You will be working within the Operations team, reporting to the VP, Change and Controls. You will be responsible for managing the people and processes within Reconciliations (currently a team of 7, based in London and Rotterdam). The team is responsible for reconciling over 500 internal and external accounts and completing daily Safeguarding Calculations.
Responsibilities:
Managing the daily processes and team responsible for Vitesse's end-to-end reconciliation process.
Lead, develop and coach the team with a keen focus on engagement and growth.
Assist the team in the delivery of process improvement and controls across the function, ensuring processes are documented and identifying opportunities to reduce risk and increase scalability.
Solving complex issues as they arise to make sure Vitesse’s customers receive the best possible service and record keeping is accurate.
Ensuring key reporting deadlines are met.
Working with both our internal teams & wider banking network, to ensure all reconciliation matters are resolved timely and accurately.
Oversight of daily internal and external e-money reconciliations and associated processes.
Oversight of Safeguarding Calculation and funding requirements.
Performing reconciliation sign offs and subsequent MI and reporting.
Escalate items that present risk to the business and assist in the definition of KRI’s, feeding into Exec reporting.
Ad hoc project work related to reconciliation, including, but not limited to, Product initiatives, Audit, Regulatory responses.
Identify improvements and implement solutions for operations workflow relating to Reconciliations.
Partner with Finance to ensure prompt and accurate month-end reporting, seeking opportunities to improve processes.
Minimum Requirements:
This role would suit someone with experience in team management and reconciliations.
Skills:
2 years direct people management, ideally in Reconciliations
4 years professional experience gained within Financial Services
Strong motivation / engagement skills
Understanding of good escalation practices
Track record of successfully implementing change initiatives
Strong analytical / investigation skills
Accustomed to working in a fast-paced environment
Confidence to work independently but also as part of the wider Operations team
Intermediate Excel skills
Organisational skills
Benefits:
25 days Holiday per year + Bank Holidays
Hybrid working arrangements
Contributory pension scheme
Enhanced Parental leave
Cycle to Work Scheme
Private Medical Insurance through Vitality
Access to Oliva our Mental Health Therapy partners
Discounted Gym membership
Financial Coaching with Octopus Wealth
2 days of volunteering leave per year
Sabbatical after 5 years’ service
Ongoing Learning and Development to support you reach your career goals
We understand that everyone has their own work rhythm and we believe in a flexible working schedule that supports a healthy work/life balance. We offer a hybrid work approach with 2 days in the office.
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