Selina Finance

Sr. Bank Reconciliation Analyst

Opole, Opole Voivodeship, Poland

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Requirements

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.

Responsibilities

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.

Skills

Bank Reconciliation
GAAP
Sarbanes-Oxley
Regulation AB
USAP
Account Reconciliation
Financial Compliance
Process Improvement
Automation

Selina Finance

Flexible home equity lending solutions

About Selina Finance

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.

London, United KingdomHeadquarters
2019Year Founded
$50.4MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Risks

Rising UK interest rates could make Selina's loans less attractive to borrowers.
Increased competition from fintechs may erode Selina's market share.
Potential UK regulatory changes could increase compliance costs for Selina Finance.

Differentiation

Selina Finance offers the UK's first Home Equity Line of Credit (HELOC).
Their HELOC product provides flexible borrowing against home equity, unique in the UK market.
Selina Finance combines real estate, finance, and technology for next-generation lending solutions.

Upsides

Partnership with Legal & General expands access to a large network of mortgage advisers.
Recent $150M Series B funding boosts Selina's capacity for growth and product development.
Increased demand for flexible financial products aligns with Selina's offerings.

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