Operations Reconciliation Specialist II (Finance)

Job Summary

The Operations Reconciliation Specialist II ensures that all loan and deposit system activity is balanced and accounted for. They also process the daily and monthly review and audit of cash movement across deposit, loan, and general ledger accounts, and reconcile the corporate & investor accounts. 

Key Responsibilities / Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Processes daily cash settlement of deposit and loan system activity.
• Processes daily corporate deposit account settlement for consumer loan system portfolio activity.
• Processes monthly general ledger settlement for deposit and loan system activity.
• Processes monetary transactions to clear any settlement outages.
• Reviews daily and monthly system generated reports to resolve any exceptions.
• Reviews and balances investor general ledger and deposit accounts.
• Assists teammates with proper transaction handling to prevent settlement outages.
• Works with other departments within the bank to resolve settlement outages.
• Reviews and reconciles activity on investor portfolio to ensure all requirements pertaining to specific investors are met.
• Reconciles investor portfolios and ensures all reporting is submitted to investor within strict deadlines.
• Performs bank reconciliation of various investor and loan servicing accounts, resolving any out of balance conditions.
• Ensures loan level accuracy on core operating system.
• Responds to investor inquiries and perform research.
• Assists with internal and external audit responses.
• Researches, understands, and ensures compliance with servicing agreements and regulatory guides.
• Serves as a backup to other Loan Servicing teammates.
• Balances individual transactions processed throughout the day and participates in departmental balancing of check requests, credit card activity and official checks.
• Maintains confidentiality and security of sensitive information.
• Adheres to all corporate policies and procedures, Federal and State regulations, and laws.
• Completes all mandatory annual compliance training.
• Follows regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering and other unlawful activities, as well as regulations pertaining to lending and consumer compliance to include fair lending laws.
• Performs other duties and special projects as assigned.

Job Requirements

Education:

• High School Diploma or equivalent.

Required:

• 3+ years previous monetary balancing or reconciliation experience.
• 3+ years previous mortgage loan servicing experience.
• Proficient computer skills and the ability to utilize MS Office applications.
• Ability to follow written policies and procedures to ensure operational efficiency and regulatory compliance.
• Ability to manage multiple tasks in a fast-paced environment to meet all designated deadlines.
• Strong oral and written communication skills.
• Exceptional attention to detail.
• Ability to self-motivate and work independently.
• Ability to work well in a team environment.

Preferred:

• Previous investor reconciliation or accounting experience.

About HomeTrust Bank

HomeTrust Bank, founded in 1926, is a North Carolina chartered, community-focused financial institution committed to providing value-added community banking through online/mobile channels and multiple locations in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. Learn more at www.htb.com. Apply today to take your first steps towards joining this talented population of employees within a growing organization. 

Work Environment, Physical Requirements  

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.  HomeTrust Bank promotes an equal employment opportunity workplace which includes reasonable accommodation of qualified applicants and employees.

• This job operates in a professional office environment and routinely uses standard office equipment such as computers, phones, photocopiers, and fax machines.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• Physical activity requiring reaching, sifting, lifting up to 25 lbs., finger dexterity, grasping, feeling, repetitive motions, talking and hearing are required.
• The employee will frequently communicate and must be able to exchange accurate information with others.
• The employee may need to move around their office to attend meetings and to access files, machinery or other job-related tools.

DISCLAIMER:  HomeTrust Bank is an evolving company.  As such this job description is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job.  While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

HomeTrust Bank values and promotes diversity and inclusion in every aspect of our business and at every level within the company. We recruit, hire, and promote employees based on their individual ability and experience and in accordance with Affirmative Action and Equal Employment Opportunity laws and regulations. Our policy is that we do not discriminate on the basis of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, physical or mental disability, pregnancy, marital status, status as a protected veteran, or any other status protected by federal, state, or local law.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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