Job Description
About Servaada, a Wipro company:
Servaada is Wipro's UK entity, authorised by the FCA (the UK financial services regulator) to undertake regulated activities on behalf of its clients, as an outsourced service provider.
About the Role:
Two fixed-term contracts are available: one for 6 months and another for 12 months, offering work experience within a team.
The Reconciliation & Banking Team works to ensure Servaada is adhering to client money protection rules. The team undertake daily reconciliations of client money accounts, oversee funding from the Corporate accounts for shortfalls, and process payments off the platform. Also includes completing checks on bank accounts and uploading payment files.
The successful candidate will be key in both delivering team and individual targets within the appointed timescales, and to the highest standards.
Key Responsibilities:
1. Responsibility for the completion of the core team processes
2. Supporting the company’s on-going CASS adherence
3. Daily internal and external client money reconciliations & investigation
4. Internal and external custody reconciliations & investigation
5. Regulatory returns & claims
6. Liaison with third parties such ...