Sr. Reconciling Clerk

Company: Valley Bank
Location: Wayne
Posted on: May 12, 2022

Job Description:

The Senior Reconciling Clerk will be responsible for the daily processing of duties assigned to the Reconciliation Department. - This includes reconciling various bank accounts, American Express processing and reconciliation, TRECS maintenance processing, reactivating customer accounts, ICS processing and reconciliation, CDARS processing and reconciliation, escrow processing and reconciliation, withholding, safe deposit, remote ATM Reconciliation, escheat preparation. Responsibilities include but are not limited to:

• Reconcile various internal accounts (remote ATM, departmental GLs, bank checks, etc.).
• Update customer accounts.
• Process TRECS maintenance.
• Review ICS accounts and process orders and entries.
• Process CDARS orders and process entries.
• Process new account deposits and existing account withdrawals for custodial escrow accounts.
• Perform customer maintenance as needed.
• Investigate and correct differences related to processing and requested by attorneys and landlords by performing research either electronically or manually reviewing the paperwork.
• Process safe deposit transactions and assist branches with inquiries.
• Investigate and resolve withholding related items (TIN related and otherwise), including preparing customer notices and IRS filings (B-Notices, C-Notices, etc.).
• Prepare various reports (daily, monthly, for management review, for customers/agencies).
• Prepare American Express Settlement.
• Assist with department projects (system releases, conversions, etc.).
• File.
• Assist as needed in Department or Operations.

Keywords: Valley Bank, Wayne , Sr. Reconciling Clerk, Other , Wayne, New Jersey