Reconciliation Analyst

Job description

Manages operational activities within a unit, ensuring provision of quality, timely and accurate service and compliance with established internal guidelines and external regulations.

Impact on the Business
· Review processes for effectiveness, ensuring quality service provision; recommend and manage implementation of productivity and efficiency improvements while not sacrificing service quality.
Leadership & Teamwork
· Manage activities within a unit; resolve exceptional problems that arise. Ensure coordination of activities with other areas of the Department and Company as appropriate
Operational Effectiveness & Control
· Monitor performance against plan and take corrective action as required. Ensure activities of assigned unit maximize their contribution to economic profit
Role Context

This position is found in one of the following areas

Dealer Credit Operations
· Manages the provision of support to regional personnel, relationship managers and others related to dealer floor plan operations and accounting.
· Ensures dealer floor plan advances are properly valued and executed via review of loan documents securing the collateral.
· Ensures outline to loan document requirements and values are updated annually.
· Ensures dealer floor plan vehicle, interest and curtailment payments are processed, reconciled, communicated and collected from the customer.
· Ensures proper accounting of dealer floor plan accounts.
· Provides pertinent audit-related information to the examiner (Staff: No. of Personnel 1).
Student Lending Operations
· Manages a unit responsible for the origination of new loans, production of marketing materials and other types of account processing affecting data on borrower loan accounts (Staff: No. of Personnel 6).
Signature Verification
· Manages completion of signature verifications on International Correspondent Bank Demand Deposit, WDA accounts to reduce risk and minimize fraudulent activity. Manages manual rendering and mailing for special handling, international and WDA deposit accounts, as well as specialized deposit procedures (Staff: No. of Personnel - ). Commercial Loan Services manages one of the following Commercial Loan Services areas (Commercial Loan Processing Center, Special Credit Operations, Commercial Finance Operations, Public Banking Operations or Process Control).
· Provides knowledgeable guidance to subordinates in area and handles most complex transactions.
· Interacts with other managers to ensure full coverage of daily duties.
· Work with Department management as required (Staff: No. of Personnel - 5).
Exceptions/Return Items
· Manages the timely processing of all pay/return decisions made by branches and departments on all written checks drawn against insufficient funds, stop payments or restraints.
· Researches and corrects all input control system rejects.
· Processes incoming and outgoing return items (Staff: No. of Personnel - 12).
Adjustments
· Manages the posting, reconciling, tracking and timely resolution of differences, both monetary and non-monetary, that occur within the check processing stream.
· Ensures all general ledger accounts are reconciled daily and that aged items are followed-up timely and do not exceed established guidelines.
· Approves write-offs of aged items within dollar authority limits and makes recommendations on those exceeding assigned authority (Staff: No. of Personnel - 9).
Consumer Credit Processing
· Manages the processing of consumer credit applications, ensuring timely and accurate completion and compliance with established internal policies and external regulations (Staff: No. of Personnel - ).
· Collateral Management
· Originations/Account Entry
· Transaction Processing
· MICR Statement Processing Center
· Upstate Mail Services Money Center
· Special Account Services
· Shipping & Receiving
· Retail Lockbox Services
· Retirement Products Center/Rent Security
· EFT/ACH/EBO Services Correspondence
· Florida Operations
· HTS Remittance
· HTS Mail Extraction
· HTS Exceptions
· HTS Check Processing
· HTS Image Capture Operations
· HTS Operations Processing
· HTS Records Retention
· HTS Card Issuance
· NY Exception Processing
· Downstate Mailroom Services

Desired profile

Qualifications :

·  Minimum of six years proven and progressive operational experience in assigned area or equivalent, including a minimum of two years proven supervisory and/or management experience or equivalent.
·  Developed managerial, communications, organizational, decision-making, negotiations and customer service skills.
·  Knowledge of products, services, policies and regulations impacting area of responsibility.
·  Proven ability to respond to changing circumstances.
EEO/AA/Minorities/Women/Disability/Veterans