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Banking Services Operations Associate III - IPDS Recons

M&T Bank

Buffalo, NYJob$20.55–34.25/hrSeen todaySeen in employer's feed today

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At a glance

Compensation
$20.55–34.25/hr
Location
Buffalo, NY
Work Authorization
Not specified

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Job overview

The Banking Services Operations Associate III reconciles assigned general ledger accounts and demand deposit accounts, identifies imbalances and unusual or aged items, and researches complex issues. The role prepares accounting reports, resolves reconciliation problems, updates procedures, and supports new business initiatives. It also communicates with internal partners, mentors less experienced staff, and follows financial, audit, compliance, and operational risk controls.

Skills & qualifications

RequiredNice to have

Skills

Account ReconciliationAccounting ReportingProblem ResolutionResearchProcedure UpdatesMentoring

Qualifications

High School Diploma or GED3 Years Relevant Work Experience

Full job description

Overview:

Reconciliation of assigned GL accounts and DDAs timely and accurately. Identify out of balance conditions and unusual or aged items in assigned accounts. Research of complex issues. Participate in projects.

Primary Responsibilities:

  • Timely and accurate reconciliation / reporting of assigned portfolio activity to Finance / Audit / SOX to ensure accurate Financial Statements in accordance with GAAP.

  • Gather and research data to prepare routine accounting reports including daily, weekly and/or monthly departmental reporting assignments.

  • Perform problem resolution to identify issues and escalate as appropriate.

  • Perform research to resolve aged items and system outages on reconciliations escalate as necessary.

  • Communicate with internal cross-functional areas, business partners and investors to assist in resolution of routine inquiries/issues.

  • Update procedures due to changes in process or accounting requirements with input from Operational Accountant III, IV or Manager.

  • Participate in responsibilities associated with new business initiatives under Manager’s direction.

  • Mentors and trains less experienced staff on routine task and questions

  • Adhere to established policies, procedures and limits focusing on observable breaches in Corporate Risk policies.

  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

  • Promote an environment that supports belonging and reflects the M&T Bank brand.

  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

  • Complete other related duties as assigned.

Education and Experience Required:

HS Diploma/GED

Plus 3 years relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.

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