Trade Support Associate

Job Title: Trade Support - Associate

Contract Type: Fixed Term Contract

Contract Length: 12 Months

Location: London

Are you a detail-oriented individual with a knack for problem-solving? Our client is seeking a dedicated MaTrade Support Associate to join their dynamic team, supporting the EMEA Offices in various reconciliation tasks. If you thrive in a fast-paced environment and enjoy working collaboratively, we want to hear from you!

Key Responsibilities:

• Reconcile the Bank's general ledger with various sub-ledger systems daily, investigating any discrepancies across all EMEA Offices.
• Ensure all Wash accounts for EMEA Offices are reconciled to nil on a daily basis and escalate any breaks for timely clearance.
• Monitor and investigate differences in the EMEA Offices' bank and customer Contingent Liabilities daily.
• Reconcile the Bank's Nostro accounts for EMEA Offices, ensuring detailed information is received for unmatched items, and update the reconciliation database/tool accordingly.
• Collaborate with OAD Sections across EMEA to ensure unmatched Nostro items are cleared promptly.
• Reconcile Interest and Charges across all EMEA Nostro accounts and secure clearance of exceptions (breaks) identified during the reconciliation process.
• Process interest claims on investigations, ensuring any delayed payments or value corrections are handled at minimal cost to the Bank or Customer.
• Support team members in completing all allocated work with high standards and controls maintained.
• Participate in User Acceptance Testing (UAT) and build testing of Section applications.
• Reconcile EMEA cash accounts with correspondent banks daily, ensuring accurate booking and identifying discrepancies for immediate follow-up.
• Reconcile the five sub-ledgers to the General Ledger (GL) to substantiate GL balances fully.
• Assist in maintaining and reviewing desktop procedures related to daily processes, ensuring updates comply with bank policy.
• Actively participate in UAT for new system upgrades and developments, promptly escalating any issues and following through to resolution.
• Adhere to compliance procedures, completing tasks accurately and promptly while integrating learnings from compliance training into daily operations.

Qualifications and Skills:

• A Level (Minimum)
• Self-motivated, well-organised, energetic, flexible, and collaborative.
• Excellent communication skills, both written and verbal, capable of engaging effectively at all levels.
• Strong analytical and problem-solving skills, with exceptional attention to detail.
• A keen awareness of risk and compliance issues.
• Experience with User Acceptance Testing (UAT) and system development.

This role offers an opportunity to be part of a supportive team focused on achieving high standards and maintaining robust controls. If you are enthusiastic about making a significant impact in a reconciliation role within a leading organisation, please apply today!

Pontoon is an employment consultancy. We put expertise, energy, and enthusiasm into improving everyone's chance of being part of the workplace. We respect and appreciate people of all ethnicities, generations, religious beliefs, sexual orientations, gender identities, and more. We do this by showcasing their talents, skills, and unique experience in an inclusive environment that helps them thrive. If you require reasonable adjustments at any stage, please let us know and we will be happy to support you.

Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.

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