Reconciliations Manager

  • Competative
  • London, England, United Kingdom
  • Permanent, Full time
  • Zopa
  • 09 Aug 17

As part of our expansion, we are currently looking for a Reconciliations Manager to lead the Reconciliations Team; ensuring efficient and compliant management of all control accounts and client funds.

At Zopa, we’re shaping the future of finance.

We offer simple loans and smart investments that help people take control of their finances and do more with their money. In the 12 years, we’ve been in business, we’ve helped more than 60,000 people lend over £2 billion to 246,000 UK consumers.

And our journey’s only just beginning. In November 2016 we announced our plans to build a next generation bank so that we can bring a greater range of smart, ethical finance products to even more people.

As part of our expansion, we are currently looking for a Reconciliations Manager to lead the Reconciliations Team; ensuring efficient and compliant management of all control accounts and client funds.

This person will be ultimately responsible for the reconciliations team but will also include;

  • Providing the team with training and leadership
  • Overseeing the responsibilities of the team, including producing daily reconciliations, following breach protocol and regulatory reporting
  • Proactive identification and management of any regulatory risks
  • Oversee and compile reporting for internal committees and external clients
  • Represent reconciliation requirements in wider business projects
  • Own the CASS resolution pack and ensure it is kept in line with changing processes and regulations
  • Work with internal stakeholders to design best in class processes
  • Assist in audit work where required

Requirements:

  • A solid understanding of double entry accounting
  • At least 2 years’ experience leading a team
  • 3+ year experience in dealing with cash and large volume and value payments
  • A working knowledge of CASS and regulatory requirements
  • Good general systems knowledge, including excellent Excel skills
  • Highly numerate and analytical with the ability to sort through high volumes of data
  • Excellent attention to detail, whilst an ability to connect the detail with the wider context
  • Great communication skills and an ability to confidently interact with a range of people
  • Proven people management skills, showing the ability to get the best out of people
  • Experience in a variety of payment types – CHAPS, Direct Debits, Debit Cards etc. and familiarity with the banking system
  • Ability to challenge processes, seeking to understand and implement operational solutions

Most importantly;

  • Very responsible and sensible! We need to trust you with important data and accounts
  • Customer service focused and awareness of the ownership of the money – i.e. it belongs to our clients not us
  • Personable and team focused