Telephone: 020 8421 4242                      

Reconcilliation Clerk

Location St Albans, United Kingdom
Date Posted April 18, 2018
Category Administration
Job Type Full-time
Salary £21,000 to £22,000 a.e.


Reporting to the Reconciliation Team leader, this is a great opportunity for a meticulous individual to join the team, in the Finance Department of a well established Financial Services Administration Specialist.

You will be providing a full reconciliation service to the Finance department.

As well as a competitive salary, the role comes with the following additional benefits:

  • Life Assurance
  • Group Income Protection
  • Pension Scheme
  • Service related annual leave accrual.

Summary of Duties:

  • Download daily account balances using online banking machines and print.
  • Perform daily bank reconciliations
  • Quickly and efficiently investigate and resolve any reconciling differences.
  • Liaising with other departments, applying correct procedures  for returned cheques or rejected DD / BACS payments.
  • Cheque writing to cover all client money accounts (manual and automated printing)
  • Monitor cheque payments for uncleared items and re-isse those over 6 months old.
  • Build relationships with IT, Investment Management and Maturities colleagues to ensure all strike issues/discrepancies are resolved quickly and efficiently.
  • Monitoring of bounced cheques advising Investment Admin team to contact customer for replacement funds.
  • Monitor cheque payments for uncleared items and re-issue those items over 6 months old.
  • Input daily transfers and payments on to relevant internet banking system
  • Carry out sufficient colleague training in order to provide cover for the role.
  • Produce management information on a daily, weekly and monthly basis for the department & an external client
  • Attend and contribute to team meetings as required.
  • Report any breaches of client money regulations to the Compliance Manager.
  • Support and work in accordance with the company’s ISO 27001 certification and TCF policies and procedures.
  • Attend monthly Security Awareness Committee meetings.


Required Experience (minimum):

  • 2 year’s experience within the Financial Services Industry.
  • 2 year’s experience of working within a reconciliation team
  • A-C GCSE Education in English and Maths
  • Intermediate MS Excel user
  • Understanding of basic principles of DPA /Data Protection.

Person Specification: 

  • Meticulous with excellent attention to detail.
  • Ability to prioritise tasks and workload
  • Risk Averse

Hours:  Monday to Friday, 09:00 to 17:30.

Holiday:  20 Days Annual leave + bank holidays. Further leave accrues (up to 5 days), based on length of service.


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