Settlement and Reporting Analyst

Objective

*Hybrid Position*

The Settlement and Reporting Analyst is responsible for the accurate and timely completion of various deposit and loan operational accounts, invoices, and reporting.

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

Responsibilities/Duties

• Accurate completion of assigned deposit and loan accounts on a daily, monthly or quarterly basis for submission to the Accounting department.
• Identify outstanding items in all accounts and communication differences to appropriate department so items are resolved in a timely manner.
• Maintain a good working relationship with other internal departments throughout the Bank.
• Maintain an in-depth knowledge of the various loan and deposit systems, their interfaces and how transactions impact various settlements and reporting.
• Work with the Settlement and Reporting Manager to gather additional data information from Bank’s data mart and/or system vendor to produce additional reporting, as needed.
• Adhere to all Bank policies and best practices as well as ensure procedures are current and accurate.
• Process monthly third-party invoice, reporting and settlements.
• Participate in testing of systems, both core and third-party, during annual releases and system upgrades as needed.
• Make decisions based on the analyzing of various data output including but not limited to system and settlement reports. Decisions relating to daily production are defined by policies and procedures. All other decisions will be made with the oversight of the manager.
• Assists in the development of new business for Firstrust. Is alert to expressed customers/prospect needs to suggest appropriate services. Directs customers to appropriate person to establish business relationships.
• Other duties as assigned

Essential Functions

While performing the essential functions of this position, the employee may be required to ascend/descend stairs and work atop a small ladder to store and retrieve files.  The employee will need to position self to lift up to 20 pounds of materials for file maintenance.   The worker sits most of the time; however, some amount of mobility is necessary to accomplish tasks.  The ability to communicate and exchange information verbally and written is required.  The incumbent will operate a computer terminal and phone with repetitive motion, while analyzing or preparing data.  Temperature changes may occur during the workday in the office setting. 

Knowledge - Skills & Abilities

• College degree in accounting, finance, or related field preferred or comparable experience in an operations, accounting or finance role.
• Ability to analyze multiple pieces of data and formulate a sound conclusion.
• Possess strong work habits, attention to detail and ability to work on a team
• Intermediate to advance knowledge of MS Office Suite
• Strong organizational and accounting skills
• Ability to multi-task with an excellent degree of versatility and flexibility.