Senior Regulated Reconciliations Analyst, Edinburgh, Hybrid
Summary of the role
A FCA regulated life & pensions service provider are seeking a dedicated professional to join the company, as a Senior Regulated Reconciliation Analyst. They are looking for someone who will key all incoming monies correctly into BaNCS or RUFUS, properly record all cheques received on the core system (BaNCS or RUFUS), process all outgoing manual payments, and validate and approve all automated payments.
What you'll be doing
1. Key all incoming monies correctly into BaNCS or RUFUS within agreed SLAs and minimising any regulatory breaches.
2. Support more junior members of the Team with this activity providing guidance and training where required.
3. Properly record all cheques received on the core system (BaNCS or RUFUS), update the safe log and ensure cheques are properly safeguarded until they reach the appropriate bank in accordance with CASS 7.
4. Process all outgoing manual payments (CHAPS &Foreign Transfers) to our longstanding customers with accuracy ensuring appropriate sign-off has been obtained. Ensure full compliance with the CASS regulations.
5. Validate and approve that all automated payments are approved with the correct dates and that the underlying information matches system reports by ensuring correct dates are keyed for direct debit collections and...