OPERATIONS SPECIALIST - LOAN ACCOUNTING -WATERFORD

First BanCorp • Río Piedras, PR

7d • Onsite

About The Position

Manages payment administration processes, including payment setup and modifications, wire and loan payments, suspense account reconciliation, remittance processing, and handling non-posted or purchased loan transactions. Accountable for adhering to the Bank's BSA, AML, and Office of Foreign Control (OFAC), applicable policies. Employee must follow specific unit procedures developed in compliance with the policies. Employee is also responsible for reporting any suspicious activity and/or transactions in accordance with the Bank's processes and comply with any mandatory BSA, AML, OFAC, training assigned.

Requirements

• 1-2 years' experience
• Strong written and verbal communication
• Prioritize tasks, manage deadlines, and coordinate resources effectively
• Handle sensitive financial and personnel information responsibly
• Ability to use Microsoft Office tools, banking software, data security protocols, and digital platforms
• Respond to changing regulations, market conditions, and organizational needs
• Understand and respond to internal and external clients' needs
• Knowledge of laws, regulatory compliance and other financial regulations

Responsibilities

• Quality Control of the daily work
• Account & General Ledger Reconciliations
• General Ledger Reconciliation
• Loan Trial Balance (Beast)
• Loan Servicing EOM Recon Package
• Loan Inquiries
• Payment Administration, Disbursement and suspense
• Wire Transfer Loan Payments
• Customer Payment Suspense
• Non-Posted Loan Items
• Remittance Processing
• Official Checks
• Maintenance of Check Log
• Responsible for working supply of loan checks
• Stale Checks
• Quality Control of the Department's Work
• Daily Review of Reports
• Audits
• Assist in the gathering items pertaining to audits
• Assist in gathering items pertaining to audits
• Assist in responsible to audit questions
• Corporate Loan - Payment Administration and Disbursements
• Support to other departments

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed