Recs & Banking Administrator

Servaada is Wipro's UK entity, authorised by the FCA (the UK financial services regulator) to undertake regulated activities on behalf of its clients, as an outsourced service provider.

The Reconciliation & Banking Team works to ensure Servaada is adhering to client money protection rules. The team undertake daily reconciliations of client money accounts, oversee funding from the Corporate accounts for shortfalls, and process payments off the platform. Also includes completing checks on bank accounts and uploading payment files.

The successful candidate will be key in both delivering team and individual targets within the appointed timescales, and to the highest standards.

As a Recs & Banking Administrator you will receive a competitive salary, a generous benefits package and training & development in areas to help you improve.

• Responsibility for the completion of the core team processes:
• Supporting the company’s on-going CASS adherence
• Daily internal and external client money reconciliations & investigation
• Internal and external custody reconciliations & investigation
• Regulatory returns & claims
• Liaison with third parties such as fund managers and banks
• Nominee and investment manager payment processing
• Cheque processing and banking
• Achieve departmental service level agreements (SLAs) and key performance indicators (KPIs)
• Demonstrate flexibility during periods of high workload, assisting other services when required
• Support the business software infrastructure with user acceptance testing and disaster recovery cycles
• Achieve and actively maintain your skills and knowledge to adhere to the Training and Competence standards
• Work to continually improve business procedures and processes
• Meet all Financial