Exception Item Processing Reconcilement Clerk
Exception Item Processing Reconcilement Clerk
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$ 41500 - 49500
1 Vacancy
Job Description
By joining our team youll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.
Essential Job Functions:
- Review items on Horizon Posting Reject Journal and repair or refer to appropriate department/branch/ relationship manager(s) for pay / no pay decisions
- Accurately correct transactions by crediting / debiting GL; DDA and saving accounts using Horizon Transaction Processing System
- Refer any account to the supervisor /manager where float needs to be applied if noncash deposit
- Update FIS Image Centre archive daily with paid exceptions
- Review stop suspect report for items rejecting if in a check range or missing check numbers where a stop is on the account. Refer any exceptions to manager for handling
- Perform forensic check signatures verification authenticating checks presented for payment in the amount of $5000.00 and above using FIS Forensic Fraud system
- Refer large dollar exceptions to Channels / Relationship Managers for pay / no pay decisions as necessary
- Process debits to DDA / SV accounts using Chargeback Manager System based returns received from the FED
- Create IRDs for dishonored checks and send to customers. Prepare all debit and credit advices for adjustments to return to customers in accordance with established procedures
- Retrieve notifications using EARNS system of checks dishonored in the amount of $2500.00 and above; hold funds on the account accordingly as per REG CC
- Close Transaction Processing System daily to create return item file through Fidelity Information Systems application to deliver returns to FIS West Deptford for distribution return item to the Endpoint for delivery to the depositing banks
- Reconcile customers DDA statement to Account Reconcilement program systems report on a daily basis
- Perform file maintenance on reconcilement database in a timely manner
- Prepare reconcilement packages for delivery to customers on a monthly basis
- Investigate daily exception items using various computer software packages and prepare adjustment memos to post to the clients account
- Complete full reconcilement reports
- Update tracking logs and activity databases on a daily basis
- Perform daily prescrub of Positive Pay exceptions marking as invalid / valid
- Review customers Positive Pay Decision Report and return checks as instructions or AOTM company default
- Monitor investigate and adjust claims received from internal and external customers
- Review and approve mobile and ATM deposits when applicable
- Perform various administrative duties as directed by Manager
KnowledgeSkills andExperienceRequirements:
- High School diploma or equivalent
- Good mathematical and basic accounting skills
- Ability to handle volume
- Proficiency in Microsoft Excel
- Excellent verbal written and interpersonal communication skills
Our job titles may span more than one career level. The starting base salary for this role is between $41500.00 $49500.00. The actual base pay is dependent upon many factors such as: training transferrable skills work experience business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is anEqual Opportunity and Affirmative Action Employer Minorities / Females / Individuals with Disability / Veterans.AmeriCorps Peace Corps and other national service alumni are encouraged to apply. View ourPay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank we consider an applicant to be someone who has interviewed at least once in person with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.
Effective February 18 2025 employees in officebased positions will be working a Hybrid work schedule consisting of three days or more onsite per week Monday Thursday although the specific days may vary by site or organization with Friday designated as a remoteworking day unless business critical tasks require an onsite presence. This Hybrid work model does not apply to and daily inperson attendance is required for the contact center branch service roles and general services where the work to be performed is located at a Company site; positions covered by a collectivebargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note this Hybrid work model guidance does not apply to roles that have been designated as remote.
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no preexisting agreement is in place. Where agency agreements are in place introductions are position specific. Please no phone calls or emails.
Employment Type
Full Time
