Commercial Equipment and Vehicle Finance Operations Analyst

Santander Bank • Huntingtn Sta, NY

256d • $54,375 - $82,500

About The Position

Santander is a global leader and innovator in the financial services industry. We believe that our employees are our greatest asset. Our focus is on fostering an enriching journey that empowers you to explore diverse career opportunities while nurturing your personal growth. We are committed to creating an environment where continuous learning and development are prioritized, enabling you to thrive both professionally and personally. Here, you will find ample opportunities to connect and collaborate with talented colleagues from around the world, sharing insights and driving innovation together. Join us at Santander, where you are supported by a culture of engagement and a commitment to your success. An exciting journey awaits, if you are interested in exploring the possibilities.

Requirements

• Bachelor's Degree or equivalent work experience in Business/Accounting or equivalent degree.
• 3-5 years of Operations / Client Service experience and banking operations.
• Accounting knowledge and experience.
• Excellent communication, good organizational skills, and attention to details.
• Ability to adhere to policies, procedures, and instructions of management.
• Ability to adapt quickly and be a team player.
• Ability to manage multiple tasks/projects and deadlines simultaneously.
• Demonstrated proficiency in Microsoft Office, including Word, Excel, and PowerPoint.
• Knowledge of the Syndicated and Commercial Loan products and markets.

Nice To Haves

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Responsibilities

• Ensures the daily, weekly and monthly reconciliations are completed on time.
• Monitors daily activity and review control processes relating to monetary transactions and clearing accounts.
• Reconciliation and preparation monthly remittance of sales tax for external accounting firm.
• Prepares and processes daily entries with source documentation back-up to CAD and TREE.
• Processes daily GL Link.
• Compares the InfoLease reports / extracts against Synergy totals.
• Scans checks received via BIC (Branch Image Capture).
• Tracks incoming wire transfers and ACH transactions.
• Reviews and validates payments and payoffs are processed as expected.
• Serves as a second reviewer for Daily proof of payments and payoffs.
• Updates daily Treasury rate in InfoLease.
• Submits all payments and payoffs received via wire & ACH to Posting to process.
• Processes payoff assets from inventory that have been sold by the workout group.
• Places stop payments on Official checks lost/stolen/destroyed and reissue.
• Researches and responds to incoming commercial loan requests/emails/inquiries.
• Helps with Lockbox, ACH, Posting when necessary.
• Collaborates with internal teams to resolve payment issues and discrepancies.
• Participates in Bank projects as needed.
• Participates in procedure review and updates.
• Participates and supports in getting all the evidence requested for Internal and external audit.

Benefits

• 401k
• health_insurance
• dental_insurance
• vision_insurance
• paid_holidays
• tuition_reimbursement
• professional_development

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree