Settlement and Reconciliation Operations Specialist Position Available In Davidson, Tennessee
Tallo's Job Summary: The Settlement and Reconciliation Operations Specialist role at Ingo Money Inc in Nashville, TN offers an estimated salary range of $48.8K - $58.6K a year. Responsibilities include operating custom software systems, building reconciliation modules, managing accounting for check returns, assembling settlement data, reconciling payment programs, and interacting with banking partners. Required qualifications include strong Excel skills, analytical skills in mathematics, and experience in transaction processing environments. Soft skills such as teamwork and adaptability are also essential for this role. Limited weekend and evening support functions may be required.
Job Description
Settlement and Reconciliation Operations Specialist Ingo Money Inc – 3.0
Nashville, TN Job Details Estimated:
$48.8K – $58.6K a year 17 hours ago Qualifications Microsoft Excel Mid-level Analysis skills Math Pivot tables Account reconciliation Full Job Description Team concept of where daily workflow is shared and rotated with duties focusing on the following areas of deliverables: Operating custom software systems which build, reconcile and process multiple daily large electronic check deposits (Image Cash Letters). 2. Building Reconciliation modules for Check Processing and related Funding obligations used to fulfill internal and external daily settlement and reconciliation requirements. 3. Managing accounting for thousands of monthly check returns, including the processing of initial notifications, corrective actions, redeposits, reconciliation and integrating into daily settlement and reconciliation reporting. 4. Assembling daily settlement data related to Payments Processing Programs, including internal and external reporting. 5. Reconciling Payments Programs to assure that proper settlements are initiated, funds due to processing partners are fulfilled, and that all items processed are completed end to end. 6. Interact with banks that sponsor Payment programs, delivering the daily accounting and reconciliation of activity and instructions for settlement activities. 7. Supporting and interacting with other teams gathering and providing information on transactions and outcomes to facilitate problem resolution Limited weekend and evening support functions. Strong Excel Skills (vlookup, pivot tables, general function use) Analytical Skills in Mathematics Data Validation Skills / Comparison Analysis / Data Mismatch Analysis Exception Management / Tracking / Root Cause Analysis Working under Strick Daily Deadlines Analytical Sills in Account Reconciliation Ability to communicate Exceptions Organized and Proficient in Process-Oriented environments
Understanding of Transaction Processing Environments Experience Desired:
Understanding of Payments Processing Check and Return Check Processing (Banking Related) Online Banking Portal Navigation and Account Reconciliations Familiarity with Reconciling System Generated Transaction Reporting against
Third Party Transaction Reporting Soft Skills:
Teamwork – Coordinating with Others in fast-paced time sensitive environment Adapability – Dealing with changing processes / systems as new requirements evolve
