Apply on Employer Site

Arvest Bank · 3 hours ago

IAS Reconciliation Specialist 1

Lowell, AR

Full-time

Onsite

New Grad, Entry Level

$21.89/hr - $26/hr

Arvest Bank is a financial institution that offers a comprehensive suite of benefits. The IAS Reconciliation Specialist 1 is responsible for preventing loss through analysis and reconciliation of accounts, ensuring accuracy, and providing support to branch associates.

BankingFinanceFinancial Services

Responsibilities

Reconcile, analyze and review low to moderately difficult Arvest general ledger accounts to ensure that they are in balance. Determine the proper solution when errors or improper amounts are found and make necessary adjusting entries

Ensure that all offages are cleared in a timely manner that minimizes risk of loss to the bank and complies with audit and examiner standards

Complete thorough research and analysis to develop solutions to complex and non-routine reconciliation issues while taking into consideration potential impact to customers and to other departments

Download and compare transaction reports on a daily basis

Research and resolve customer or general ledger balancing outages of

Maintain a working knowledge of all account reconciliations performed within the department and serve as a back-up when others are out

Provide branch associate support via telephone and email. Provide direction to these associates in solving non-routine reconciliation issues, perform research and evaluate problems to determine best course of resolution

Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity

Support and uphold the Arvest Mission Statement

Uphold the Arvest Code of Ethics and ensure that confidential information is safeguarded

Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service

Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the company’s overall operation

Promote professionalism at all times

Qualification

Accounting principlesAnalytical skillsBank operationsCommunication skillsOrganizational skills

Required

Bachelors degree in Accounting or Finance or relevant work experience required

Thorough understanding of accounting concepts and principles, bank operations and procedures required

Excellent organizational and analytical skills required

Strong written and oral communication skills required

Must be able to arrive at work on time, work on site and have regular work attendance

Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style

Must be able to provide cordial customer service regardless of customer personality, presence or communication style

Must be able to perform several tasks at once

Must be able to work in a stressful atmosphere

Must be able to rotate job tasks

Must be able to occasionally work overtime

Must be able to greet others cordially

Must be able to coordinate multiple and changing priorities

Must be able to move from department to department or bank to bank to attend meetings

Must be able to dress according to dress code at the operations center and when visiting banks, associate will be required to dress according to that regions dress code

Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation