Securities Reconciliation Officer | GMO

Natixis in Portugal is a Centre of Expertise whose mission is to transform traditional banking by developing innovative solutions for the business, operations and work culture of Groupe BPCE worldwide. 

As part of Groupe BPCE’s international division, Natixis in Portugal designs and delivers solutions for its two core areas — Corporate & Investment Banking and Asset & Wealth Management — as well as transversal services that support all entities across the Group. 

With more than 3,000 employees representing 46 nationalities, the teams work across Information Technology, Banking Support Activities, and Compliance, in an integrated, inclusive, and cross-functional way, supporting all business lines and platforms of the Group.  

A disruptive mindset and a culture of proximity and agility identify Natixis in Portugal Team and reflect the company's mission to transform traditional banking at a global scale: a perfect match in the Portuguese dynamics and entrepreneurial ecosystem.

The Securities Reconciliation Officer plays a critical role in ensuring the accuracy and consistency of financial records and transactions related to securities and cash accounts. The main goal is to reconcile discrepancies, oversee the impact of regulatory trends and developments, and mentor less experienced staff to ensure successful project execution and high-quality solutions.  

Main tasks and goals: 

We are currently looking for a highly motivated and skilled Securities Reconciliation Officer to join our dynamic financial team. The successful candidate will be responsible for providing leadership and strategic oversight of the securities reconciliation process, collaborating closely with senior management and cross-functional teams to ensure the accuracy, efficiency, and continuous improvement of our financial operations. This is an exceptional opportunity for an experienced and accomplished professional to make a significant impact in a fast-paced and challenging financial environment. 

Key Responsibilities: 

Leading the detailed analysis, comparison, and verification of securities and trades between internal and external positions 

Identifying and assigning cash breaks to the relevant teams 

Overseeing and tracking invoices related to the custody of debt and equity securities 

Maintaining an accurate database of transactions between securities and cash accounts 

Analyzing the impact of regulatory trends and developments with respect to Securities Reconciliation 

Responsible for reconciliations between securities and cash accounts, claim management, and custodians invoices 

Takes steps to resolve discrepancies and errors in cash accounts and in securities positions 

Acts as a mentor to less experienced staff, explaining relevant procedures and providing technical skills development 

Supports the team leader or team manager to coordinate resources effectively for successful project execution 

Acts as the Team Leader backup in case of need for projects follow-up, controls performance and declaration, oversights presentation and others

Bachelor's degree in Finance or Master's degree in Finance.

3+ years of relevant experience.

In-depth knowledge of securities products and securities/cash reconciliation.

Mastery of digital tools (e.g., MS Office package) .

Good English skills, both written and verbal (mandatory).

Strong analytical skills.

We will only consider English Cv's.

Our workplace reflects the vibrant spirit of our locations, with initiatives such as a Green Transportation Budget, electric bikes and a flexible Hybrid Work Policy. We promote wellbeing through the Honolulu Wellness Club, a Prayer Room, a Lactation Room, and themed Villages that inspire creativity and collaboration. Through our ESG and DEI strategies, we are commit to being inclusive, caring, and fair, ensuring every voice is heard and valued.