Cash Reconciliation & Clearance Operations Analyst

Role Title: Cash Reconciliation & Clearance Operations Analyst

Location: London, UK

12 month contract

Role Purpose

The Cash Reconciliation & Clearance Operations Analyst is responsible for ensuring timely and accurate reconciliation of cash accounts and the clearance of outstanding items within the Asset Servicing team. The role supports institutional clients by safeguarding asset integrity, mitigating operational risk, and ensuring adherence to regulatory requirements and internal controls.

This role requires strong analytical skills, attention to detail, and the ability to work under pressure in a fast-paced environment, while collaborating with global stakeholders across Operations, Custody, and Finance functions.

Key Responsibilities

• Perform daily and periodic cash reconciliations across multiple markets, currencies, and custodians, investigating breaks and discrepancies.
• Monitor and clear outstanding items in a timely manner to minimize operational and financial risk.
• Liaise with internal teams (Custody, Settlements, Asset Servicing, Finance) and external counterparties to resolve reconciliation issues and ensure accurate cash positions.
• Escalate aged and material breaks in line with internal policies and provide commentary on root causes and resolution timelines.
• Support end-to-end reconciliation and clearance controls in accordance with regulatory requirements (eg, CASS, FCA guidelines) and internal risk frameworks.
• Prepare and deliver reporting on reconciliation status, outstanding items, and key risk indicators for management and stakeholders.
• Participate in process improvement initiatives, automation projects, and control enhancements to drive operational efficiency.
• Assist in audit reviews, regulatory inspections, and internal governance activities by providing accurate data and documentation.
• Contribute to a strong culture of risk management, control, and client service excellence within the Asset Servicing function.

Requirements - Experience & Skills

• Proven experience in cash reconciliation, clearance, or related operations roles within Asset Servicing, Custody, or Securities Services.
• Strong understanding of financial markets, cash management processes, and securities life cycle.
• Experience with reconciliation tools and systems (eg, TLM, Intellimatch, or similar) preferred.
• Strong Excel skills and ability to work with large data sets; knowledge of automation tools (eg, Alteryx, Python, VBA) desirable.
• Excellent communication and stakeholder management skills.
• Strong problem-solving ability, with a proactive and investigative approach to issue resolution.
• Ability to work under pressure, prioritize multiple tasks, and meet tight deadlines in a controlled environment.

Applicants must have a valid work visa