Job Application

Reconciliation & Settlement Supervisor


5168
Experienced (Non-Manager)
Zahraa El Maadi
Full Time
Operations Director
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We are looking for  Senior Reconciliation & Settlement Specialist, that will be responsible for overseeing the reconciliation and settlement processes within a financial institution or organization. will ensure the accuracy and integrity of financial transactions, identify discrepancies, and facilitate timely resolution. The ideal candidate shall has a strong background in reconciliation and settlement operations, excellent analytical skills, and a keen eye for detail.

  • Oversee the reconciliation and settlement processes, including the matching and verification of financial transactions, trade confirmations, and statements.
  • Ensure the accuracy and completeness of reconciliation activities, identifying and resolving discrepancies or exceptions.
  • Collaborate with internal teams, such as Operations, Finance, and Risk Management, to investigate and resolve reconciliation issues.
  • Monitor and evaluate reconciliation controls and procedures, identifying areas for improvement and implementing enhancements.
  • Coordinate with external parties to resolve settlement-related issues, including failed trades, trade breaks, and discrepancies.
  • Monitor and manage the settlement of financial transactions, ensuring timely and accurate processing.
  • Stay up-to-date with industry regulations and best practices related to reconciliation and settlement activities.
  • Prepare and analyze reports related to reconciliation and settlement activities, identifying trends, risks, and opportunities for improvement.
  • Participate in system enhancements or implementations related to reconciliation and settlement processes.
  • Contribute to the development and implementation of policies and procedures to ensure compliance with regulatory requirements.
  • Handling the product configuration from settlement & reconciliation prospective in light of schemes standards.
  • Supporting the Development of settlement and reconciliation tools and interfaces to automate the process of settlement cycles
  • Providing trainings & guiding for the solution settlement and reconciliation processes which include education materials, user guides and demos.
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • Proven experience 4+ years in reconciliation and settlement operations within the financial services industry.
  • Strong knowledge of reconciliation and settlement processes, including the understanding of processing lifecycle, settlement cycles, and payment systems.
  • Proficiency in using reconciliation tools, financial systems, and settlement platforms.
  • Excellent analytical and problem-solving skills, with a meticulous attention to detail.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
  • Proficient in using spreadsheet software (e.g., Microsoft Excel, Google Sheets, SQL ,…) and other relevant tools.
  • Social Insurance.
  • Medical Insurance. 
  • Allowances.
  • Annual Bonus.

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