Key Capabilities/Experience:
- Familiarity with various financial instruments and transactions (e.g., equities, bonds, derivatives, foreign exchange, and other traded instruments) and how they are processed in the market. Knowledge of market conventions and operational workflows related to these products is also beneficial.
- Awareness of financial regulations and compliance requirements, as reconciling processes often need to adhere to guidelines set by financial authorities.
- Ability to identify issues in data discrepancies and develop effective solutions quickly to minimize impact on operations.
- Capability to evaluate existing reconciliation processes and suggest improvements to enhance efficiency and effectiveness.
- Background in finance, accounting, or related fields; hands-on experience with financial reconciliations and accounting practices is crucial.
- Experience in operations or back-office roles within investment banks, asset management firms, can provide insights into the intricacies of FM reconciliations.
- Capability to evaluate existing reconciliation processes and suggest improvements to enhance efficiency and effectiveness. Involvement in projects related to reconciliation processes, system upgrades, or process redesign can demonstrate the ability to drive change and enhance reconciliation efficiency.
Minimum Qualifications:
- Ability to work under pressure.
- Strong analytical capabilities to interpret financial data, identify trends, and diagnose discrepancies in reconciliation processes.
- Ability to meticulously verify data discrepancies and ensure accuracy in financial records, which is critical for reconciling transactions.
- Has a sense of stakeholder management.
- Excellent written and oral communication skills. Can convey information clearly and effectively, both verbally and in writing, is essential.
- Interpersonal skills: Building rapport and maintaining positive relationships with a diverse range of stakeholders.
- Strong organizational and time management skills to balance multiple priorities and meet tight deadlines.
- Familiarity with banking regulations and compliance standards, including understanding of risk management practices and internal controls.
- Collage graduate from a respected Tertiary Institution or equivalent working experience.
- At least 5 years of experience in financial reconciliations, financial analysis, or related roles within the baking and finance industry.
- Microsoft O365 proficient.
- Familiar with any reconciliation tools (example: Duco Tool and Intellimatch).
- Knowledgeable in swift messaging (MX or MT).
Top Skills
What We Do
ING is a pioneer in digital banking and on the forefront as one of the most innovative banks in the world. As ING, we have a clear purpose that represents our conviction of people’s potential. We don’t judge, coach, or tell people how to live their lives. However big or small, modest or grand, we empower people and businesses to realise their vision for a better future. We made the promise to make banking frictionless, removing barriers to progress, and make people confident in their financial decisions. As a global bank we have a huge opportunity – and responsibility – to make an impact for the better. We can play a role by financing change, sharing knowledge, and innovating. Being sustainable is in all the choices we make—as a lender, as a partner and through the services we offer our customers
