Senior Treasury & Reconciliation Specialist
About the Client
Our client is a regulated financial institution based in Riga, Latvia. Since its establishment in 2022, it has been providing electronic money and payment services as an authorised Electronic Money Institution. The company combines the agility of a fintech company with the standards of a regulated financial institution, serving a diverse customer base.
Role Overview
Join an exciting journey as a Senior Treasury & Reconciliation Specialist where you will have a significant impact on the financial operations. This role offers the opportunity to manage day-to-day treasury functions and take ownership of reconciliation processes. As the company grows, you will play a crucial part in developing and potentially leading a team.
Key Responsibilities
Manage daily reconciliation of payment flows, bank accounts, clearing, and correspondent accounts.
Monitor and manage daily liquidity, including SEPA clearing, correspondent banks, and collateral accounts.
Review, update, and develop reconciliation and financial operations procedures in accordance with Latvian legislation.
Prepare and submit monthly, quarterly, and annual regulatory reports.
Ensure compliance with internal procedures and regulatory requirements.
Support reconciliation related to card issuing and payment card operations.
Work with SEPA, TARGET, and other relevant payment/clearing infrastructure.
Take ownership of the reconciliation and treasury function and potentially build and manage a team as the company scales.
Requirements
Strong experience in banking, EMI, payments, or regulated FinTech.
Hands-on experience with reconciliation, treasury operations, and liquidity management.
Experience working with Latvijas Banka or within the Latvian regulated financial ecosystem is highly preferred.
Understanding of regulatory reporting requirements and experience preparing/submitting reports.
Ability to review and develop financial procedures based on applicable regulations and legislation.
Good understanding of SEPA, clearing, correspondent banking, and payment flows.
Card issuing/reconciliation experience is a strong advantage; acquiring experience is not required.
Accounting or financial reporting knowledge is an advantage.
Experience in Latvian commercial banking is highly preferred.
Languages: English, Latvian
Experience in fintech
Key Soft Skills
Strong ownership and willingness to take responsibility for the function.
High attention to detail and accuracy.
Independent and proactive approach.
Strong analytical and problem-solving skills.
Ability to work beyond a narrowly defined scope and build processes from scratch.
What We Offer
Competitive salary aligned with experience
Collaborative and transparent team culture
High-impact role in a scaling fintech company
Recognition of personal milestones and achievements
Social benefits