Associate, Reconciliations
WealthsimpleFull Time
Entry Level & New Grad, Junior (1 to 2 years)
Candidates should possess a high school diploma or equivalent, and a Bachelor’s degree in a related field is preferred. They must have at least two years of experience with payment and disbursement clearing account reconciliation, P&I T&I, and bank reconciliation processes. Strong knowledge of GAAP, company finance policies, and Sarbanes-Oxley requirements is required, along with familiarity with investor and regulatory guidelines such as Regulation AB and USAP.
The Senior Bank Reconciliation Analyst will manage and execute all aspects of Selene’s compliance with investor, agency, and regulatory requirements for the reconciliation and clearing of outstanding reconciling items for assigned bank accounts. They will ensure adherence to GAAP, company finance policies, and Sarbanes-Oxley requirements, performing reconciliations of various accounts including PI & TI custodial accounts, Payment & Disbursement Clearing Accounts, and ensuring the prompt clearing of outages. The role involves preparing complex reconciliations, testing of cash, and maintaining timely reconciliation of accounts within 30 calendar days, while staying abreast of relevant changes. Additionally, the analyst will ensure strict adherence to Agency and Private Investor Servicing Agreements, develop department process flows, act as a liaison between departments and IT, manage remediation of outstanding items, develop testing validation documentation, retrieve KPI analytics, and assist with vendor and investor relationship management, as well as execute other assigned duties.
Flexible home equity lending solutions
Selina Finance offers flexible lending solutions for homeowners in the UK, focusing on home equity lending. Their main products include a Home Equity Line of Credit (HELOC), which allows borrowers to access funds against their property equity and only pay interest on the amount used, and a Homeowner Loan, which provides a fixed sum upfront. Unlike other lenders, Selina Finance's HELOC offers unique flexibility in borrowing amounts over the first five years. The company's goal is to help homeowners finance large purchases by leveraging the equity in their homes at competitive interest rates.