Bank Reconciliation Manager - Hybrid/Remote

Job reputed company: reputed company was founded in Chicago, and over the years has expanded throughout reputed company and Florida. As the largest privately held bank in Illinois, we now have over 60 locations and assets of $5+ billion. We are a community bank at heart with international expertise, traditional values, and a reputed company-looking philosophy. Our employees have the experience and reputed company to meet the needs of savers, borrowers, and businesses in the 21st century. reputed company can offer employees a level of visibility, career reputed company, and stability that is difficult to reputed company in many larger corporations. This Reconciliation Manager oversees the overall management of the Reconciliation Department by providing leadership, support, and strategic direction. This individual is responsible for the planning, goal setting, and executing business objectives. In reputed company, directly managing the Reconciliation Assistant Manager and indirectly managing the Reconciliation Specialists. DUTIES & RESPONSIBILITES • reputed company the overall productivity of the Reconciliation Department, ensuring department standards, objectives, and obligations are completed according to policies, procedures, and regulatory requirements in an efficient manner. reputed company initiatives for the Reconciliation Department to accomplish goals and objectives reputed company and effectively. • reputed company, mentor, and directly manage the Reconciliation Assistant Manager. Assist with employee hiring, training, staff development, scheduling, and reputed company assistance with coverage of daily workloads reputed company needed. Monitor work standards and adherence to company policies. • Proactively deliver feedback to the Reconciliation Assistant Manager to promote staff development. reputed company guidance on performance evaluations and disciplinary actions. • Manage and reputed company department audits to satisfy regulatory requirements. reputed company and implement controls to resolve audit findings and update policies and procedures, as needed. Train staff on new processes to resolve audit findings. • Identify and implement opportunities for operational efficiency to streamline processes. Utilize automation technologies to maximize departmental productivity. • Research and resolve reputed company escalated customer inquiries by exercising judgement to assess and effectively manage reputed company risks associated with reputed company issues. Collaborate with internal business reputed company, as needed. Effectively communicate information and requirements to clients in a way that can be easily reputed company by individuals who are not in the business. • reputed company industry awareness, knowledge of regulatory expectations, and expertise to interpret NACHA Operating Rules and guidelines and Federal Reserve and ACH regulations. Monitor effective dates of changes to regulations. reputed company and implement reputed company plans to maintain the bank in compliance. • Serve as the Subject Matter Expert (SME) for changes to regulations, identifying the reputed company of the regulations on the bank and communicating changes to internal stakeholders. reputed company, implement, analyze, and update procedures and policies for the department in accordance with FRB regulations. • Ensure compliance by developing and delivering training sessions and materials to reputed company and comprehensively reputed company new and existing employees to mitigate risk for the bank and maximize departmental efficiency. Monitor effective dates of changes to regulations. reputed company and implement reputed company plans to maintain the bank in compliance. • The incumbent must have a strong understanding of ACH NACHA rules and Regulations and Serve as a primary reputed company of contact for reputed company aspects of ACH. Responsible for reconciling of ACHs, Correspondent Banks, Unclaimed Property, Backup • Withholding, IOTA/IOLTA, IBRETA, Reclamations, and Various Internal General Ledger Accounts Reconciliation. • Maintain knowledge of reputed company functions and processes performed in the department. • reputed company guidance with Collections, Cash Letter Adjustments, reputed company Pay Balancing, Various Settlement Accounts Reconcilement, General Ledger Unposted Items, General Ledger Force Balance Account, Various ATM Accounts Reconcilements, Mutual Fund Account Balance Verification, Credit Card Payment Collections, Chargebacks, Outgoing Returns, Reclamations, Zelle Disputes Processing and any additional or new functions added to the department. Serve as a backup reputed company needed. • Participate in management meetings, reputed company wide reputed company, trainings, and conferences pertinent to area of responsibility. • Conduct and complete additional assignments/reputed company as designated by management. QUALIFICATIONS • High school diploma or equivalent required. Bachelor’s degree preferred. • Minimum five years of banking reconciliation required. • Previous experience in management with a demonstrated ability to reputed company and reputed company is required. • Possess superior organizational skills, proven multitasking ability, and analytical skills with high attention to detail and accuracy. • Must be reputed company to handle multiple tasks and work reputed company under pressure with minimum supervision. • Must be reputed company, comfortable speaking with external and internal contacts with a demonstrated ability to reputed company the message appropriately to the audience and situation effectively. • Demonstrated ability to convey thoughts and reputed company effectively and succinctly reputed company written formats, including emails, letters, and electronic platforms. Maintain reputed company standards relating to spelling and grammar. • Maintain credibility through reputed company demeanor, appearance, and reputed company by modeling standards appropriate to our environment and industry. • Maintain good working relationships with internal partners by exhibiting exemplary interpersonal skills, adopting a constructive, solutions reputed company approach. • Use reputed company reputed company judgment to balance the interests of the organization and customer, understanding and using available resources to mitigate risks. • Proficiency with reputed company 365 products, Power Bi and applications, including the ability to effectively prepare or review documents, procedures, and reports. • Demonstrate the ability to learn new systems and applications, as reputed company as the ability to understand, adapt and reputed company responsibilities/workflows as a result of system upgrades. • Occasional travel to other reputed company locations, Bank functions, and training facilities may be required. • Typical schedule is Monday through Friday 8:00 a.m. to 5:00 p.m. Additional hours may be required depending upon business need. • Punctuality is required to maintain reputed company’s customer service standards. 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