Job Opportunity: Treasury Operations Bank Reconciliation Manager

Our client is a leading financial technology company providing secure and efficient payment solutions. We are looking for a talented and experienced Treasury Operations Bank Reconciliation Manager to join the team based in Nicosia Cyprus. To play a key role in ensuring the accuracy and compliance of client fund reconciliations.

Role Purpose:

As the Treasury Operations Bank Reconciliation Manager, you will be responsible for overseeing the reconciliation of client funds held across multiple commercial banks and the Central Bank of Lithuania. This role is essential for ensuring compliance with regulatory guidelines, including EMR and CASS, while optimising the reconciliation processes and maintaining strong safeguarding practices.

Key Responsibilities:

• Client Fund Reconciliation:
• Reconcile client funds held across various commercial banks.
• Conduct internal and external reconciliations to ensure accuracy and regulatory compliance.
• Resolve discrepancies promptly and maintain accurate financial records.
• Safeguarding and Compliance Oversight:
• Oversee the Safeguarding Reconciliation Team for timely and accurate daily reconciliations.
• Develop enhancements to safeguarding processes and reporting methodologies to meet regulatory requirements.
• Manage escalations and report to senior management on reconciliation outcomes, project progress, and compliance.
• Foreign Exchange (FX) Exposure Management:
• Collaborate with banks and FX providers to optimize currency conversion processes and rates.
• Collaboration and Communication:
• Work with the Safeguarding Team to address client queries regarding reconciliations and fund movements.
• Support audit processes by providing accurate reconciliation reports.
• Partner with internal teams to improve reconciliation workflows, operational efficiency, and support new product projects.
• Regulatory Compliance:
• Ensure all reconciliations are conducted in line with EMR and CASS regulations.
• Prepare and present regular compliance reports and assist with regulatory reporting (e.g., Central Bank of Cyprus).
• Performance Monitoring:
• Develop KPIs for reconciliation accuracy and timeliness, and monitor progress.
• Provide monthly management reports with insightful commentary on reconciliation outcomes.
• Strategic Initiatives:
• Lead global expansion and regulatory initiatives within the treasury space.
• Manage and lead a team, while driving automation initiatives to enhance reconciliation processes.

Qualifications & Skills:

Essential:

• Professional qualifications such as ACCA or equivalent.
• Minimum of 4 years of proven experience in treasury operations, with a focus on bank reconciliations.
• Experience working with financial institutions, central banks, and SEPA payment networks.
• Strong understanding of EMR and CASS regulatory requirements.
• Experience in foreign exchange exposure management.
• Excellent analytical and problem-solving skills.
• Strong communication and management skills.

Inventum Group is acting as an Employment Agency in relation to this vacancy.