FO Reconciliation Officer

  • Full-time

Company Description

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide.

Natixis in Portugal is part of the Global Financial Services division, where it applies technology for the development of financial expertise in its two global business lines – Corporate & Investment Banking and Asset & Wealth Management – and, transversally, for the entities of Groupe BPCE.

The Centre of Expertise, based in Porto, currently has more than 2,400 employees from over 30 nationalities, organised in three main departments: Information Technology, Banking Support Activities and Compliance. These teams work in an integrated, inclusive and transversal way, supporting and creating value for all the business lines and platforms of the group. The project in Porto is one of the biggest investments in Human Resources ever made by Groupe BPCE worldwide.

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

In 2024, Top Employers Institute has awarded Natixis in Portugal the Top Employer Portugal accreditation for the second time. This certification recognizes excellence in people practices, following the example of our head office, in France, who was certified Top Employer France for the eight year in a row.

Job Description

Team presentation and main goal:  

The Front Office Reconciliation Officer is an integral part of the reconciliation team responsible for ensuring the accuracy and consistency of transactions in the Front Office IT systems. The main goal is to reconcile discrepancies between Front Office systems and external records, leading the analysis of business requirements and suggesting improvements to enhance the quality of the reconciliations. 

Main tasks and goals: 

We are currently seeking a highly motivated and skilled Front Office Reconciliation Officer to join our dynamic financial team. The successful candidate will play a crucial role in ensuring accurate and timely reconciliation of transactions, collaborating closely with various teams to maintain the integrity of our financial operations. This is an exceptional opportunity for an experienced and dedicated professional to further their career in a fast-paced and challenging financial environment. 

Key Responsibilities: 

  • Responsible for Front Office Reconciliation to ensure the correct representation of the operations in the FO IT System on an extended products perimeter, strictly applying the correct procedures and standards. 
  • Pursues a detailed analysis by reviewing transactions to ensure they are accurately recorded in the systems. 
  • Detects discrepancies or errors during consistency controls and reports them to the relevant teams (Front Office; Trade Support or IT) to ensure a timely resolution. 
  • Reports the results of the reconciliations and communicates findings to relevant stakeholders. 
  • Analyzes business requirements and suggests improvements of tools to enhance the quality of the reconciliations. 
  • Supporting more junior Officers by sharing knowledge, providing technical guidance, and constructive feedback to foster a collaborative and inclusive environment that promotes learning and growth. 

Qualifications

  • Bachelor's degree in Finance or Master's degree in Finance 
  • 3-5 years of relevant experience 
  • Consolidated knowledge of market finance products and FO to Post trade processes 
  • Knowledge in tools or programs such as Bloomberg, PowerBI, Summit, Murex or Sophis 
  • Demonstrates critical thinking within different situations and applies solutions within the area of expertise 
  • Works within well-defined procedures and guidelines, handling routine and non-routine activities with autonomy 
  • Understanding of controls and operational risks, as well as regulations or norms (e.g., ISO 9001, MiFID, EMIR, and/or DFA) 
  • Interacts with others in an autonomous and effective way, providing information and influencing actions or acceptance 
  • Promotes and defends the organization’s reputation and values, suggesting events for the organization to participate in job fairs and expanding sources of talent 
  • Mastery of digital tools (e.g., MS Office package) 
  • Good English skills, both written and verbal. 

We will only consider English CV's.

Additional Information

At Natixis, we are committed to fostering a working environment where each and every one of our people is treated with dignity and respect and where every voice is heard. Our differences make us collectively stronger and are a source of fulfilment, innovation and performance.

In the framework of its Diversity, Equity & Inclusion policy, Natixis in Portugal has implemented a Blind CV Screening process, with the purpose of reducing hiring bias. A blind CV excludes any personal details which refer to the applicant’s gender, age or ethnicity. When applying for our positions, please submit a blind CV, that is, with no picture, name, gender, age, nationality, ethnicity and address. Your personal statement, work experience, courses and certifications, education, skills and contact information is what matters to us.

#MuchMoreThanJustAJob

Early morning. Campo 24 de Agosto. In 4 minutes, you are clocking in at the office. Start your day having breakfast with the Team and grab fresh fruit on the way to your seat, in one of Porto’s most typical neighborhoods. This Purple Day is going to be a busy one: daily meeting ensuring all team members are on the same page regarding work status, priorities and blockers, language class and, just after, a Talent Management meeting with your manager, discussing your career path. 

 Lunch break. Today, your Team is onboarding newcomers, but also welcoming French colleagues: the perfect excuse to walk downtown and bond over a francesinha. When returning, inhale nature and peace of mind in Natixis Urban Garden (look at the crops; ready to harvest!). 

 Back inside. Brainstorming session on a new, exciting project in our disruptive and immersive Manaus Village. The afternoon went flying (tasks, meetings, some jokes with your teammates). End it on a high note: celebrating cultural diversity with a Diwali, the Indian festival of lights. 

 Tomorrow, you attend a conference led by influential speakers in your industry and, the day after, you will work from home, benefitting from some focus time to complete that report and soft skills course on LinkedIn Learning. Once you are done with your work for the day, strike the right note playing with Natixis band or be part of a board games session. If that is too steady for you, meet your colleagues to catch some waves or sail the Douro river during golden hour.

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