Recs and Banking Administrator; FTC

Job Title: Recs and Banking Administrator (12 Months FTC)

Location: Bath, Somerset

Posting

Start Date:

1/29/26

Servaada is a Wipro UK entity, authorised by the Financial Conduct Authority (FCA), the UK financial services regulator, to undertake regulated activities on behalf of its clients, as an outsourced service provider.

The Reconciliation & Banking Team works to ensure Servaada is adhering to client money protection rules. The team undertakes daily reconciliations of client money accounts, oversees funding from the Corporate accounts for shortfalls, and processes payments off the platform. The role also includes completing checks on bank accounts and uploading payment files.

The successful candidate will be key in delivering both team and individual targets within the appointed time‑frames and to the highest standards.

As a Recs & Banking Administrator, you will receive a competitive salary, a generous benefits package, and training & development opportunities to help you improve.

• Responsibility for the completion of the core team processes:
  • Supporting the company’s ongoing CASS adherence
  • Daily internal and external client money reconciliations & investigation
  • Internal and external custody reconciliations & investigation
  • Regulatory returns & claims
  • Liaison with third parties such as fund managers and banks
  • Nominee and investment manager payment processing
  • Cheque processing and banking
• Achieve departmental service level agreements (SLAs) and key performance indicators (KPIs)
• Demonstrate flexibility during periods of high workload, assisting other services when required
• Support the business software infrastructure with user acceptance testing and disaster recovery cycles
• Achieve and actively maintain your skills and knowledge to adhere to the Training and Competence standards
• Work to continually improve business procedures and processes
• Meet all Financial Conduct Authority regulations, particularly CASS 6, 7 & 8
• Ensure that Treating Customers Fairly (TCF) principles are adhered to, including raising any areas for concern with either Line Manager or Compliance
• Manage risk effectively by informing Line Manager of any incidents, “near misses” or exposures to our risk profile. Comply with all Servaada policies and report any risk concerns to Line Manager
• You will, from time to time, be required to undertake other activities that fall within your capabilities as directed by management

• Good attention to detail
• Excellent interpersonal and communication skills
• Ownership and accountability
• Excellent drive, with ability to work unsupervised and under own initiative
• Ability to work well under pressure and to tight deadlines
• Working knowledge of Excel
• Strong desire to learn and have holistic understanding of a process or issue
• A proactive and innovative approach to problem solving, applying logic and foresight to decision‑making

• Investment Operations Certificate (IOC) or equivalent industry recognised qualification
• Financial services experience
• Understanding of investments and investment products
• Reconciliation background
• CASS knowledge, in particular CASS 6 and 7 regulations
• Proven track record in concern for and adherence to regulatory requirements

• Must act with integrity
• Must act with due skill, care and diligence
• Must be open and cooperative with the FCA and other regulators
• Must pay due regard to the interests of customers and treat them fairly
• Must observe proper standards of market conduct

Servaada is committed to diversity, equality, and inclusion in the workplace. All applicants are welcome.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, caste, creed, religion, gender, marital status, age, ethnic and national origin, gender identity, gender expression, sexual orientation, political orientation, disability status, protected veteran status, or any other characteristic protected by law.

Wipro is committed to creating an accessible, supportive, and inclusive workplace. Reasonable accommodation will be provided to all applicants including persons with disabilities, throughout the recruitment and selection process. Accommodations must be communicated in advance of the application, where possible, and will be reviewed on an individual basis. Wipro provides equal opportunities to all and values diversity.