Responsible for performing daily reconciliation activities across banking products, payment channels, settlement accounts, suspense accounts and internal operating systems. Ensures completeness and accuracy of transactions, identification of breaks, maintenance of evidence, compliance with control standards, audit readiness and timely resolution of outstanding items to minimize operational and financial risk.
Responsibilities- Perform daily reconciliation between CBS, GL, settlement and source systems.
- Identify and investigate unmatched transactions.
- Monitor suspense accounts.
- Prepare exception reports.
- Coordinate with Finance, Operations and Technology teams.
- Support audits and compliance reviews.
- Escalate ageing breaks.
- Maintain documentation and controls.
- Review and track open items, ageing exceptions, debit/credit balances, and unidentified entries.
- Coordinate with Business, Operations, Finance, Technology, and other stakeholders for timely closure of reconciliation exceptions.
- Follow up on outstanding items and ensure closure within agreed turnaround times and SLAs.
- Identify and report high-risk exceptions, potential losses, and Amount at Risk (AAR) items.
- Maintain reconciliation records, supporting documents, certifications, and audit evidence.
- Prepare MIS reports, exception reports, dashboard inputs, and reconciliation certifications.
Experience Range: 1 to 4 years
Qualifications:
B.Com / BBA / Finance
Banking Operations Certification (Preferred)
Skills Required
- 1 to 4 years of experience
- Bachelor’s degree in Commerce, Business Administration, or Finance
- Banking Operations Certification
What We Do
CSB is a full service bank established in 1920 and headquartered in Thrissur, Kerala. CSB has over 703 branches covering not just the district headquarters and large towns but also semi-urban and rural centers. Thanks to its unique origin and history, CSB is considered a household banking brand in Kerala. CSB offers Retail, Wholesale and SME Banking services through its footprint of over 703 branches across the country serving over 2 million customers.
