Job Description

The Treasury Reconciliation Analyst is responsible for performing daily bank and treasury reconciliations within a regulated environment, ensuring accurate and timely identification, investigation, and resolution of reconciliation breaks. The role supports regulatory and client requirements by maintaining strong controls, meeting defined SLAs, and escalating issues in line with established procedures.
The role operates in APAC/EMEA shift and works closely with internal stakeholders to support high standards of service delivery, risk management, and operational accuracy.

Key Accountabilities and main responsibilities
Strategic Focus

• Maintain a strong understanding of regulatory, procedural, and client specific requirements applicable to treasury and reconciliation activities.
• Actively identify opportunities for process improvement that enhance efficiency, control effectiveness, and overall customer experience
• Demonstrate strong ownership of assigned activities, ensuring individual performance objectives and service standards are consistently achieved.
• Contribute to the effective delivery of treasury and regulated reconciliations by ensuring accuracy, timeliness, and adherence to defined processes and controls.

Operational Management

• Perform daily/monthly bank reconciliations for multiple accounts across regions in line with defined SLAs
• Identify, investigate, and resolve reconciling items including unapplied cash, timing differences, and posting errors
• Answer queries from our internal customers and relevant departments within the business
• Log all exceptions in relevant systems and escalate unresolved, aged, or high risk items in accordance with the escalation matrix.
• Maintain reconciliation control sheets and circulate them to relevant business areas for confirmation and sign off.
• Ensure that all regulatory CASS requirements are met (e.g. internal & external reconciliations, break resolution, funding shortfalls etc.)
• Prepare and support daily and monthly MI and reconciliation reporting
• Participate as a positive member of the team and maintain good working relationships with colleagues, including cooperating with others to achieve the team’s goals, providing support and assisting other teams across the business as required
• Help with preparation of correspondence, presentations, reporting as per business requirements.
• Understanding compliance and adhere to all legislative, procedural, industry, financial and client specific procedures, where relevant, to minimise risk and escalate non-adherence as per the escalation matrix.
• Identify opportunities for process improvements that positively impact efficiencies and customer experience
• Provide superior service, ensuring service and quality standards are met and to minimise re-work
• Continuously review and question existing workflows to identify gaps and opportunities for improvement.
• Introduce fresh ideas and innovative approaches based on expertise and industry best practices.
• Collaborate with stakeholders to implement changes that improve productivity and quality.
• Monitor bank reconciliation dashboards and exception reports to identify trends, root causes, and recurring breaks.
• Liaise with internal stakeholders, counterparties, and bank to resolve outstanding reconciliation breaks

People Leadership
NA

Governance & Risk

• Maintain a high level of accuracy across all reconciliation and reporting activities.
• Adhere to all internal controls, escalation procedures, and quality standards.
• Demonstrate strong risk awareness by promptly escalating reconciliation anomalies, control breaches, or potential regulatory concerns.
• Support audit readiness by ensuring documentation, controls, and evidence requirements are met at all times.
• Minimise rework and operational risk by following defined processes and contributing to corrective and preventive actions.

Experience & Personal Attributes

• 3 to 5 year’s experience in Financial / Capital Markets, reconciliation background being the key area.
• A Bachelors or master’s degree in business Or Finance or Banking related discipline from a reputed College/University.
• Working knowledge of Microsoft Office programs (Outlook, Word, Excel, PPT)
• Good communication skills – both written and oral
• Strong attention to detail, ensuring tasks are completed accurately the first time with minimal errors or rework.
• Strong numerical and literacy skills
• Good time management skills with the ability to meet tight deadlines and follow define processes.
• Ability to maintain a high degree of accuracy and attention to detail.
• Demonstrates awareness of good customer service
• Ability to work effectively as part of a team and under supervision, with a willingness to support peers and take on additional tasks when required.
• Demonstrates willingness for self-improvement and professional development

MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.

Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.

A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.