Sr. Bank Reconciliation Analyst

Selene Finance LP; Town of Texas (WI); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

PTO

Medical insurance

Dental & Vision

EAP

FSA

HSA

Paid Holidays

Life Insurance

401(k)

Job summary

Selene Holdings is seeking a Senior Bank Reconciliation Analyst to manage reconciliation processes across investor accounts and ensure compliance with GAAP, Sarbanes‑Oxley, and agency guidelines.

The role requires experience with PI/TI custodial accounts and the ability to drive process improvements, automate where possible, and collaborate with IT and vendors to optimize controls.

Qualifications

• 2+ years of bank reconciliation experience in mortgage servicing.
• Strong MS Excel skills and data retrieval from internal systems.
• Excellent verbal and written communication skills.
• Detail-oriented with analytical mindset.

Responsibilities

• Ensure reconciliations comply with GAAP and SOX.
• Reconcile PI & TI custodial accounts for investors (FNMA, FHLMC, GNMA, Private MBS).
• Prepare complex reconciliations and test cash.
• Develop and implement process improvements and automation where applicable.

Education

Bachelor’s degree or equivalent

Tools

MSP Passport

Monarch

Data Watch

Excel

Job description

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!Position Summary: The Senior Bank Reconciliation Analyst is responsible for managing and executing all aspects of Selene’s compliance with investor, agency, regulatory (RegAB & USAP) requirements for the reconciliation and clearing of outstanding reconciling items for assigned bank accounts. Ensure GAAP, company finance policies, Sarbanes-Oxley requirements are adhered to and met. Position requires a motivated self-starter able to evaluate processes and identify opportunities for improvements, enhancements and automation as applicable.Essential Duties and Responsibilities: include the following. Other duties may be assigned.Ensure all reconciliation functions are performed in compliance with company, investor and/or regulatory guidelines.Reconciliations of various accounts such as PI & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, Private MBS or Special Servicing.Reconciliation of the Payment & Disbursement Clearing Accounts and ensure the prompt clearing of outages and facilitation of effective process deficiencies.Prepare the more complex reconciliations and test of cash.Ensures strict adherence to the Agency and Private Investor Servicing Agreements, Regulation AB, USAP and other guidelines for timely and accurate reconciling.Assures reconciliation of accounts within 30 calendar- days clearance and reconciliation of items within 30 days from the point of identification.Routinely keeps abreast of latest relevant bank reconciliation, requirement changes.Ensure the timely reconciliation and resolution of appropriately aged items in assigned bank accounts.Ensure that proper internal controls exist and are applied consistently to prevent potential fraud and misallocation of funds.Compliance with controls and policy/procedures for area of responsibility.Develop department process flows while identifying and remediating on any potential process gaps.Act as liaison between departments, IT and/or vendors related to process issues and/or system enhancements.Responsible for facilitation and execution of ad-hoc reporting specific to Bank Reconciliations.Manage remediation of outstanding reconciling items ensure corrective application occurs timely and accurately.Help develop and maintain testing validation documentation for Bank Reconciliation’s process & system enhancements.Retrieve Bank Reconciliation KPI analytics using MSP Passport and Monarch reporting tools.Partner with internal and external business partners as applicable to perform Bank Reconciliation functions.Assist with the management of vendor and investor relationships.Execute on other duties, as assigned.Qualifications: To perform this job successfully, an individual must be able to perform the following satisfactorily; other duties may be assigned. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Qualifications desired for the Senior Bank Reconciliation Analyst are:Requires a high school diploma or general education degree (GED). Bachelor’s degree in related field or equivalent, preferred.Minimum 2 years of experience with payment & disbursement clearing account reconciliation; P&I T&I and bank reconciliation in mortgage servicing.Ability to successfully multi-task while working independently or within a group environment.Ability to thrive in high pressure, ambiguous, short turnaround time environment.Excellent verbal and written communication skillsSuperior analytical and research skills and able to synthesize data.Outstanding attention to detail is required.Possess advanced MS Office Suite Skills (Excel, Word, PowerPoint, etc.)Proficient data retrieval skills using internal system tools, Data watch or Monarch experience; excel intermediate to advanced; run MSP passport, a plus.Possess analytical skills required to research and resolve reconciling item discrepancies.Ability to apply common sense reasoning skills to problem solving and account reconciliation.Solid organizational skills with demonstrated ability to prioritize workflow.Effectively interact with various departments, management, and vendor liaisons.Strong mathematical and reasoning skills are required.Ability to identify, evaluate and promote new technologies based on appropriate needs for line of business.Possess excellent interpersonal skills, coupled with the ability to solicit, and understand the needs of both technical and non-technical users.Must be a strategic thinker with solid overall business and financial acumen who is able to work effectively and cooperatively with others at all levels and varying skillsets.Ability to execute on deliverables with limited to no management guidance.Why Selene?BenefitsSelene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:Paid Time Off (PTO)Medical, Dental &VisionEmployee Assistance ProgramFlexible Spending AccountHealth Savings AccountPaid HolidaysCompany paid Life InsuranceMatching 401(k) PlanThe job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.Privacy Policy - Selene (seleneadvantage.com)