Job Summary Table of Reconciliation Administrator

Job Description Summary 📝

The Reconciliation Administrator role at Quintet Private Bank focuses on processing cash and securities reconciliation while maintaining strong risk awareness. This position offers an excellent opportunity for individuals looking to start their career in banking operations with one of Europe’s leading private banks.

Responsibilities 📊

• Perform daily reconciliation of dedicated cash and securities accounts
• Analyze holding discrepancies and allocate outstanding items to concerned business entities
• Monitor and report cash and securities discrepancies promptly
• Develop and maintain relationships with internal clients and external counterparties
• Participate in physical reconciliation tasks for precious metals and physical shares
• Create and update operations guidelines within the business area
• Contribute to continuous improvement processes in the Reconciliation Department
• Ensure timely escalation of discrepancies to management when necessary

Benefits and Perks 🌟

• Career development opportunities across 50 European and UK locations
• Professional growth through various resources and programs
• Collaborative work environment
• International exposure in the banking sector
• Equal access to opportunities
• Inclusive company culture

Company Overview 🏢

Quintet Private Bank is a distinguished private bank in the wealth management sector, serving clients and their families across Europe. With fewer than 2,000 employees spread across 50 locations in Europe and the UK, the bank maintains a personal touch while delivering exceptional service. Their commitment to being the most trusted fiduciary of family wealth sets them apart in the industry.

Company Culture 🤝

The bank values diversity, collaboration, and inclusiveness. Employees are encouraged to take pride in being part of an organization committed to doing the right thing. The culture promotes personal and professional development through various resources and programs.

Career Growth Opportunities 📈

• Internal mobility across European locations
• Professional development programs
• Skill enhancement opportunities
• Mentorship programs
• Cross-functional project exposure

Diversity, Equity, Inclusion, and Belonging 🌍

Quintet Private Bank is committed to fostering a diverse and inclusive workplace where all employees can thrive. The bank values different backgrounds and perspectives, ensuring equal access to opportunities for all team members.

Remote Work Policy 🏠

This position is based on-site at the Luxembourg office. The company maintains a traditional office-based work environment for this role due to the nature of banking operations and security requirements.

Application Process 📋

1. Submit your application through the official job portal
2. Complete initial screening process
3. Participate in interviews with the hiring team
4. Undergo background checks if selected
5. Receive final offer and onboarding information

Required Qualifications 📚

• Bachelor’s Degree in Finance, Economics, or similar field
• Less than 5 years of experience in Banking activities
• Strong risk awareness
• Excellent understanding of operational processes
• Proficiency in MS Office applications
• Fluency in English and French (additional languages are advantageous)

Equal Opportunity Statement ⚖️

Quintet Private Bank is an equal opportunity employer committed to creating a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, national origin, disability, or age.

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