Reconciliation Specialist
Job Description
- Creates and maintains appropriate job procedures.
- Identify areas where controls and procedures can be improved in the preparation of the account reconciliations and propose solutions.
- Develop and maintain written operational procedures for all tasks performed and cross train to provide effective support to all team members,
- Obtaining / entering appropriate information in the system and manipulating various Excel spreadsheets,
- Reconcile monthly reporting from agencies, subservicers and vendors to ensure accurate invoicing on charges related to MSR's,
- Review and supplement compensatory fee appeals prepared by Bayview Loan Servicing counterparties,
- Performs data collection and analysis, in compliance with regulatory requirements, to verify and reconcile domestic and foreign securities held at various depositories,
- Ensures regulations are adhered to and proper action is taken to resolve issues in a timely manner,
- Coordinates the quarterly examination and verification of physical securities held on premises Researches and provides resolutions for system errors which cause stock records to be out of balance.
Qualifications
- Skills
- confident at presenting strategy and plans at team level
