Officer, Reconciliation

2 days ago


Bengaluru Karnataka, India Standard Chartered Full time

Job ID: 34911

Location: Bangalore, IN

Area of interest: Operations

Job type: Regular Employee

Work style: Hybrid Working

Opening date: 17 Sept 2025

**Job Summary**

**Processes**
- To handle account reconciliation activities covering.
- Nostro account reconciliations
- Internal/ GL account (suspense and sundry) reconciliations,
- Trade/Stock and Position reconciliations,
- Credit Card, ATM, retail branch banking reconciliations- Handle customer queries and correspondence (both internal and external) and maintain effective working relationships with all departments, country and internal stakeholders including technology teams.
- Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA / reconciliation matrix, DOIs. Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation break with clear articulation of the requirement and attention from them is a must.
- Actively look for opportunities to standardize processes and assist TLs and Managers in process mapping and automation / improvement efforts.

**Key Responsibilities**

**Strategy**
- Work in line with Group Strategy

**Business**
- Support the unit in achieving the common goals

**Processes**
- Learn and manage system changes without any impact post production

**Risk Management**
- Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable.
- Actively assess risks and potential failure points in the processes handled and help highlight the areas to line managers and risk teams
- Comply with all applicable rules / regulations and Company & Group Policies.
- Ensure adherence to all SLAs and proper updation of all logs such as TAT, system downtime, errors and exceptions log.
- Assist in carrying out BCP tests.
- Assist in Department & Group related projects.

**Regulatory & Business Conduct**
- Display exemplary conduct and live by the Group’s Values and Code of Conduct.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
- Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Serve as a Director of the Board
- Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

**Key stakeholders**
- GBS Units and Country Counterparts

**Skills and Experience**
- Business Analysis
- Cash recon knowledge
- Trade & Position recon knowledge
- FM Product knowledge (i.e., FX, Money Market, Derivatives)
- TLM Knowledge
- Presentation skills

**Qualifications**
- Graduates/ Post graduates**About Standard Chartered**
- We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.- Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.- Together we:
- **Do the right thing** and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- **Never settle,** continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- **Are better together,** we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

**What we offer**

**In line with our Fair Pay Charter,** we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.- **Core bank funding for retirement savings, medical and life insurance,** with flexible and voluntary benefits available in some locations.
- **Time-off** including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
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