Reconciliations Analyst

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HSBC is one of the largest banking and financial services organisations in the world, with operations in 62 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Reconciliation Analyst.

The Opportunity:

The primary role of the position is to undertake daily and monthly operations within the department to agreed level of accuracy and efficiency. The position is responsible in reconciling, monitoring, investigating credit card, ATM, and debit card related GL and suspense accounts reporting to any HSBC entity which include, but is not limited to the following: (1) MasterCard, Visa and JCB, (2) ATM and debit cards settlements (3) Credit cardholder payment. In addition, analyst is also responsible with preparing voucher for ATM settlements.

In this role, you will:

• Review & verify the correctness of information in MasterCard & Visa settlement reports including the fees and charges therein. Prepare the daily settlement to MasterCard, Visa and JCB Card Scheme Association. Ensure that entries to the corresponding income & expense accounts are posted accurately and on time for an accurate MI reporting.
• Daily reconciliation of credit card related GL accounts, Super Cash and Revolving Loan and Credit Cardholder payment.
• Ensure accurate and timely processing of billing invoices from various payment centers, MasterCard, and VISA.
• Maintain and increase knowledge and skills through attendance of training seminars, in-service training sessions and participation in different self-development or career development programs.
• Maintain a level of excellence in process knowledge and quality fundamentals and monitor personal development to ensure that skills are at par with the current market of professional services.
• Contributes in the implementation of the Group Compliance policy locally by containing compliance risk in liaison with the Global Compliance Officer or Local Compliance Officer ensuring adequate compliance resources and training, fostering a compliance culture and optimizing relations with regulators. Maintains HSBC internal control standards, including timely implementation/correction of internal and external audit points together with any issues raised by external regulators. Awareness of Operational Risk associated with the role, in compliance to SOX (Sarbanes-Oxley Requirements) for Group Services Centers (GSCs)

To be successful in this role, you should meet the following requirements:

• Able to work effectively under challenging environment with tight timelines.
• Escalation – ability to recognize when a task should be escalated and following through to ensure management are aware
• Excellent knowledge and understanding of Reconciliation process is an advantage
• Ability to manage good relationships across multiple business lines and onshore counterparts
• Good Management skills and initiate improvements
• Possess knowledge on MS Office with good numerical and analytical skills. 
• Good understanding Cards process  flow
• Broader experience in performing Reconciliation and Substantiation process

Candidate with less relevant experience or skills may be offered a lower Global Career Band than stated above.

Due to the urgent hiring need, candidates with immediate right to work locally and no relocation need will be prioritised.

The chosen candidate for this role will be required to undergo enhanced vetting. Subject to local laws, this will require the individual to satisfactorily pass a series of additional checks as part of the recruitment process and on an ongoing basis, if appointed to the role. HSBC Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are originally completed, and/or if relevant, on an ongoing basis. For more information about the enhanced vetting for this role please contact the recruiter for this role.

You'll achieve more when you join HSBC.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment. Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website.

Issued by HSBC HDPP