Settlement Specialist 2

U.S. Bank; Milwaukee (WI); Hybrid; USD 60,000 - 71,000; Full time

Benefits offered by this job

Healthcare benefits

Life insurance

Disability insurance

Parental leave

401(k) plan

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank is seeking a detail-oriented accountant to maintain records, prepare settlement entries, and support financial statements and management reporting. You will help improve automated controls and processes while collaborating with a team focused on accuracy and continuous improvement.

The role requires a Bachelor’s degree (or equivalent) and 3–4 years of financial accounting experience. A hybrid work schedule is available, with on-site work at least three days per week.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Three to four years of experience in financial accounting activities.
• Thorough knowledge of accounting, reporting and analysis.
• Ability to identify and resolve exceptions and interpret data.
• Effective verbal and written communication skills.
• Proficient with Microsoft Office applications.
• Thorough knowledge of settlement policies, rules and regulations.

Responsibilities

• Maintains accurate accounting records and controls.
• Prepares accounting settlement entries and account reconciliations.
• May assist in preparing financial statements and reports.
• Maintains and reconciles accounts.
• Develops and maintains automated systems, controls and procedures.
• Responds to inquiries regarding settlement policies, procedures, and issues from management.
• Prepares and develops reports for management.

Skills

Accounting knowledge

Data interpretation

Communication skills

MS Office

Settlement policies

Education

Bachelor’s degree or equivalent

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Join our team and put your accounting and analytical skills to work in a role where accuracy, problem-solving, and continuous improvement make a real impact! You’ll maintain accounting records, prepare settlement entries and account reconciliations, and support financial statements and management reporting. You’ll also have opportunities to improve automated systems, controls, and procedures while helping resolve settlement-related questions and issues. This is a great opportunity for someone who enjoys working with numbers, improving processes, and contributing to a collaborative team.

Job Description:

• Maintains accurate accounting records and controls.
• Prepares accounting settlement entries and account reconciliations.
• May assist in preparing financial statements and reports.
• Maintains and reconciles accounts.
• Develops and maintains automated systems, controls and procedures.
• Responds to inquiries regarding settlement policies, procedures, and issues from management.
• Prepares and develops reports for management.

Basic Qualifications:

• Bachelor’s degree, or equivalent work experience
• Three to four years of experience in financial accounting activities

Preferred Skills/Experience :

• Thorough knowledge of accounting, reporting and analysis
• Ability to identify and resolve exceptions and to interpret data
• Effective verbal and written communication skills
• Proficient computer skills, especially Microsoft Office applications
• Thorough knowledge of settlement policies, rules and regulations

This role requires working from a U.S. Bank location three (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That’s why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $60,435.00 - $71,100.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.