Reconcilement Specialist- Cash Accounting

Regions Bank; Birmingham (AL); Hybrid; USD 37,000 - 42,000; Full time

Benefits offered by this job

401K with Company Match

Medical, Dental and Vision Benefits

Parental Leave

Employee Assistance Program

Paid Vacation/Sick Time

Job summary

Regions Bank is seeking a Bank Operations Reconcilement Specialist to manage daily and weekly reconciliation of payments and transfers. The role operates on a hybrid schedule with three onsite days and two remote days per week, near Hoover, AL.

Requires a high school diploma and related banking experience is preferred. Strong knowledge of Excel, Word, and other MS Office tools is expected, along with excellent communication and organizational skills.

Qualifications

• High School Diploma or GED required.
• Related banking or operations experience preferred.
• Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance.

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

Interpret rules and regulations

Fast-paced work environment

Banking procedures knowledge

Verbal and written communication

Work ethic / self-motivation

Education

High School Diploma or GED

Tools

Microsoft Office (Excel, Word)

Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description

At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers.

Primary 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

This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements

• High School Diploma or GED

Preferences

• Related banking or operations experience

Skills And Competencies

• 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

Additional Job Details

• Cash In Transit Classification Expertise
• 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-receipt/rejections
• Takes corrective action on incorrect payments to reduce potential risk

This role operates on a hybrid schedule, consisting of three onsite workdays and two remote workdays per week.

Proximity To Hoover, AL Required.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Minimum

Job Range Target:

$36,500.00 USD

Median

$41,790.00 USD

Incentive Pay Plans

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

• 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

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details

Riverchase Operations Center

Location:

Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans