Financial Reconciliation Specialist

3 weeks ago


Fort Worth, Texas, United States Colonial Savings Full time
Job Title: Reconciliation Analyst II

Colonial Savings is seeking a highly skilled Reconciliation Analyst II to join our team. As a key member of our Investor Reporting department, you will be responsible for the execution and oversight of investor custodial and servicing clearing bank reconciliations.

Responsibilities:
  • Perform daily and monthly custodial account reconciliations within defined timeframes
  • Identify reconciling items and work with the Investor Reporting team for resolution and escalate items when resolution does not occur within the specified time frame
  • Prepare daily general ledger and custodial bank entries and prepare wire requests
  • Assist in month-end functions
  • Support management in the identification of reporting trends and analyze key deficiencies
  • Research, resolve, and document variances
  • Monitor P&L custodial accounts to ensure no overdrafts occur
  • Ensure compliance with all aspects to Investor, Regulatory, and Company policies and procedures
  • Escalate to management any deficiencies, problems, or concerns that might be a potential risk
Requirements:
  • 3+ years of experience in Investor Reporting, remitting, and reconciliation
  • Hands-on experience with most major areas of mortgage servicing including bank reconciliation and loan research
  • Account reconciliations and/or financial controls experience strongly preferred
  • Knowledge of relevant state, regulatory, and investor guidelines preferred
  • MSP experience a plus
  • Strong knowledge of accounting principles and financial risk
  • Strong analytical and mathematical skills
  • Ability to work in a fast-paced changing environment
  • Excellent critical thinking, problem-solving, and sound judgment skills
  • Proficiency with alphanumeric and high-volume data entry
  • Excellent communication skills
  • Proficient computer skills, Word, and Excel
  • Excellent organizational skills
  • Must be able to work effectively and efficiently under pressure

This position offers a full range of benefits, including Health, Dental, and 401k. Colonial Savings is an Equal Opportunity Employer.



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