Control and Reconciliation Associate

Montreal - Canada

Monthly Salary: $ 90 - 95

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

Are you a detail-oriented banking professional who enjoys problem-solving and ensuring data integrity across complex systems Join a leading global financial institution as a Control and Reconciliation Associate where youll play a key role in maintaining accuracy and compliance within critical financial operations.

About the Role

As a Senior Associate within the Control and Reconciliation team you will be responsible for ensuring accurate and consistent data across the organizations systems of record. Youll perform key reconciliations (Front Office to Back Office Borrower-in-Custody Nostro/Wash Accounts Ledger to Sub-ledger and others) investigate exceptions and provide insightful reporting to senior management.
This role requires strong analytical skills attention to detail and a solid understanding of banking operations and reconciliation processes.

Key Responsibilities

Perform daily reconciliations of foreign internal subsidiaries funds transfer loan wash and syndication accounts using reconciliation tools.
Monitor exception reports and coordinate with operations teams to resolve outstanding items promptly.
Prepare monthly certifications dashboards and management reports highlighting key metrics and exceptions.
Investigate unresolved items on Nostro and suspense accounts escalating issues as required.
Support the preparation of monthly KRI dashboards and provide data for management reporting.
Collaborate with Treasury and other departments to ensure timely resolution of aged and foreign currency reconciliation items.
Serve as a liaison between global branches and operations teams to resolve discrepancies and answer inquiries related to operational procedures.
Assist with systems upgrades audits and process improvement initiatives.
Provide backup support to other team members as needed.

Skills & Competencies

Strong attention to detail and accuracy.
Excellent analytical and time management skills.
Proficiency in MS Word and Excel; experience with database tools such as MS Access is an asset.
Solid understanding of accounting principles and reconciliation best practices.
Experience using reconciliation and loan accounting systems (e.g. Intellimatch ACBS or similar).
Excellent communication and interpersonal skills; able to collaborate effectively across teams and geographies.
A proactive solutions-oriented mindset with a sense of urgency and accountability.

Education & Experience

Bachelors degree in Finance Accounting or a related field.
25 years of experience in commercial banking operations preferably within a control reconciliation or accounting unit.

Required Experience:

About the Role

Key Responsibilities

Perform daily reconciliations of foreign internal subsidiaries funds transfer loan wash and syndication accounts using reconciliation tools.
Monitor exception reports and coordinate with operations teams to resolve outstanding items promptly.
Prepare monthly certifications dashboards and management reports highlighting key metrics and exceptions.
Investigate unresolved items on Nostro and suspense accounts escalating issues as required.
Support the preparation of monthly KRI dashboards and provide data for management reporting.
Collaborate with Treasury and other departments to ensure timely resolution of aged and foreign currency reconciliation items.
Serve as a liaison between global branches and operations teams to resolve discrepancies and answer inquiries related to operational procedures.
Assist with systems upgrades audits and process improvement initiatives.
Provide backup support to other team members as needed.

Skills & Competencies

Strong attention to detail and accuracy.
Excellent analytical and time management skills.
Proficiency in MS Word and Excel; experience with database tools such as MS Access is an asset.
Solid understanding of accounting principles and reconciliation best practices.
Experience using reconciliation and loan accounting systems (e.g. Intellimatch ACBS or similar).
Excellent communication and interpersonal skills; able to collaborate effectively across teams and geographies.
A proactive solutions-oriented mindset with a sense of urgency and accountability.

Education & Experience

Bachelors degree in Finance Accounting or a related field.
25 years of experience in commercial banking operations preferably within a control reconciliation or accounting unit.

Required Experience: