Metropolitan Commercial Bank Looking for Reconciliation and Reclamation Associate at New York, NY  Full Time

Come work with us:

Metropolitan Commercial Bank, The Entrepreneurial Bank Since 1999, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender. The parent company of Metropolitan Commercial Bank, Metropolitan Bank Holding Corp., is a publicly traded company.

Did you know? Metropolitan Commercial Bank was named by Piper Sandler as one of the Bank & Thrift SMS-All Stars for the year 2022!

About the role:

The Reconciliation and Reclamation Specialist will be responsible for the reconciliation of assigned deposit and general ledger accounts. They will work to identify and resolve any discrepancies to avoid or reduce the Bank’s exposure or loss. Focus includes but is not limited to deposits, ACH and wires.

Duties and responsibilities of the job include the following (but is not limited too):

• Reconcile, balance and provide supporting documentation for a variety of deposit and general ledger accounts. Reconciliation can be daily or on a monthly schedule.
• Research out of balance account conditions and escalate all concerns to senior management.
• Review system generated reports on a daily basis to ensure transactions are accurately processed and non-reconciled accounts are in balance. Work with internal partners to resolve any processing errors immediately.
• Responsible for maintaining complete and accurate daily work files. The files should include supporting documentation for all reconciliations performed, as well as all balancing worksheets.
• Ensure all transactions posted through Zelle are reconciled and create monthly report for distribution.
• Reconcile assigned general ledgers. Research and rectify differences. Provide end of month reconciliation to the Finance Department.
• Support Treasury Reclamation Processing and Notice Distribution.
• Cross-train on other functions within the department as requested.
• Assist department management in various activities as assigned such as, revision or creation of departmental policies and procedures, system testing, and system conversions.
• Other duties as assigned.

Preferred experience, education, and qualifications:

• Good written and verbal communication skills
• Advanced problem solving skills are needed to find solutions to problems that are technically complex and required collection, interpretation, and analysis of data from diverse sources.
• Ability to work as a team player as well as independently
• Strong interpersonal, analytical and problem solving skills
• Perform quality work within determined timeframes
• Interact professionally with other employees, customers, vendors and shareholders
• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
• Work on ad-hoc tasks, assignments and projects as needed

Potential Salary: $65,000 – $70,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.