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31 Oct 2023

Full-Time Settlement Representative I (Req#2383)

Eastern Bank – Posted by Eastern Bank Massachusetts, United States

Job Description

Reconciles Branch cash for all branches

  • Daily performs a reconciliation of 90+ branch cash recaps (the recap lists the beginning cash, cash ins, cash outs and ending cash for each teller within the branch) to the Item Processing System, identifies differences and creates general ledger entries to correct them.

Reconciles the savings/Item Processing variance general ledger account

  • Performs all reconciliations between the Savings transactions processed by the tellers on the Deposit system to the deposit/withdrawal tickets sent and processed through Item Processing.

Reconciles loan transactions in process accounts

  • Performs all reconciliations between the transactions posted by all users on the Loan system and entries posted to the general ledger.

Reconciles deposit transactions in process accounts

  • Performs all reconciliations between the transactions posted by all users on the Deposit system and entries posted to the general ledger.

Reconciles ATM/MC Settlement

  • Compare various ATM and Cardbase reports to transactions posted by branch personnel and other department users to tickets processed through Item Processing.
  • Ensures that all amounts in the suspense account are proper.
  • Reconciles internal deposit accounts
  • Distributes general ledger entries and posts transactions online to correct customer accounts.

Other duties as required

About Us

Committed. Inclusive. Courageous. Eastern Bank has built a legacy of investing in the communities we serve and helping our customers, communities and employees thrive and grow. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.

As a large full service commercial bank in the Greater Boston area, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.

As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.

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How to Apply

If you will like to learn more and apply, use the link below: https://gka.fa.us1.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX/job/2383/?utm_medium=jobshare

Job Categories: Equal Opportunities. Job Types: Full-Time. Job Tags: #FinanceAccounting&Audit and Banking. Salaries: Not Disclosed.

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