Sr. Reconcilement Services Specialist

Join Our Team at Cathay Bank

Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank – we strive to provide a caring culture that supports your aspirations and success. We believe people are our most valuable asset and we proudly foster growth and development empowering you to achieve your professional goals. We have thrived for 60 years and persevered through many economic cycles due to our team members' drive and optimism. Together we can make a difference in the financial future of our communities. Apply today!

General Summary

Under some supervision and following established policies and department procedures responsible for back office bookkeeping and multiple accounting support functions associated with branch deposit operations and loan operations, including the following functional duties.

Essential Functions

• Perform multiple complex due from bank, ATM balancing, ACH, and reconciliations of other assigned accounts and general ledgers related to deposit functions.
• Identify out of balance conditions, coordinate remediation with applicable branch or department and compile supporting documentation for accounts and general ledgers.
• Responsible for the balancing and reconciliation of Cash Vault GL and post currency and coin adjustment.
• Handle complicated inquiries from branches, departments, Bookkeeping Clerks and auditors regarding reconciliations and adjustments.
• Perform monthly certifications of various assigned accounts.
• Primary back up to prepare and submit periodic and annual Federal and State Tax reporting for deposit related transactions and accounts.
• Primary back up for Loan Control reconcilements and coordination of research and resolution of required adjustments for out of balance conditions.
• Primary back up for Form 59 and 59E FHLMC P&I and T&I balancing.
• Primary back up for Prefunding checking reconciliation, Bank Checks balancing & Union Bank reconciliation. Also communicating with multiple banks for resolution and guiding branches on actions to resolve adjustments.

Qualifications

Education: High school graduate. Some college preferred, but not mandatory. Experience: 2-4 years banking experience in a branch or back-office centralized operations environment, with an emphasis on accounting or bookkeeping. Skills/Ability: Excellent math skills, analytical, detail oriented and the ability to identify and evaluate irregular or suspicious transactions. Strong communication skills and ability to effectively interact with Bank and Correspondent Bank personnel. Proficient computer skills and use of MS Word and Excel.

Other Details

$24.96 – $26.39 / hour Pay determined based on job-related knowledge, skills, experience, and location. This position may be eligible for a discretionary bonus.

Cathay Bank offers its full-time employees a competitive benefits package which is a significant part of their total compensation. It is our goal to provide employees with a comprehensive benefits package to fit their needs which includes, coverage for medical insurance, dental insurance, vision insurance, life insurance, long-term disability insurance, and flexible spending accounts (FSAs), health saving account (HSA) with company contributions, voluntary coverages, and 401(k).

Cathay Bank endeavors to make accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact, Mickey Hsu, FVP, Employee Relations Manager, at View phone number on click.appcast.io or View email address on click.appcast.io . This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.