• Application Deadline:
• Position: Reconciliation Analyst (Transaction Monitoring)


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 3 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

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 well-being of our company through vigilant transaction monitoring, strategic financial analysis, and meticulous reconciliation efforts.

Responsibilities:

• Conduct real-time 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 high-risk 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.


• In-depth 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 cross-functional teams and documenting findings.


• Problem-solving 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.