Cash Reconciliation Senior Officer

We are looking for a person to join the Cash Reconciliations Team within the Operations Department working in BNP Paribas (Lisbon) SA. 

The role of the person is to monitor and control the Bank’s nostro account balances by matching the movements between our Banking System and the MT950 Statements received from our external correspondent and custodian banks. 

The person will work with our reconciliation application, Corona/Intellimatch, to analyse pending movements, to match them or attribute them to operational teams, and to continually monitor pending lines (breaks).

Cooperation and respect are important traits within the team. The person will need good communication skills, as s/he will work directly with people from other Operational Services and Departments to resolve breaks.

We seek a person with at least 2/3 years of cash reconciliations experience (or similar) and with good banking knowledge.

Experience level: At least 2/3 years
Business fields: Operations and processes (Cash & Securities), Finance, Reconciliations

DAILY WORK:

• Manage the cash nostro accounts for both cash correspondents and custodian accounts. Monitor the balances and all pending items. Ensure integrity, completeness and remediation of all pending items.
• Manually examine all daily pending items and determine adequate actions:
  • Manually match
  • Identify issue and comment item.
  • Attribute to appropriate team
  • Request booking or correction and close.

• Follow up on all history pending items with team managers
• Produce daily and weekly reporting to operational teams
• Monitor team e-mail database and respond to user queries
• Manage fees and interest received on nostro accounts