MUFG Union Bank Account Reconciliation/ Proof Specialist in Tempe, Arizona
Account Reconciliation/ Proof Specialist - 10041798-WD
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020).In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
We're seeking a Transaction Banking Specialist to perform the Proof and Reconciliation and Undeliverable Mail functions at the Bank, which include responsibilities that are time-sensitive and require meticulous record keeping. You will need to reconcile and resolve any discrepancies and provide management with the details necessary to minimize exposure.
To assist the section in achieving its objectives, the Incumbent is responsible for performing the Proof and Reconciliation, and Undeliverable Mail functions. These functions contain responsibilities that are highly ‘time sensitive’ and require meticulous record keeping. The Incumbent is expected to reconcile and resolve any discrepancies, and to provide Management with the details necessary for minimizing exposure.
Proof and Reconciliation
Reconcile Mellon Bank (Controlled Disbursement and Lockbox) accordingly to given reports, ensure the accounts are properly entered, and resolve all discrepancies in accordance with established procedures.
Reconcile the ‘in house’ Bank accounts and resolve all discrepancies in accordance with the established procedures.
Make necessary adjustments in accordance with authenticated instructions and ensure the accounts are properly settled.
Ensure all documents to Head Office are in compliance with their regulations.
Process Proof & Control Proof
Process ACH WIP & UB Proof
Process New York, Chicago, and Los Angeles Inclearing Proof daily
Responsible for processing transactions based on instructions from Front Office and Internal Departments.
Ensure that the instruction received is entered into the OVS System correctly and in a timely matter.
Responsible for the opening and closure of Investigations received by MUFG branches.
Review and process internal and external Customer’s claims, ensuring that adjustments are executed in accordance with procedures and applicable internal regulations.
Log each Investigation daily and the reconciliation of Federal Reserve Bank, and other bank’s discrepancies in accordance with established procedures
- Redirect Mail that has been returned to our NJ/NY mailroom as undeliverable mail.
HS Diploma or Equivalent
Minimum 1-2 years back office operations experience preferred.
Proficiency in MS Word and Excel.
Accounting Skills Preferred
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job : Operations
Primary Location : ARIZONA-Tempe
Job Posting : Apr 30, 2021, 10:12:27 AM
Shift: : Day
Schedule: : Full Time
Req ID: 10041798-WD