Asset Reconciliation Officer (3 Month FTC)

# of Openings
Operations (OPS)
Position Type
Permanent Full-Time

Role Description

Reconciling custody records ensuring they are accurate; identifying where any differences arise between records and owning the E-E process for timely resolution.


Role Responsibilities: 

  • To monitor investment holdings and transactions and the receipt of manual/electronic holdings and transaction statements from brokers and fund managers.
  • To investigate variances/breaks from reconciliations.
  • To ensure that all breaks are resolved and cleared within a given timeframe.
  • To reconcile individual clients in a short position and ensure this is rectified in a timely manner.
  • To cross-train on all other mutual funds and equity processes to provide leavhttps://fnz.icims.com/icims2/servlet/icims2?module=AppJob&action=jobEdit&id=2581&tab=RQ_DESCRIPTION&hashed=1330116248#!e cover as and when required.
  • To update Managed Funds and Equities procedures in accordance with any changes to process
  • To maintain and develop Broker, Custodian, Plan Manager and External Fund Managers relationships in order to assist with identifying discrepancies.
  • To raise issues with the Institutional Client, internal FNZ teams and External Fund Managers depending on where the error lies for them to resolve reconciling differences.

Core Attributes:

  • Accuracy; to ensure that completion of daily/weekly/monthly tasks are true and accurate. Within the Asset Reconciliations team we primarily use Excel and it is important that the difference Excels are all kept up to date with relevant information.
  • Problem solving; effectively and efficiently resolve breaks to full resolution in line with client and regulatory expectations.
  • Efficiency; to ensure that completion of daily/weekly/monthly tasks are executed in a timely manner and deadlines are met. We have various deadlines within the team.
  • Effective communication; to ensure that information is communicated effectively to necessary parties and to follow the agreed escalation process in a timely manner for purpose of rapid resolution of breaks.
  • Record keeping; to maintain records as required to ensure that team processes are transparent to regulators and external auditors regarding reconciliation recording.
  • Procedures; contribute to and maintain relevant and robust documented procedures.
  • Information Systems; to make effective use of the Company’s information systems that are relevant to the role.
  • Planning; to prioritise the work to ensure all activities are completed on time and within agreed deadlines.
  • CPD; develop, track and evidence professional and technical knowledge and skills via training and development in order to meet Continuing Professional Development (CPD) requirements as outlined in the T&D Framework.
  • Other tasks; to undertake any other projects/ tasks as may reasonably be required to facilitate the smooth operation of the company.
  • This role is in scope for activities which have a direct impact on CASS processing which takes place within FNZ for FNZ and/or FNZ’s clients. This role has a requirement to remain up to date with CASS developments and changes as communicated with FNZ

Experience Required

  • Graduate or equivalent experience.
  • Strong communication skills and able to work in a fast-paced environment.
  • FS Industry recognised qualifications: IOC, Investment Certificate or CFA or working towards – desirable.
  • Product knowledge (Mutual Funds/Equities), Crest Experience and a working knowledge of CASS rules – desirable.


  • Be part of a highly successful, rapidly growing, global business that is leading the delivery of financial services via cloud computing and partners with some of the world’s largest companies;
  • Remuneration and career advancement is based on individual contribution and business impact rather than tenure or seniority;
  • We provide significant financial rewards for high performing individuals; and
  • We provide global career opportunities for our best employees at any of our offices in the UK, Czech Republic, Australia or New Zealand.

About FNZ

FNZ is a global financial technology and asset servicing provider which powers the wealth management, administration and custodian platforms for some of the world's leading financial institutions. These customers include life insurers, retail and private banks, asset and wealth managers and financial adviser groups based across the UK, Europe, Asia, Australia and New Zealand.


We believe that enhancing client engagement, lowering costs, delivering a seamless service and enabling personal solutions are key to helping people achieve their financial goals. We partner with major financial institutions to enable them to provide wealth management services to their clients across direct, intermediated and workplace channels that reflect these principles.


We develop long-term partnerships with our customers to enable them to get to market quickly with a market-leading digital proposition, transform their customer service offering and grow assets under management across multiple distribution channels.


Our customers include AMP, ANZ, Aviva, AXA Wealth, Bank of New Zealand, Fideuram Vita, HSBC, Mercer, National Australia Bank, HSBC, Santander, Santander Asset Management, Standard Life, UBS and Zurich.  In all we partner with 42 institutional customers worldwide. 


FNZ employs over 1,000 people with offices in Edinburgh, London, Bristol, Brno (Czech Republic), Shanghai, Hong Kong, Singapore, Sydney, Melbourne and Wellington.


Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed