Bank Operations Reconcilement Specialist (Bailment Services)
Regions Bank is dedicated to providing a career-focused environment for its associates. The Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers, ensuring compliance with risk management programs and supporting process improvements.
Responsibilities
- Prepares daily and weekly reports to review all incoming transfers
- Ensures all open items are prioritized and reviewed
- Ensures all queries are logged and up to date in the appropriate systems
- Clarifies payment details to ensure appropriate funds allocation
- Notifies appropriate parties of non-receipts/rejections
- Takes corrective action on incorrect payments to reduce potential risk
- Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices
Skills
- High School Diploma or GED
- Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
- Ability to work in a fast-paced environment
- General knowledge of banking procedures
- Proficiency in Microsoft Office (Excel, Word, etc.)
- Strong verbal, written communication, and organizational skills
- Strong work ethic and self-motivation
- Related banking or operations experience
- Reconciliation & Excel Experience
Benefits
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
- Employee Assistance Program
- Associate Volunteer Program
Company Overview