Joint Reconciliation Process

A Team Leader in the banking domain, specifically in Joint Reconciliation Process (JRP) or similar roles, plays a crucial role in overseeing reconciliation processes, managing teams, and ensuring accuracy and efficiency. Here's an overview of the roles and responsibilities:

Roles and Responsibilities

1. Team Management: Supervise and manage a team of reconciliation professionals, providing guidance, coaching, and feedback.

2. Reconciliation Process Oversight: Oversee the reconciliation process, ensuring accuracy, efficiency, and compliance with regulations.

3. Transaction Reconciliation: Manage the reconciliation of transactions, identifying and resolving discrepancies.

4. Reporting and Analysis: Prepare and analyze reports, identifying trends and areas for improvement.

5. Process Improvement: Identify areas for process improvement, implementing changes to increase efficiency and productivity.

6. Stakeholder Management: Interact with stakeholders, including internal teams and external partners.

Experience Needed

1. Reconciliation Experience: Typically 5-7 years of experience in reconciliation, with a strong understanding of financial transactions and reconciliation processes.

2. Banking Operations: Familiarity with banking operations, including payment systems and transaction processing.

3. Analytical Skills: Strong analytical skills, with ability to identify and resolve discrepancies.

4. Leadership Skills: Proven leadership skills, with experience in managing teams and motivating staff.

5.Communication Skills: Excellent communication skills, with ability to interact with stakeholders.

6. Attention to Detail: Strong attention to detail, with ability to identify and correct errors.

Typical Background

1. Banking or Finance: Strong background in banking or finance, with experience in reconciliation or similar roles.

2. Certifications: Relevant certifications, such as Certified Reconciliation Specialist (CRS) or similar.

Milki Bisht| Sr. Recruiter India Business | NLB Services Pvt Ltd |+91 9151206474

Email id – milki.bisht@nlbtech.in