected to have knowledge of, and an interest in, Group treasury management operations.

Key Responsibilities

• Perform daily, weekly, and monthly bank reconciliations across multiple currencies and firms.
• Reconcile client funds, safeguarding accounts, settlement accounts, and operational accounts.
• Reconcile transaction flows between core payments platform, bank statements, and liquidity providers statements.
• Investigate and resolve discrepancies and unmatched transactions in a timely manner.
• Maintain reconciliation logs, ageing reports, and audit trails.
• Support client money safeguarding reconciliations in line with regulatory requirements.
• Assist in monitoring segregation of client funds from company funds.
• Prepare reconciliation evidence for internal controls, audits, and regulatory reviews.
• Support external auditors and regulators with documentation and explanations.
• Produce daily and monthly reconciliation reports for management and daily treasury and cash flow reports.
• Escalate unresolved items and operational risks promptly.
• Support improvements to reconciliation processes and controls.
• Assist with month-end close activities.
• Produce daily cash position reports.
• Maintain client and counterparty margin logs and reporting.
• Liaise with operations teams, finance teams, compliance and risk teams.
• Support onboarding of new bank accounts, liquidity providers, or payment methods from a reconciliation perspective.

Key Skills & Competencies

Technical Skills

• Strong experience in bank and payment reconciliations.
• Understanding of PSP / EMI transaction flows (SEPA, Faster Payments, SWIFT etc.).
• Multi-currency reconciliation experience.
• Experience with accounting systems and reconciliation tools.

Regulatory & Industry Knowledge

• Knowledge of EMI/PSP regulatory requirements.
• Understanding of client money concepts and segregation.

Soft Skills

• High attention to detail and accuracy.
• Strong analytical and problem solving skills.
• Ability to work under tight deadlines.
• Clear communication and escalation skills.
• Strong sense of ownership and accountability.

Experience & Qualifications

Essential

• 2-5 years' experience in a regulated financial services environment (PSP, EMI, bank, fintech).
• Proven experience performing daily bank and safeguarding reconciliations.
• Experience working with multiple bank accounts.
• Knowledge of treasury management operations.

Desirable

• Experience in both UK and EU regulated environments.
• Knowledge of accounting standards relevant to financial institutions.
• Part qualified or studying towards ACCA, CIMA, or equivalent.

Skills and Attributes

• High level of technical aptitude and process orientation.
• Proactive and self motivated, with the ability to work independently in a part time capacity.
• Strong organisational skills and ability to manage multiple priorities effectively.
• Professional integrity and reliability.