Financial Reconciliation Specialist
About this role
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One.
As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other.
We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation.
We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do.
Job Description
As a Reconciliation Specialist, you will play a critical role in ensuring the integrity of financial data across our global banking operations. You will be responsible for performing complex reconciliations, investigating discrepancies, and supporting control frameworks that underpin financial reporting and regulatory compliance. This role requires strong analytical skills, attention to detail, and the ability to collaborate across time zones and functions.
Responsibilities
- Daily Tasks:
- Perform bank, ledger, and system reconciliations across multiple entities and currencies.
- Investigate and resolve reconciliation breaks, ensuring timely escalation of exceptions.
- Monitor cash and securities positions to ensure accurate reporting.
- Maintain reconciliation systems and update entries as needed.
- Deliver daily reports on outstanding breaks and risk exposures.
- Weekly Tasks:
- Review aged breaks and coordinate resolution with relevant stakeholders.
- Conduct root cause analysis for recurring issues and propose process improvements.
- Participate in team meetings to discuss reconciliation health and operational risks.
- Support internal control checks and compliance reviews.
- Monthly Tasks:
- Prepare and deliver KPI/KRI reports to senior management.
- Assist with month-end balance sheet substantiation and financial close processes.
- Contribute to process reviews, automation initiatives, and system enhancements.
- Support internal and external audit requests with appropriate documentation.
- Qualifications & Experience:
- Bachelor’s degree in Finance, Accounting, or related field.
- 4+ years of experience in financial reconciliations within banking or financial services.
- Strong understanding of reconciliation systems preferrable (e.g., Blackline, Trintech, Frontier).
- Experience working in a global support model is preferred.
- Proficiency in Excel; knowledge of SQL or data analytics tools is a plus.
- English B2
- Skills & Competencies:
- High attention to detail and accuracy.
- Strong problem-solving and analytical skills.
- Excellent communication and stakeholder management.
- Ability to work independently and manage competing priorities.
- Commitment to continuous improvement and operational excellence.
- Additional information:
- The role offers a hybrid / flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
- This role is a 12‑month fixed‑term contract.