Reconciliations Analyst

Reconciliations Analyst London, England

Visa
Full Time London, England 38605 - 52500 GBP ANNUAL Today
Job description

Company Description


Fascinated by the future and captivated by technology? Smart, driven and want to make a difference in the world? You will fit right in.

By joining one of our teams at Visa Payments Limited, a division of Visa Inc since 2019, you’ll have an opportunity to shape the payments experience globally. Being part of Visa, the world’s leader in digital payments technology, our mission is to connect the world through the most creative, reliable and secure payment network, enabling individuals, businesses, and economies to thrive.

Visa Payments Limited is a financial technology business that provides cross-border payment processing services to banks and payments businesses across six continents through its global network.

Individuality fuels our brand and our global team – we are proud that we are a talented team of 18,000 individuals with unique backgrounds, perspectives and experiences. Therefore, we understand that you are much more than your day job. We encourage quality of life both within and outside of the office, and whether it is taking advantage of agile work schedules or our wellness programmes, Visa Payments Limited and Visa Inc. respects and encourages meaningful work/life balance for everyone.

If you think you could support the Visa family by joining Visa Payments Limited as a Reconciliations, we want to hear from you.

You're an individual. We're the team for you. Together, let's transform the way the world pays.


Job Description

  • Daily reconciliation of all Network Partner and house bank account statements and VPL’s Admin systems and to ensure the integrity and accuracy of the upload – All items to be cleared same day

  • Reconciliation of transactions in Seg Liquidity/EP Central 250+ accounts – Ensuring no items age without clear resolution plan

  • Investigate un-matched items to resolution, escalating within guidelines and where required, log all non-reconciling items via Email/Salesforce to the relevant department for investigation or correction whilst remaining responsible for effective resolution

  • Collaborate across the VPL business (e.g, Treasury/Payment Operations) to enhance investigation of reconciliation breaks

  • Provide summary of overall reconciliation position daily for senior manager review and regular distribution to other stakeholders (e.g., compliance and risk management) Escalate according to internal agreed deadlines

  • Oversee unapplied/overdue debit processes ensuring same day allocation of unapplied debit and provide approval of unapplied debits/Journals

  • Ensure process documentation is up to date and is updated on an annual basis in line with internal policies

  • Train and support team members in understanding and performing reconciliation procedures, to ensure that errors are understood to prevent reoccurrence.

  • Responsible for KRI monthly reporting to the Risk team

  • Understand safeguarding requirements for Reconciliation and provide update and escalation when required

  • Take the lead on process improvement projects

  • Support the testing of new routes for Network Partner and Clients

  • Delegation for Senior Rec’s manager to cover Monitoring email/Debits approvals and Journals within policy range

  • Ensure adherence to Process and Policies

This is a hybrid position. Hybrid employees can alternate time between both remote and office. Employees in hybrid roles are expected to work from the office 2-3 set days a week (determined by leadership/site), with a general guidepost of being in the office 50% or more of the time based on business needs.


Qualifications

Technical Experience
  • Demonstrate good working knowledge of MS Office suite, particularly MS Excel and Macro
  • Proven ability of high-volume data input skills with appropriate attention to detail is essential
  • Solid exposure and proven ability to exhibit an accurate and systematic approach to bank reconciliation essential
  • Ideally, currently studying an accountancy related qualification
  • Strong investigation background

Skills
  • Organisational skills/ability to prioritise
  • Effective communication skills both written and verbal
  • Understanding and appreciation of procedures and systems
  • Ability to work under pressure, maintaining accuracy whilst achieving timescales
  • Good sense of team spirit and positive attitude
  • A strong ability to resolve reconciliation issues in a timely and accurate manner
  • Able to build strong relationships with other team members and external contacts

Work Experience
  • Demonstrated skills working as a bank reconciliation professional is essential
  • Experience in high volume transaction environment is essential
  • Demonstrated working knowledge and understanding of international payments environment is an advantage
  • 3 - 5 years’ experience within the reconciliation Function

Additional Information


Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Reconciliations Analyst
Visa

https://www.visa.com
Foster City, United States
Ryan Mclenerney
$10+ billion (USD)
10000+ Employees
Company - Public
Information Technology Support Services
1958
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