No Experience Reconciliation Officer Job Opportunities – Barclays Bank UK

Job Title:    Reconciliation
Organisation: Barclays
Bank UK
Duty Station: Kampala,
Reports to: Head
of Reconciliations
About Barclays:
Barclays is a
British multinational banking and financial services company headquartered in
London. It is a universal bank with operations in retail, wholesale and
investment banking, as well as wealth management, mortgage lending and credit
cards. It has operations in over 50 countries and territories and has around 48
million customers. As of 31 December 2011, Barclays had total assets of US$2.42
trillion, the seventh-largest of any bank worldwide.
Job Summary:  The Reconciliation Officer will effectively analyse and Cascade to
all business units the Reconciliation Issues of ALL internal accounts within
the bank, with responsibility for Operational and Service management.
Key Duties and Responsibilities: 
Reconciliation/control – 75%-85%
  • Daily review and reconciliation of all
    allocated internal accounts/ GLs and demonstrated control of these
  • Submission of daily MI for all
    reconciled accounts to all stakeholders including the account owners, Head
    of Reconciliation (HOR) and HOO.
  • Follow up for all outstanding items on
    GLs. The outstanding items should comply with business rules.
  • Rectify all errors identified.
  • Circulate daily log (error log) for all
    exceptions indentified.
  • Follow up on reversals of all previous
    day outstanding entries and ensure they are actioned by end of day.
  • Ensure all extracts are reviewed by HOR
    and Account owners on a daily.
  • Prepare and hand in end of month
    extracts by the 2nd day of every month.
  • Attend to all customer complaints and
    queries within 24 hours of receipt of complaint and log all complaints for
    tracking to resolution.
  • Have good understanding of Bank
    procedures, policy and controls requirements and put them to practice.
  • Have good understanding of the various
    payments processes.
  • Deliver high
    reconciliations  accuracy levels that conform to business policy
    and controls  framework
  • Work in partnership with colleagues and
    proactively respond to and seek to exceed the expectations of customers.
  • Attend departmental meetings and
  • Carry out allocated snap checks and RCAs
    within set timelines and ensure no repeat findings amongst issues raised
    for your area.
  • All soft copy registers / logs are
    password protected and backed up on the shared folder on a weekly basis.
  • Proactively identify issues and notify
    the risk team for eventual raising of risk events.
  • All work is accurately processed as per
    the set SLA including queries from BSS team
  • Escalate items in exception as per the
    escalation matrix.
  • Proactively take on any other duties
  • Deligently observe the business rules
    governing the different GLs.
Risk, Governance and Regulatory: “Ensure that all activities and duties are
carried out in full compliance with regulatory requirements, Enterprise Wide
Risk Management Framework and internal Barclays Policies and Policy Standards.
Understand and manage risks and risk events (incidents) relevant to the role.”
Team Working – 15%-25%
  • Build and maintain a close working
    relationship with the entire team.
  • Maintain acceptable control on the SLAs
    and maintain effective communication all the time.
  • Support Management in delivering
    effective coaching of colleagues on best practice.
  • Follow up on exception items using the
    escalation matrix and liaise with business units to resolve outstanding
Key Performance Indicators:
  • No items in exception
  • Timely reporting  to account
    owners through MI and daily activity report
  • No losses as a result of unreconciled

Qualifications, Skills and Experience:
  • The ideal candidates for the Barclays
    Bank UK Reconciliation Officer job placement should hold a University
  • Computer literate
  • Leadership skills
  • Bank accounting & reconciliations
  • Knowledge of the various payment
  • Knowledge of internal accounts
    reconciliation process
  • Knowledge of manual and automatic
    reconciliation process
  • Keyboard skills
  • People Development
  • Customer Service Excellence
  • Drive for results
  • Performance Development
  • Knowledge & Experience
  • Knowledge of  Flex cube system
    and  processes
  • Reconciliation
  • Payments processing (RTGS, EFTs, SWIFT,
  • Bank products
  • Internal & Office accounts
  • Flex cube reports
  • Call over process
  • Good understanding of bank procedures
    and policy
  • Excel
  • Already acquired essentials plus:
  • Business communications
  • Reconciliations
  • In depth knowledge of payments
    processing and Reconciliation process.
  • Performance Development knowledge.
  • Operations Excellence.
  • End of month reporting
How to Apply:
If you feel
challenged by any of the above positions, and believe you can deliver on key
deliverables as outlined above, upload your application letter, current
curriculum vitae and photocopies of academic certificate to our recruitment
website detail below:
Barclays is an equal
opportunity employer that recruits, develops and promotes people on merit, and
rewards outstanding performance, regardless of background and gender.
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