Bank Operations Reconcilement Specialist

Regions Bank•Birmingham, AL

7d•Onsite

About The Position

At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers. Primary 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 Assists in handling escalated issues/problems when necessary Provides advice and guidance to less experienced associates as needed This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

High School Diploma or GED
Two (2) years of related banking or operations experience
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

Advanced Investigative Skills: Skilled in conducting deep-dive analyses to identify and resolve reconcilement discrepancies, with a focus on root cause identification.
Detail-Oriented & Accurate: Exceptional attention to detail in reviewing financial transactions and reconcilement reports, minimizing errors and ensuring data integrity.
Problem Solving & Critical Thinking: Strong analytical mindset with the ability to work independently to troubleshoot and resolve complex reconcilement issues.
Process Improvement Mindset: Ability to identify inefficiencies and contribute to the enhancement of reconcilement workflows and documentation.

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
Assists in handling escalated issues/problems when necessary
Provides advice and guidance to less experienced associates as needed

Benefits

Regions offers a benefits package that is flexible, comprehensive and recognizes that “one size does not fit all” for benefits-eligible associates.
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
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time.