Mechanics Bank · 1 day ago
Sr. Investor Accounting Specialist
Federal Way, Washington
Full-time
Onsite
Senior Level
$70K/yr - $101K/yr
5+ years expMechanics Bank is currently searching for a Sr. Investor Accounting Specialist to join our team at our Federal Way Operations Office in Washington. The Sr. Investor Accounting Specialist is responsible for meeting investor reporting and remitting requirements as well as internal and external audit requests, working with major investors and providing high-level service to all customers.
BankingFinancial ServicesWealth Management
Responsibilities
Reporting, remitting and reconciliation for assigned investors. Monitor and/or reconcile investor custodial accounts and MSP clearing accounts. Assist with the review of the monthly reconciliations of investor custodial and clearing accounts for appropriate documentation and identification and resolution of differences. Complete all reporting, remitting and reconciliations according to established timeframes
Support department management in maintaining internal controls and regulatory compliance to include the following: - Review new servicing agreements and research and implement procedures for new investors using knowledge of investor procedures, remittance and reporting requirements. - Keep informed of current compliance issues and regulations to ensure controls are maintained on all existing and new products and services. - Participate in and provide training in regulatory and compliance issues as needed - Develop and maintain appropriate written policies and procedures to facilitate compliance
Provide assistance, direction and leadership to Investor Accounting team when faced with reconciling items, procedure problems, new enhancements, and different technologies. Escalates issues to management as appropriate. Assist with research and development of a plan for the Investor piece of any loan conversion, acquisition or sale Mechanics Bank may be involved with
Coordinate gathering of documentation packages as required by internal/external auditors and submission of completed packages by requested deadlines
Qualification
Required
Minimum 5 years of Investor Accounting Specialist experience
Accounting experience or strong understanding of the concept of general accounting rules
Experience and familiarity with MSP or similar Service Bureau Accounting system
Advanced knowledge of Excel, Word and/or Access
Must be versatile, with ability to prioritize a number of duties at once
Basic keyboard, typing, 10-key by touch, and P/C experience
Have excellent communication skills, both written and verbal
Possess strong problem solving and organizational skills
Preferred
Associate degree or minimum 2 years of education
Minimum 5 years of Investor Accounting Specialist experience
Knowledge and experience with Windows, Excel and Word
Benefits
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Company
Mechanics Bank
Mechanics Bank is a full service community bank that offers a wide range of financial services.
Founded in 1905Richmond, California, USA
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2022-09-01Acquired
2003-01-10IPO
Leadership Team
E
Edward Downer
Chairman Emeritus
Recent News
2025-10-17
Business Wire
2025-10-17
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