Job Overview
The Reconciliation Specialist reconciles general ledger and various checking accounts held by Mortgage Services, along with daily reconciliation accounts. This role will assist the Cash Control team by processing payments via check as well as the Electronic Payments (ACHTEL) system, perform the daily return item (check - ACH) reconciliation, which consists of reversals and communication with the borrower, and process department bills through the COR360 system.
Expected work hours
40
Job Description
Responsibilities include but are not limited to:
- Reconcile daily check register to ensure all checks are properly issued and documented.
- Review and reconcile daily General Ledger Accounts and resolve any errors discovered during the review. Monitor balances of loan related General Ledgers and research discrepancies.
- Issue cashier checks requested by Mortgage Servicing and ensure the monthly check log is reviewed and signed off by the Senior Reconciliation Specialist and Mortgage Servicing Management.
- Process loan payments via check and ACH to borrower's accounts.
- Process return items to borrower's accounts and document same on the Return Items log.
- Process Department billing invoices through the COR360 system.
- Maintain full compliance with all Regulatory requirements and Bank Policies and Procedures.
Requirements
Required Skills:
- Ability to read and understand numbers.
- Ability to follow direction and meet deadlines.
- Basic Microsoft Office knowledge.
- Ability to work independently and in a team environment.
- Good verbal communication skills.
- Basic Accounting practices. Understanding of Debits and Credits.
Required Experience:
- High School diploma or GED and a minimum of 2 years' related experience.
- Some college and 4 years related experience preferred.
Pay Range Information
Exact compensation may vary based on skills, experience, and location.
Salary Grade Minimum - Annual
$36,000.00
Salary Grade Maximum - Annual
$60,000.00
Salary Grade Minimum - Hourly
$17.31
Salary Grade Maximum - Hourly
$28.85
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