Performs daily reconciliation across banking products, payment channels, settlement and suspense accounts, and internal systems. Investigates unmatched transactions, monitors ageing exceptions, prepares MIS and exception reports, maintains audit evidence and control documentation, and coordinates with Finance, Operations, Technology, and business stakeholders to resolve outstanding items within SLAs. Identifies high-risk exceptions, potential losses, and amount-at-risk items while supporting audits and compliance reviews.
Responsible for performing daily reconciliation activities across banking products, payment channels, settlement accounts, suspense accounts and internal operating systems. Ensures completeness and accuracy of transactions, identification of breaks, maintenance of evidence, compliance with control standards, audit readiness and timely resolution of outstanding items to minimize operational and financial risk.
Responsibilities- Perform daily reconciliation between CBS, GL, settlement and source systems.
- Identify and investigate unmatched transactions.
- Monitor suspense accounts.
- Prepare exception reports.
- Coordinate with Finance, Operations and Technology teams.
- Support audits and compliance reviews.
- Escalate ageing breaks.
- Maintain documentation and controls.
- Review and track open items, ageing exceptions, debit/credit balances, and unidentified entries.
- Coordinate with Business, Operations, Finance, Technology, and other stakeholders for timely closure of reconciliation exceptions.
- Follow up on outstanding items and ensure closure within agreed turnaround times and SLAs.
- Identify and report high-risk exceptions, potential losses, and Amount at Risk (AAR) items.
- Maintain reconciliation records, supporting documents, certifications, and audit evidence.
- Prepare MIS reports, exception reports, dashboard inputs, and reconciliation certifications.
Experience Range: 1 to 4 years
Qualifications:
B.Com / BBA / Finance
Banking Operations Certification (Preferred)
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