Job Description
As a Reconciliation Specialist, you will play a critical role in ensuring the integrity of financial data across our global banking operations. You will be responsible for performing complex reconciliations, investigating discrepancies, and supporting control frameworks that underpin financial reporting and regulatory compliance. This role requires strong analytical skills, attention to detail, and the ability to collaborate across time zones and functions.
Key Responsibilities
Daily Tasks
Perform bank, ledger, and system reconciliations across multiple entities and currencies.
Investigate and resolve reconciliation breaks, ensuring timely escalation of exceptions.
Monitor cash and securities positions to ensure accurate reporting.
Maintain reconciliation systems and update entries as needed.
Deliver daily reports on outstanding breaks and risk exposures.
Weekly Tasks
Review aged breaks and coordinate resolution with relevant stakeholders.
Conduct root cause analysis for recurring issues and propose process improvements.
Participate in team meetings to discuss reconciliation health and operational risks.
Support internal control checks and compliance reviews.
Monthly Tasks
Prepare and deliver KPI/KRI reports to senior management.
Assist with month‑end balance sheet substantiation and financial close processes.
Contribute to process reviews, automation initiatives, and system enhancements.
Support internal and external audit requests with appropriate documentation.
Qualifications & Experience
Bachelor’s degree in Finance, Accounting, or related field.
4+ years of experience in financial reconciliations within banking or financial services.
Strong understanding of reconciliation systems preferred (e.g., Blackline, Trintech, Frontier).
Experience working in a global support model is preferred.
Proficiency in Excel; knowledge of SQL or data analytics tools is a plus.
English B2 proficiency.
Skills & Competencies
High attention to detail and accuracy.
Strong problem‑solving and analytical skills.
Excellent communication and stakeholder management.
Ability to work independently and manage competing priorities.
Commitment to continuous improvement and operational excellence.
Additional Information
The role offers a hybrid / flexible schedule, with an in‑office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
This role is a 12‑month fixed‑term contract.
Accessibility
We are committed to providing an inclusive and accessible recruitment experience. If you need adjustments at any stage of the application or hiring process, please contact your recruiter for guidance and support.
Total Rewards
U.S. Bank is committed to fair, equitable, and transparent compensation practices in line with local regulatory and legal requirements. Our total rewards approach is designed to attract, retain, and support top talent while ensuring equal pay for work of equal value.
We offer a market‑competitive compensation package that includes:
Clearly defined salary ranges aligned with industry benchmarks and internal equity standards.
Performance‑based incentives for eligible employees (as defined by relevant plan rules), awarded through transparent, objective criteria that recognize both individual and company performance.
Inclusive equitable benefits that are accessible to all employees and focused around our 3 main pillars of financial wellbeing, health & wellness.
Continuous development opportunities including training, education support, and career progression pathways based on inclusive and transparent criteria.
Employee recognition programs that celebrate achievements and milestones for all.
Closing Date
Posting may be closed earlier due to high volume of applicants.
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