Reconciliation Specialist
About The Position
Reporting to Deposit Operations Supervisor, the Deposit Operations Deposit Specialist I will be an experienced specialist, who is responsible for the execution of BAU functions performed by themselves within their respective team. The Deposit Specialist I will perform regular day to day activities similar to one or more other Deposit Specialists as well as the more complex activities and functions. Activities and functions may include but not limited to: executing financial and/or operational controls, user testing, release management, and workflow review. The Deposit Specialists I will play a key role in supporting the team and other business lines.
Requirements
- Two (2) or more years’ experience in Bank Deposit Operations
- Strong problem solving and issue management skills
- Strong writing and presentation skills
- Detail oriented with strong planning skills and consistent follow through
- Ability to train peers on daily functions
- Able to successfully balance conflicting priorities
- Intermediate knowledge of Microsoft Office, including proficiency in data manipulation (Excel, Access, etc.)
- Highly self-motivated and directed, as well as a team contributor
Responsibilities
- Perform expected day-to-day activities
- Be able to handle more complex activities and functions, exceptions, and escalated situations based on their knowledge and experience
- Develop and provide functional expertise and advise on processes and controls
- Be able to communicate business, functional and data requirements related to processes
- Provide training to other team specialists on existing or new functionalities
- Assist in the development of appropriate test plans/scripts and then subsequent testing of projects and releases
- Review and advise on operational process flows, procedures and other training materials as well as keeping documentation up to date
- Assist in the gathering evidence for audit and exam requirements
- Assist in issue management – issue identification, impact assessment, and remediation efforts
- Aware of regulatory requirements related to team processes and functions; assist in control updates to maintain compliance
- Serve as liaison to other teams within the department as well as other business lines based on functional knowledge
- Reconcilement of various general ledger and internal deposit accounts. Work with the branches or other departments within the bank on research and accurate correction of errors
- Complete daily, weekly and monthly reconcilements
- Research daily Settlement reconciling items, working with the branches and/or appropriate departments within the bank for the researching and the accurate correction of errors
- Verification and Settlement of various reports
- Complete Backup Withholding Remittance balancing
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
