Bank Operations Reconcilement Specialist (Bailment Services)

Regions Bank • Hoover, AL

6d • Hybrid

About The Position

At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers. This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED
• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
• Ability to work in a fast-paced environment
• General knowledge of banking procedures
• Proficiency in Microsoft Office (Excel, Word, etc.)
• Strong verbal, written communication, and organizational skills
• Strong work ethic and self-motivation

Nice To Haves

• Related banking or operations experience
• Reconciliation & Excel Experience

Responsibilities

• Prepares daily and weekly reports to review all incoming transfers
• Ensures all open items are prioritized and reviewed
• Ensures all queries are logged and up to date in the appropriate systems
• Clarifies payment details to ensure appropriate funds allocation
• Notifies appropriate parties of non-receipts/rejections
• Takes corrective action on incorrect payments to reduce potential risk
• Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices

Benefits

• Paid Vacation/Sick Time
• 401K with Company Match
• Medical, Dental and Vision Benefits
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

What This Job Offers

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