Overview:
As a Reconciliations Oversight Administrator, you will be based on a hybrid basis from our city centre location in Leeds. This means you’ll need to be within a commutable distance of the office to ensure you can be with your team each week.
You will provide oversight of cash and stock reconciliations being performed by the teams in Mumbai and the completion of reconciliations by the UK team.
The role involves query management and escalation, ensuring any issues identified on the reconciliations are recorded and assigned to the relevant operational team for resolution in a timely manner
You’ll get the chance to follow your chosen career path anywhere in MUFG Pension & Market Services, joining a network of experienced, innovative and dedicated individuals across multiple teams and countries. There are numerous opportunities to learn new skills and develop in your career with the support you need to succeed.
Benefits:
26 days annual leave, plus a wellbeing day, a volunteer day, bank holidays and the opportunity to buy up to 5 days’ extra each year
Health, wellbeing and lifestyle rewards that can be tailored to support you and your family. Everything from: Employee Assistance Programme; Discounts on retail and socialising; Travel and technology; cycle2work scheme; A host of gym and fitness subscriptions; Car Salary Sacrifice scheme
Appreciate programme: Employee recognition programme
Company Pension Scheme
Medical insurance
Life Assurance
Paid Maternity, Paternity, Adoption Leave, Shared Parental Leave
What you need:
As with any role, we want to find the right person and we want to make sure you know it’s the right role for you too. You will need:
• Demonstrable experience of performing cash and stock reconciliations
• Excellent knowledge of Excel imperative, with knowledge of ACCURATE, MSL, PRISM and SHAREMASTER preferred
• Exceptional attention to detail, along with data analysis and investigation skills
• Excellent verbal and written communication skills with an ability to explain complex technical processes to a wider audience, including through training and feedback
• Knowledge of Share Registration, Corporate Actions and Share Plans (SIP & SAYE) would be beneficial, as would knowledge of the relevant FCA regulations and escalation process
• If you understand CASS rules and how to apply them to both stock and cash reconciliations, that would be beneficial, but training will be provided if you do know have this knowledge
Day to Day, you will:
• Ensure reconciliations are completed within the agreed timescales, adhering to applicable CASS rules where necessary
• Act as a point of escalation for queries from the team in Mumbai, ensuring you respond in a timely manner
• Manage the workflow of all UK daily, weekly and monthly reconciliations and reporting, ensuring that queries and exceptions are highlighted and raised with the respective business areas so issues are addressed and resolved and downtime processes are not impacted
• Prepare and perform reviews on periodic Stock and Cash reconciliations, which will include feedback to the team and subsequent reporting
• Review working practices to identify any areas for improvement
• Ensure procedures are maintained and up to date, undertaking a review at least annually and when changes to working practices occur
• Ensure all regulatory CASS requirements are met, including internal and external reconciliations, break resolution and funding shortfalls
• Riase any issues as Incident Reports in a timely manner, carrying our root cause analysis to prevent recurrence
• Monitor Group email inboxes for reallocation, callbacks and escalations
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs