M&G plc

Reconciliations Consultant – 6mth Fixed Term Contract

M&G plc

full-time

Posted on:

Location Type: Office

Location: London • United Kingdom

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Job Level

Junior

About the role

  • Support the definition, delivery, and launch of new products from an operational and reconciliations perspective.
  • Work closely with the change and project teams to ensure banking, cash flows, and reconciliation requirements are fully understood and correctly implemented.
  • Design, define, and document end-to-end reconciliation processes for new products, ensuring accuracy, efficiency, and appropriate controls.
  • Lead the creation and maintenance of Business Process Maps (BPMs) covering reconciliation and associated operational activities.
  • Ensure reconciliations are set up correctly within relevant systems, including TLM, and aligned to agreed operating models.
  • Identify and mitigate operational and reconciliation risks associated with new product launches.
  • Support testing activities, including reconciliation validation and defect resolution, prior to go-live.
  • Train and upskill run teams to enable a smooth handover into business-as-usual operations.
  • Act as a subject matter expert for reconciliations, banking, and cash management during change initiatives.
  • Build strong working relationships with stakeholders across Operations, Change, Technology, Finance, and external partners.
  • Provide clear, high-quality written documentation and communications to support operational readiness.

Requirements

  • Proven experience in reconciliations within a financial services or regulated environment.
  • Strong understanding of operational banking and cash management processes.
  • Hands-on experience using TLM (or equivalent reconciliation systems).
  • Demonstrable experience defining and documenting reconciliation processes and controls.
  • Experience working alongside change or project teams to support product or process launches.
  • Experience training or transitioning work to operational (run) teams.
  • Excellent written and verbal communication skills.
Benefits
  • Pension scheme of 18% (Employer Contributions 13%, Employee Contributions 5%)
  • Share Save and Share Incentive Plan
  • Financial wellbeing and support services
  • 38 days annual leave including bank holidays
  • Opportunity to purchase up to 5 extra days of annual leave
  • Additional flexibility through Time Off When You Need It policy
  • Comprehensive support and paid parental leave
  • Health & Protection cover including Private Healthcare, Critical Illness cover, and Life Assurance
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
reconciliationsbusiness process mappingreconciliation processesoperational bankingcash managementreconciliation validationdefect resolutionrisk mitigationdocumentationtraining
Soft Skills
communicationstakeholder managementrelationship buildingleadershiporganizational skillsproblem-solvingcollaborationattention to detailadaptabilitytraining and upskilling