Sr.Loan Operations Reconciliation Specialist at b1BANK

Chaoyang District, Beijing, China -

Full Time

Start Date

Immediate

Expiry Date

23 Dec, 25

Salary

0.0

Posted On

24 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Reconciliation, Bank Operations, Payment Channels, Financial Clearing Processes, Microsoft Excel, Banking Systems, Analytical Skills, Time Management, Organizational Skills, Written Communication, Verbal Communication, Reconciliation Tools, Banking Regulations, Enterprise Risk Management, Internal Audit Processes

Industry

Banking

Description

Summary The Senior Loan Operations Reconciliation Specialist is responsible for performing high-volume reconciliations of accounts, ensuring transactional integrity, and supporting the bank’s internal controls. This role plays a critical role in identifying discrepancies, mitigating risk, and maintaining the accuracy of financial records across multiple platforms. Specific Job Functions * Perform daily, weekly, and monthly reconciliations of general ledger accounts, bank transactions, suspense accounts, and payment systems. * Investigate variances and root causes of unmatched items; work with internal departments to resolve discrepancies. * Reconcile cash positions across multiple accounts and financial institutions. * Document and escalate reconciliation exceptions in accordance with internal procedures and regulatory guidelines. * Support audits and examinations by providing timely and accurate reconciliation reports and supporting documentation. * Monitor settlement processes for financial transactions and ensure they are processed in accordance with regulatory and internal timeframes. * Contribute to process improvements and automation initiatives to enhance reconciliation accuracy and efficiency. * Maintain up-to-date knowledge of banking regulations and operational risk best practices. * Backup other quality control functions as needed. Minimum Job Requirements * High school diploma or equivalent is required. 1. Bachelor’s degree in accounting, Finance, or a related field preferred. * 8 – 10 years of experience in a banking, financial services, or similar reconciliation role. * Strong understanding of bank operations, payment channels (ACH, SWIFT, wires), and financial clearing processes. * Proficient in Microsoft Excel and banking/accounting systems (e.g., FIS, Fiserv, Jack Henry, Oracle, SAP). * High attention to detail, strong analytical skills, and ability to identify trends or irregularities. * Excellent time management and organizational skills. * Clear written and verbal communication skills. * Skills: 1. Experience with reconciliation tools or software (e.g., Adra, BlackLine, ReconArt, AutoRek). 2. Familiarity with banking regulations such as FFIEC, FDIC, and SOX. 3. Knowledge of enterprise risk management and internal audit processes. Equal Opportunity Employer/Veterans/Disabled

Responsibilities

The Senior Loan Operations Reconciliation Specialist performs high-volume reconciliations of accounts, ensuring transactional integrity and supporting the bank’s internal controls. This role is critical in identifying discrepancies, mitigating risk, and maintaining the accuracy of financial records across multiple platforms.