Job Description

The position is responsible for the following:

• Leading a team of Reconciliation Operations of 22 consist of Bank, Nostro, Balance Checking /Intersystem Account and Manual Reconciliation on bankwide basis.
• Good understanding of business and banking operations and strong in stakeholder management.
• Perform full overview and analysis on bankwide GLs closing balances.
• Developing good analytics to provide operational insights to the operations of the bank and plan to verify the appropriateness of reconciliation prepared by Recon owners
• Close monitoring and immediate escalation on all outstanding items with respective BU for resolution and provide solutions and support bankwide remediation programmes.
• Conduct review with the teams on variances/unreconciled GL balances on daiy/weekly basis through daily and Month-on-month variance analysis.
• Troubleshooting resolution of open items on items raised by reconciliation teams both in Level 1 and Level 2 line-of-defence reconciliation functions.
• Co-ordinate the details required to Reconciliation - Monitoring & Reporting pillar on any open items and resolutions progress to develop the dashboard monitoring reports.
• Work closely with the Reconciliation Chart Of Account team to ensure the system GL set up with appropriate accounting treatment as per Business Units/Enablers\xe2\x80\x99 requirements.
• Attend concall/discussion/meeting with Business Owner for better understanding on the end-to-end process and business operations, review all required reports and quality of resolution provided by action owner in relevant committee review.
• Review and update reconciliation policy and procedures, guiding principles and process flow of each GL account.
• Carry on team audit and review on operations tasks performed by the team as per RCSA and CET compliance requirements.
• Update team with latest updates and knowlegde whenever required.
• Attend to matters of internal/external audit and any other audit (regulator)
• Support all remediation programmes required by the Bank whenever necessary
• Other ad-hoc matters assigned.