Settlement Specialist 2

U.S. Bank•Milwaukee, WI

1d•Hybrid

About The Position

U.S. Bank is hiring a Settlement Specialist 2 to perform financial accounting and settlement work. The role maintains accounting records and controls, prepares settlement entries and account reconciliations, and may assist with financial statements and reports. It also develops and maintains automated systems, controls, and procedures; prepares management reports; and responds to management inquiries about settlement policies, procedures, and issues. The position emphasizes accuracy, analytical problem-solving, and continuous process improvement. It requires working from a U.S. Bank location three or more days per week.

Requirements

Bachelor’s degree or equivalent work experience.
Three to four years of experience in financial accounting activities.
Thorough knowledge of accounting, reporting, and analysis.
Ability to identify and resolve exceptions and interpret data.
Effective verbal and written communication skills.
Proficient computer skills, especially with Microsoft Office applications.

Nice To Haves

Thorough knowledge of settlement policies, rules, and regulations.

Responsibilities

Maintain accurate accounting records and controls.
Prepare accounting settlement entries and account reconciliations.
Assist in preparing financial statements and reports, as needed.
Maintain and reconcile accounts.
Develop and maintain automated systems, controls, and procedures.
Respond to management inquiries about settlement policies, procedures, and issues.
Prepare and develop reports for management.

Benefits

Healthcare, including medical, dental, and vision coverage.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and an employer-funded retirement plan.
Paid vacation of two to five weeks, depending on salary grade and tenure.
Up to 11 paid holiday opportunities.
Adoption assistance.
Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase.
Pension, subject to eligibility requirements.