FXMM Reconciliation Specialist / Senior Specialist

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Overview The task is to process various tradable financial instruments for the Commerzbank Group and its customers, supporting the sales units through careful, legally compliant, swift, and cost-efficient processing. Employees of this service group are committed to proper handling of the processes, considering all internal, product-specific, and regulatory standards.

Responsibilities

Process various tradable financial instruments for the Commerzbank Group and its customers.

Support the sales units through careful, legally compliant, swift, and cost-efficient processing.

Handle processes with independence within the area of responsibility and acquire the required system knowledge.

Maintain proper coordination with other departments, branches, and Head Office for regular and ad hoc reports for Credit, Branch Management and Head Office.

Ensure compliance with internal requirements, procedures, systems and controls.

Provide relief coverage for fellow team members.

This position is based in Kuala Lumpur, Malaysia

Key Measurable

Maintain capability for sustainable service with firm controls and efficiencies over assigned tasks.

Deepen skills and knowledge of business processing and technical understanding of business applications.

Foster teamwork within the unit / department and organization.

Analyze and respond to queries from internal and external clients with minimal supervision.

Meet or exceed processing turnaround standards as per the Service Level Agreement.

Handle complex cases with high competency in processing efficiency and accuracy.

Support management initiatives and group initiatives.

Contribute new ideas to improve operation processes.

Multi-task within product handling and provide proactive team support.

Key Activities

Reconciliation of FX / Money Market and OTC derivatives transactions with corporate clients.

Ensure data consistency across trading systems and interfaces; no data loss or deviation.

Maintain essential economic data for transactions (nominal amount, trading day, settlement day, rate / price / currency, etc.).

Independent testing and ensure efficient, correct, and timely processing.

Handle deviations and investigations, provide independent clarification of differences.

Quality assurance and maintenance of work equipment and documents; support process improvements.

Other administrative tasks related to the team and ad hoc initiatives as assigned.

Holiday coverage : support Frankfurt during KL holiday if it is a Monday–Friday working day in Frankfurt.

Formal Education University degree or Commercial School Graduate preferred

Specialist Knowledge

At least

3 years of experience

in a financial institution with similar capacity

Good knowledge of corporate / commercial banking products and related FX / MM and OTC derivatives.

Ability to work independently and as a good team player.

Proactive, positive attitude and ability to work under pressure.

Strong interpersonal and communication skills.

Good problem-solving skills with the ability to apply up-to-date knowledge to develop value-added solutions.

Ability to multi-task, prioritize and manage daily workflow.

Business-level English in both oral and written communication.

Service-oriented to key clients and stakeholders.

Adherence to internal and external policies and guidelines (e.g., Code of Conduct, ABC Policy, TRM).

Shift : 3pm to 12am; may change during daylight savings (4pm–1am) or 9am–6pm as required with advance notice.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Accounting / Auditing

Industries

Banking and Financial Services

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