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Suspense & Reconciliation Manager

Sanderson
Posted 11 hours ago, valid for 2 days
Location

Peterborough, Cambridgeshire PE7 3HH, England

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The job involves managing suspense accounts within the main banking system and ensuring accurate transaction processing in compliance with regulatory standards.
  • Candidates should have experience in finance and risk management, particularly in managing suspense accounts and banking reconciliation processes.
  • The role requires collaboration with IT and finance teams to enhance system robustness and reconciliation processes.
  • Leadership skills are essential for guiding teams, including offshore operations, while monitoring SLAs for timely transaction processing.
  • The position offers a salary of $85,000 and requires a minimum of 5 years of relevant experience in finance and risk management.

What you'll be doing

  • Managing suspense accounts within the main banking system, ensuring all transactions are processed accurately and in line with regulatory standards.
  • Overseeing financial risk management by identifying and mitigating discrepancies, ensuring robust control frameworks are in place.
  • Ensuring system robustness, working closely with IT and finance teams to enhance reconciliation processes.
  • Leading and developing teams, including offshore operations, providing guidance and insight into best practices.
  • Monitoring and enforcing SLAs, ensuring timely and compliant transaction processing.
  • Collaborating with internal and external stakeholders to improve operational workflows and reporting.
  • Driving efficiencies and process improvements, ensuring alignment with industry standards and business objectives.

What we're looking for

  • Finance & Risk Expertise - Experience managing suspense accounts, risk controls, and banking reconciliation processes.
  • Operational & Stakeholder Management - Ability to lead teams (including offshore operations) and ensure efficient financial processing.
  • Technical & System Knowledge - Familiarity with financial services systems, main banking platforms, and policy administration.
  • Process Improvement Mindset - Strong analytical skills with a focus on enhancing efficiency and control mechanisms.
  • Strong Communication & Leadership - Ability to engage with teams, provide insights, and drive financial operations forward

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.