Job DescriptionOur client in the banking industry is looking for a Reconciliation Officer! To oversee accurate and timely reconciliations across all accounts, products, and systems, ensuring the smooth flow of trade transactions. Gain valuable experience in a critical role while streamlining discrepancy resolution.2-month contractQualification and Experience3-4 yearsB Comm or equivalent tertiary level educationTrade Services knowledge, including Back to Backs, Open Account Trade Finance, Risk Participation, Trade Loans, Exchange Control and Escrow accounts.good understanding of the purpose of a reconciliation.Good working knowledge of the mechanics of reconciliationsHigh level ability to work with Excel including Pivot tables.Understanding of Balance Sheet SubstantiationDaily review of Cash and Position reconciliation Management Information dashboardsPrevious experience in a Global Markets Reconciliations area recommendedBuilding and maintaining stakeholder relationships in functions external to the teams at a supervisory levelRoles and ResponsibilitiesDaily reconciliation of Cash Cover, collateral, Call and Margin accountsEnsuring attention to detail when screening of position and cash reconciliations submitted to stakeholders and the timely escalation of any discrepancies as and when they are encounteredThe implementation of processes and controls to ensure that recons that reconciliations sent out to stakeholders are done so in accordance with service level agreementsStrict monitoring and actioning of all internal controlsEnsure satisfactory auditObtain approval on initial and Subsequent Facility Drawdown processesEnsure deals have been approved by the deal committee before requesting authorization from managementEscrow services - review submissions, match agreement to joint instruction, send for approval so that funds can be disbursementEnsure that the deals are executed in line with the deal specific approval and conditions precedent and sent for validation to managementInvestigate and resolve any discrepancies, raising issues to the relevant TMU Specialist and Trade Finance Operations and Global Markets trading deskPreparation of Manual Reconciliation templatesUpdate Control First daily task checklistUpdate daily Management InformationFiling of all reconciliation reports or relevant supporting documentationInvestigating, resolving and responding to any queriesFollow up and resolution of any Internal or External Audit queries