Reconciliation Analyst Transaction Monitoring

CredPal is a leading financial technology company that offers a comprehensive range of financial solutions including credit cards and investment opportunities to empower individuals. Our mission is to revolutionize access to credit and investment enabling individuals to take charge of their financial wellbeing.

Job Title: Reconciliation Analyst (Transaction Monitoring)

Job Type: Full Time/Hybrid

Level: Junior Mid Level

Purpose Statement:

The Reconciliation Analyst (Transaction Monitoring) will play a crucial role in ensuring the accuracy of our financial records. Your role is to contribute to the financial integrity of our organization by conducting thorough and proactive transaction analyses and ensuring the accuracy of our financial records. Your responsibilities include monitoring financial activities detecting potential irregularities reconciling financial data and ensuring compliance with regulatory standards. Join us in safeguarding the financial wellbeing of our company through vigilant transaction monitoring strategic financial analysis and meticulous reconciliation efforts.

Responsibilities:

• Conduct realtime monitoring of financial transactions to identify and investigate irregularities or suspicious financial activities.
  

• Identify patterns or trends in financial transactions that may indicate fraudulent or highrisk activities.
  

• Implement and adhere to robust procedures for reconciling financial data to ensure accuracy and compliance.
  

• Collaborate with internal teams to validate and rectify discrepancies in financial records.
  

• Utilize advanced reconciliation tools and technologies to streamline and enhance the accuracy of financial reconciliation processes.
  

• Stay updated on regulatory standards and industry best practices related to transaction monitoring and financial reconciliation.
  

• Generate detailed reports on transaction monitoring findings reconciliation outcomes providing insights and recommendation for finance audit & management review.
  

• Implement preventive measures to address potential discrepancies proactively and improve financial accuracy.
  

• Maintain comprehensive documentation of transaction monitoring activities for audit and reporting purposes.
  

• Collaborate with other departments such as audit & internal control and engineering to address identified issues and implement solutions.
  

• Continuously assess and improve transaction monitoring and reconciliation processes to enhance efficiency and effectiveness.
  

Requirements

• Bachelors degree in finance accounting or a related field; advanced degree is a plus.
  

• 3 years of proven experience as a financial reconciliation & transaction monitoring role in a financial institution/ FinTech.
  

• Indepth knowledge of financial reconciliation processes and transaction monitoring best practices.
  

• Proficiency in using Microsoft Excel Google Suite.
  

• Proficiency in using Financial software and reconciliation tools is an added advantage.
  

• Strong analytical skills and attention to detail for identifying and resolving discrepancies.
  

• Familiarity with regulatory standards and compliance requirements in the financial industry.
  

• Effective communication skills for collaborating with crossfunctional teams and documenting findings.
  

• Problemsolving abilities to identify investigate and resolve complex reconciliation and discrepancies in financial transactions issues.
  

• Organizational skills to maintain accurate financial records and documentation.
  

• Continuous learning mindset to stay updated on financial regulations and best practices.
  

• Ethical conduct and integrity when handling sensitive financial data.
  

• Prior experience in financial audits is advantageous.
  

Benefits

• Professional development opportunities.
  

• A collaborative and inclusive work culture that fosters growth and innovation.
  

• Opportunity to work with cuttingedge products and technologies.
  

• Supportive and approachable management team dedicated to your success.