Accountant I (Settlement), Settlement Services

Merrick Bank • South Jordan, UT

2d • Onsite

About The Position

At CardWorks, we aim to help people connect with possibility and opportunity using our financial servicing expertise. Building meaningful, long-term relationships with consumers, our employees, and our clients is what matters most. CardWorks, Inc. is a diversified consumer finance service provider and parent company of CardWorks Servicing, LLC, Merrick Bank and Carson Smithfield, LLC. CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans. We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees. Merrick Bank is an FDIC-insured Utah Industrial Loan Bank. Merrick operates three main business lines: credit cards, recreational lending, and merchant services. Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management.

Requirements

• High School diploma is required.
• Experience with, and demonstrated skill at, the following computer applications: Spreadsheet (Excel preferred), ten key and e-mail.
• Ability to identify and solve practical problems with little or no supervision.
• Responsible, flexible individual with strong mathematical and analytical skills.
• Communicates effectively both orally and in writing; presents ideas in a clear, concise, understandable and organized manner.

Nice To Haves

• Two (2) years of accounting or credit card and/or installment loan experience is preferred.
• Oracle Financial experience a plus.
• Must be detail oriented

Responsibilities

• Prepares daily general ledger entries for credit card and/or installment loan settlement activity for recording to the general ledger.
• Enters daily and monthly journal entries into the general ledger for the settlement team.
• Compiles various daily and/or monthly reports from the Bank’s loan processing platforms to be utilized by the Bank’s settlement team.
• Reconciles various lending settlement suspense accounts including researching outstanding items and working with the Bank’s servicing team to make the necessary adjustments to the loan accounts to clear the outstanding items.
• Prepares daily settlement related wires as assigned by management.
• Other duties as assigned by Settlement Management.
• Responsible for complying with all of the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Benefits

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Medical, Dental, and Vision
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED