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