Senior Bank Reconciliation Analyst

This is a fully remote position, open to applicants in Florida, +2 more states.

📋 Description

• Oversee and implement Selene's compliance with investor, agency, and regulatory obligations related to the reconciliation and clearing of outstanding items for designated bank accounts.

• Ensure compliance with GAAP, company finance policies, and Sarbanes-Oxley regulations.

• Conduct reconciliations in accordance with company, investor, and regulatory standards.

• Reconcile PI & TI custodial accounts for investors, including FNMA, FHLMC, GNMA, Private MBS, or Special Servicing accounts.

• Reconcile Payment & Disbursement Clearing Accounts and swiftly resolve any outages.

• Prepare intricate reconciliations and cash tests.

• Reconcile accounts and items within the stipulated 30-day timeframes.

• Monitor changes in relevant bank reconciliation requirements.

• Ensure prompt reconciliation and resolution of aged items in assigned bank accounts.

• Maintain and implement internal controls to prevent fraud and misallocation of funds.

• Develop departmental process flows and identify as well as rectify process gaps.

• Collaborate with other departments, IT, and vendors regarding process issues and system improvements.

• Facilitate and carry out ad-hoc Bank Reconciliation reporting.

• Oversee the remediation of outstanding reconciling items, ensuring timely and accurate corrective actions.

• Develop and sustain testing validation documentation for the Bank Reconciliation process and system enhancements.

• Extract Bank Reconciliation KPI analytics using MSP Passport and Monarch reporting tools.

• Partner with both internal and external business stakeholders to execute Bank Reconciliation functions.

• Assist in managing relationships with vendors and investors.

• Perform other assigned responsibilities.

⛳️ Requirements

• High school diploma or equivalent general education degree (GED) is mandatory.

• Bachelor's degree in a relevant field or equivalent experience is preferred.

• At least 2 years of experience in payment & disbursement clearing account reconciliation, P&I/T&I, and bank reconciliation within mortgage servicing.

• Ability to multitask while working autonomously or as part of a team.

• Capacity to excel in high-pressure, ambiguous situations with tight deadlines.

• Exceptional verbal and written communication skills.

• Strong analytical and research abilities with a knack for synthesizing data.

• Remarkable attention to detail.

• Advanced skills in MS Office Suite, including Excel, Word, and PowerPoint.

• Proficient in data retrieval using internal system tools.

• Experience with Datawatch or Monarch is advantageous.

• Intermediate to advanced Excel capabilities.

• Familiarity with MSP Passport is a plus.

• Analytical skills to investigate and resolve discrepancies in reconciling items.

• Practical reasoning skills for problem-solving and account reconciliation.

• Strong organizational skills and ability to prioritize tasks effectively.

• Ability to interact efficiently with departments, management, and vendor contacts.

• Strong mathematical and logical reasoning abilities.

• Capability to identify, assess, and advocate for new technologies based on business needs.

• Excellent interpersonal skills with the ability to comprehend the needs of both technical and non-technical users.

• Strategic thinking complemented by strong business and financial insight.

• Ability to work effectively and collaboratively with individuals across various levels and skill sets.

• Capacity to deliver results with minimal to no management oversight.

🏝️ Benefits

• Paid Time Off (PTO)

• Medical, Dental & Vision coverage

• Employee Assistance Program

• Flexible Spending Account

• Health Savings Account

• Paid Holidays

• Company-paid Life Insurance

• Matching 401(k) Plan