Reconciliation Officer - Nostro and Internal Account Operations - First Bank

Reconciliation Officer - Nostro and Internal Account Operations - First Abu Dhabi Bank Dubai

First Abu Dhabi Bank (FAB) is hiring a Reconciliation Officer to join the Core Processing function in Dubai. This role is essential in ensuring the accurate reconciliation of Nostro accounts, inter-branch transactions, and system-generated entries. You will oversee operational risk management, timely reporting, and escalation of exceptions in alignment with non-BAU protocols. The ideal candidate will have strong experience in reconciliation, SWIFT queue management, and back-office treasury support.

Job Location:

Dubai, UAE
Industry: Banking
Function:
Banking / Mortgage Professionals
Salary: 14, monthly (Market estimated)
Gender: Any
Candidate Nationality:
Any
Current

Location:

Any
Job Type: Full time

• Oversee daily reconciliation operations including Nostro accounts, inter-branch call accounts, and customer account adjustments
• Monitor SWIFT inbound/outbound queues and authorize entries with date/value mismatches
• Ensure timely submission of reports to MIS and management dashboards, including intelli
  
  MATCH and iTRACs reports
• Track unapplied credits, unclaimed accounts, and ensure all exceptions are followed up as per escalation matrices
• Support audit-readiness through monthly reconciliation reviews, exception tracking, and risk flagging
• Coordinate with Treasury, SSD, FCIS, TFO, and other units to resolve discrepancies across multiple internal and external systems
• Ensure compliance with non-BAU protocols, recordkeeping guidelines, and operational control policies
• Supervise staff work allocation, track activity logs, and maintain operational continuity in case of staff absence
• Maintain accuracy of balance pools and reconciliation tools, including MT940/950 reject entries and binding records
• Deliver process improvement suggestions to enhance efficiency and service quality

• Bachelor's degree in Business, Finance, Economics, or related field
• 4-8 years of relevant banking experience with at least 5 years in reconciliation or core processing operations
• Strong familiarity with SWIFT messages, Nostro accounting, inter-branch transactions, and reconciliation software (e.g., intelli
  
  MATCH)
• In-depth understanding of operational risk, exception handling, and regulatory requirements
• Excellent analytical, problem-solving, and team supervision skills
• Ability to work under pressure while maintaining accuracy and risk awareness

• Be part of the UAE's most trusted and secure financial institution
• Take on a mission-critical role within operations, supporting global transaction accuracy
• Collaborate with cross-functional teams across Treasury, Compliance, and Back Office
• Grow your career with a bank recognized for operational excellence and innovation

First Abu Dhabi Bank (FAB) is the UAE's largest and most secure financial institution, with a significant presence in Dubai and across international markets. As a leader in regional banking transformation, FAB provides a wide range of tailored financial products and services to corporate, investment, and retail clients. The Core Processing and Reconciliation team plays a vital role in ensuring data accuracy, risk control, and seamless customer service across platforms.