Reconciliation Specialist

15 hours ago


Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time
Job Title: Recon Analyst Foreign Exchange

Isilumko Staffing (JHB) is seeking a highly skilled Recon Analyst Foreign Exchange to join our team.

Key Responsibilities:
  • Portfolio Management: Control a portfolio of foreign currency, domestic and internal accounts, ensuring all statements have been received and are available on the reconciliation system.
  • Reconciliation: Perform daily reconciliation of the accounts, checking that all data required to perform the reconciliation has been imported into all relevant reconciliation systems.
  • Investigation and Resolution: Conduct a complete and thorough investigation of exceptions, identifying the source of the problem and querying the correct party, and follow up on all exceptions to ensure they are cleared within agreed SLAs.
  • Product Knowledge: Have a thorough knowledge of all foreign currency and domestic trading products, as well as a sound understanding of how the settlement systems for each of these products operate.
  • Risk Management: Be alert to the possibility of fraudulent transactions and ensure that any suspicious items are brought to the attention of senior management immediately.
  • Compliance: Manage risk and costs to contribute to the overall effectiveness of the Bank, and action control reports and checklists daily to ensure that all compliance standards are met.

Requirements: To be successful in this role, you will need to have a strong understanding of foreign exchange and reconciliation processes, as well as excellent analytical and problem-solving skills.

What We Offer: Isilumko Staffing (JHB) offers a competitive salary and benefits package, as well as opportunities for career growth and development.



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