Junior Treasury and Bank Reconciliation Officer
At a glance
Junior Treasury role at Ballinger Group. London · full-time.
Pay not stated Treasury salary
financeroles summary, based on the employer's posting.
What you'll do
- Reconcile bank, safeguarding, settlement and operational accounts across firms, currencies and payment flows
- Trace unmatched transactions between the payments platform, bank statements and liquidity provider records, then resolve discrepancies
- Keep reconciliation logs, ageing reports and audit evidence ready for controls, audits and regulatory reviews
- Prepare cash-position, treasury and reconciliation reports, and raise unresolved items or operational risks promptly
- Support client-fund segregation, month-end close, process improvements and onboarding of accounts or payment methods
What you bring
- Two to five years in regulated financial services, such as a PSP, EMI, bank or fintech
- Hands-on experience completing daily bank and safeguarding reconciliations across multiple bank accounts
- Knowledge of treasury operations and client-money segregation, with familiarity with PSP or EMI payment flows
- Experience using accounting systems and reconciliation tools
Who this fits
This junior role suits someone detail-focused who can work independently, manage competing priorities and communicate issues clearly. You’ll work onsite in London.
From the employer
The Junior Treasury & Bank Reconciliation Officer will be responsible for
performing daily and monthly reconciliations of bank accounts, safeguarding
accounts, and payment flows for all the firms within the Ballinger Group. The
role ensures accuracy of financial records, timely identification of
discrepancies, and compliance with FCA and MFSA regulatory requirements,
including safeguarding of client funds.
A successful candidate is expected to have knowledge of, and an interest in,
Group treasury management operations.
Key Responsibilities:
Bank & Payment Reconciliations
Perform daily, weekly, and monthly bank reconciliations across multiple
currencies and Firms.
Reconcile client funds, safeguarding accounts, settlement accounts, and
operational accounts
Reconcile transaction flows between:
o Core payments platform
o Bank statements
o Liquidity Providers statements
Investigate and resolve discrepancies and unmatched transactions in a
timely manner
Maintain reconciliation logs, ageing reports, and audit trails
Safeguarding & Regulatory Compliance
Support client money safeguarding reconciliations in line with relevant
regulatory requirements. Assist in monitoring segregation of client
funds from company funds
Prepare reconciliation evidence for internal controls, audits, and
regulatory reviews
Support external auditors and regulators with documentation and
explanations
Reporting & Controls
Produce daily and monthly reconciliation reports for management
Produce daily treasury and cash flow reports.
Escalate unresolved items and operational risks promptly
Support improvements to reconciliation processes and controls
Assist with month-end close activities
Produce daily cash position reports
Maintenance client and counterparty margin logs and reporting
Stakeholder Collaboration
Liaise with:
o Operations teams
o Finance Teams
o Compliance and Risk teams
Support onboarding of new bank accounts, Liquidity Providers, or
payment methods from a reconciliation perspective
Key Skills & Competencies
Technical Skills
Strong experience in bank and payment reconciliations
Understanding of PSP / EMI transaction flows (SEPA, Faster Payments,
SWIFT etc.)
Multi-currency reconciliation experience
Experience with accounting systems and reconciliation tools
Regulatory & Industry Knowledge
Knowledge of EMI/PSP regulatory requirements
Understanding of client money concepts and segregation
Soft Skills
High attention to detail and accuracy
Strong analytical and problem-solving skills
Ability to work under tight deadlines
Clear communication and escalation skills
Strong sense of ownership and accountability
Experience & Qualifications
Essential
2–5 years’ experience in a regulated financial services environment
(PSP, EMI, bank, fintech)
Proven experience performing daily bank and safeguarding
reconciliations
Experience working with multiple bank accounts
Knowledge of treasury management operations.
Desirable
Experience in both UK and EU regulated environments
Knowledge of accounting standards relevant to financial institutions
Part-qualified or studying towards ACCA, CIMA, or equivalent
Skills and Attributes:
High level of technical aptitude and process orientation.
Proactive and self-motivated, with the ability to work independently in a
part-time capacity.
Strong organisational skills and ability to manage multiple priorities
effectively.
Professional integrity and reliability