Recon Specialist

FourLeaf Career•Bethpage, NY

About The Position

The Recon Specialist performs reconciliation activities in the Recon Department, including settlements derived from core and third-party system files, general ledger accounts, and month-end closings. The role reconciles operational activity to general ledger accounts, researches and resolves variances and unposted items, and supports ATM settlement, claims, and processing. The specialist collaborates with branches, vendors, Shared Services, Compliance, and Accounting to ensure accurate and timely information, and helps maintain effective procedures, training, and current knowledge of regulatory changes. The role may also support projects and testing of new ATM products and functions.

Requirements

Bachelor’s degree required.
1–4 years of experience.
Financial background specializing in ATM operations and accounting functions related to balancing, settlement, and general ledger reconciliation.
Knowledge of dispute resolution rules and regulations.
Computer proficiency with PC, Windows, and the internet, and skills in MS Excel, Access, and Word.

Responsibilities

Reconcile ACH, inclearing files, Federal Reserve Bank, debit card, ATM deposit, Shared Services, and other operational activities to general ledger accounts using the core system.
Perform daily general ledger reconciliation and transaction settlement activities in coordination with Accounting and external vendors for ATM functions.
Communicate with branches and partners about settlement issues and processing.
Review non-posted items and research them for clearing.
Research and locate mis-posting variances across ledgers through resolution.
Identify opportunities to improve and automate current processes.
Take on new project work as assigned by managers.
Balance Fiserv ATM cash withdrawals and cash deposits, and image checks after approval in Ensenta.
Ensure ATM claims comply with REG E guidelines.
Handle branch and frontline inquiries, and ensure Centrix claims meet SLAs for account research and resolution of claims or issues-on-us items.
Assist with procedures to ensure effective processes are in place and updated as changes occur.
Work with branches to develop and deliver comprehensive ATM training to member contact employees.
Support employees on processing functions.
Keep working knowledge and key personnel current regarding regulatory changes.
Collaborate with branches, vendors, Shared Services, and Compliance to ensure accurate and timely information delivery.
Assist with testing new ATM products and functions.