Department / Branch: Operations Department
Reports to: Head and Manager of Operations Department
Employment Type: Permanent / Contract
Location: Scarborough Office
Responsibilities:
- Perform daily reconciliation of Nostro accounts by comparing the Bank’s GL balance withMT950/MT940 statements from correspondent banks.
- Identify and investigate discrepancies, outstanding items, or unmatched transactions.
- Follow up with Financial Control Department, Operations Department, Branches andcorrespondent banks to resolve exceptions.
- Ensure all reconciliation activities comply with internal controls, policies, and audit standards.Support for audits.
- Prepare daily, weekly, and monthly clearing reconciliation reports and clearing business related reports.
- Participate in system enhancement and User. Acceptance Testing projects related to clearing, payments, and reconciliation.
Qualifications:
- Diploma or Bachelor’s degree in Accounting, Finance, Business, or a related field.
- Previous experience in bank reconciliation, clearing operations, or back-office operations within a banking environment is an asset.
- Familiarity with SWIFT message formats (e.g., MT950, MT940, pacs.008, pacs.009).
- Advanced proficiency in Microsoft Excel, including handling large datasets.
- Fluent in spoken and written English; proficiency in Chinese is an asset.
- Experience with core banking or reconciliation systems (e.g., SAP, Oracle) is an asset.
- Knowledge of coding or scripting languages (e.g., Python, SQL, VBA) is an asset, particularly for automation and reporting.
- Ability to work independently and solve problems using knowledge and experience.
- Strong attention to detail and high level of accuracy.
Job Types: Full-time, Permanent, Fixed term contract
Benefits:
- Company pension
- Dental care
- Disability insurance
- Extended health care
- Life insurance
- Paid time off
- Tuition reimbursement
- Vision care
Education:
- Bachelor's Degree (preferred)
Experience:
- bank reconciliation, clearing operations, or operations: 2 years (preferred)
Language:
Work Location: In person
