ANL - Sr. Bank Reconciliation Analyst

Selene Finance LP•Remote - Texas, TX

About The Position

The Senior Bank Reconciliation Analyst is responsible for managing and executing all aspects of Selene’s compliance with investor, agency, regulatory (RegAB & USAP) requirements for the reconciliation and clearing of outstanding reconciling items for assigned bank accounts. Ensure GAAP, company finance policies, Sarbanes-Oxley requirements are adhered to and met. Position requires a motivated self-starter able to evaluate processes and identify opportunities for improvements, enhancements and automation as applicable.

Requirements

Requires a high school diploma or general education degree (GED).
Minimum 2 years of experience with payment & disbursement clearing account reconciliation; P&I T&I and bank reconciliation in mortgage servicing.
Ability to successfully multi-task while working independently or within a group environment.
Ability to thrive in high pressure, ambiguous, short turnaround time environment.
Excellent verbal and written communication skills
Superior analytical and research skills and able to synthesize data.
Outstanding attention to detail is required.
Possess advanced MS Office Suite Skills (Excel, Word, PowerPoint, etc.)
Proficient data retrieval skills using internal system tools, Data watch or Monarch experience; excel intermediate to advanced; run MSP passport, a plus.
Possess analytical skills required to research and resolve reconciling item discrepancies.
Ability to apply common sense reasoning skills to problem solving and account reconciliation.
Solid organizational skills with demonstrated ability to prioritize workflow.
Effectively interact with various departments, management, and vendor liaisons.
Strong mathematical and reasoning skills are required.
Ability to identify, evaluate and promote new technologies based on appropriate needs for line of business.
Possess excellent interpersonal skills, coupled with the ability to solicit, and understand the needs of both technical and non-technical users.
Must be a strategic thinker with solid overall business and financial acumen who is able to work effectively and cooperatively with others at all levels and varying skillsets.
Ability to execute on deliverables with limited to no management guidance.

Nice To Haves

Bachelor’s degree in related field or equivalent, preferred.
Data watch or Monarch experience
run MSP passport, a plus.

Responsibilities

Ensure all reconciliation functions are performed in compliance with company, investor and/or regulatory guidelines.
Reconciliations of various accounts such as PI & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, Private MBS or Special Servicing.
Reconciliation of the Payment & Disbursement Clearing Accounts and ensure the prompt clearing of outages and facilitation of effective process deficiencies.
Prepare the more complex reconciliations and test of cash.
Ensures strict adherence to the Agency and Private Investor Servicing Agreements, Regulation AB, USAP and other guidelines for timely and accurate reconciling.
Assures reconciliation of accounts within 30 calendar- days clearance and reconciliation of items within 30 days from the point of identification.
Routinely keeps abreast of latest relevant bank reconciliation, requirement changes.
Ensure the timely reconciliation and resolution of appropriately aged items in assigned bank accounts.
Ensure that proper internal controls exist and are applied consistently to prevent potential fraud and misallocation of funds.
Compliance with controls and policy/procedures for area of responsibility.
Develop department process flows while identifying and remediating on any potential process gaps.
Act as liaison between departments, IT and/or vendors related to process issues and/or system enhancements.
Responsible for facilitation and execution of ad-hoc reporting specific to Bank Reconciliations.
Manage remediation of outstanding reconciling items ensure corrective application occurs timely and accurately.
Help develop and maintain testing validation documentation for Bank Reconciliation’s process & system enhancements.
Retrieve Bank Reconciliation KPI analytics using MSP Passport and Monarch reporting tools.
Partner with internal and external business partners as applicable to perform Bank Reconciliation functions.
Assist with the management of vendor and investor relationships.
Execute on other duties, as assigned.