Settlement Analyst I

FIS

74d

About The Position

In this role you will be part of an exciting group, dedicated to the balancing and reconciling settlement activities for the Debit Card business. This role also requires a fair degree of interaction and networking with our business counterparts to trouble shoot any issues that may arise and/or assist in successfully navigating through the waters of constant change. Our team’s focus is on internal and operational controls for very large volumes of monetary activities and is committed to provide the best experience to our internal and external clients by encouraging positive culture, teamwork and simplifying processes.

Requirements

• Bachelor's degree preferred.
• Typically requires a minimum of two years of experience in an office setting with settlement operations or banking experience or equivalent experience in a related field of study.
• Knowledge of cash management, financial analysis, account reconciliation and balancing processes.
• Knowledge of banking and transaction processing (i.e. ACH and wire processing) including concepts and principles – demonstrates industry and technical capability.
• Ability to analyze data, explain results and demonstrates good business judgement.
• Proficient in the use of basic office equipment and tools as well as applications specific to settlement systems/processes.
• Attention to detail, accuracy; ability to maintain confidentiality – demonstrates risk awareness and compliance.

Responsibilities

• Utilizes internal and external settlement systems and data to prepare and complete balancing schedules and cash account reconciliations.
• Utilizes settlement systems/data and bank-provided systems to prepare and record general ledger journal entries.
• Monitors and/or processes payments and payment files in conjunction with settlement procedures and policies.
• Analyzes and researches variances; provides logical/concise explanations for variances and/or fluctuations in a timely manner and assists with variance resolution as needed.
• Works with internal and/or external clients and service providers to resolve out of balance conditions, fund movement errors and/or transaction processing inquiries.

Benefits

• Opportunities to innovate in fintech.
• Inclusive and diverse team atmosphere.
• Professional and personal development.
• Resources to contribute to your community.
• Competitive salary and benefits.

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees