What are the responsibilities and job description for the Bank Operations Reconcilement Specialist position at Regions?
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers.
Primary Responsibilities
Prepares daily and weekly reports to review all incoming transfers
Ensures all open items are prioritized and reviewed
Ensures all queries are logged and up to date in the appropriate systems
Clarifies payment details to ensure appropriate funds allocation
Notifies appropriate parties of non-receipts/rejections
Takes corrective action on incorrect payments to reduce potential risk
Assists in handling escalated issues/problems when necessary
Provides advice and guidance to less experienced associates as needed
Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices
This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.
Requirements
High School Diploma or GED
Two (2) years of related banking or operations experience
Skills and Competencies
Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
Ability to work in a fast-paced environment
General knowledge of banking procedures
Proficiency in Microsoft Office (Excel, Word, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Strongly Preferred:
Account Reconciliation Experience – Researching and resolving transaction discrepancies.
Banking or Financial Operations Knowledge – Understanding of payments, transfers, and operational processes.
Strong Attention to Detail – Ability to maintain accuracy in a fast-paced environment.
Microsoft Excel Proficiency – Experience working with spreadsheets, reports, and data analysis.
Organization & Time Management – Ability to prioritize tasks, manage open items, and meet deadlines.
Proximity to Hoover, AL required. This position requires working in the office a minimum of three days each week.
Position Type Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $37,750.00 USD
Median: $44,940.00 USD
Incentive Pay Plans: This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Riverchase Operations Center
Location: Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Bank Operations Reconcilement Specialist is responsible for the daily and weekly reconciliation of payments and transfers.
Primary Responsibilities
Prepares daily and weekly reports to review all incoming transfers
Ensures all open items are prioritized and reviewed
Ensures all queries are logged and up to date in the appropriate systems
Clarifies payment details to ensure appropriate funds allocation
Notifies appropriate parties of non-receipts/rejections
Takes corrective action on incorrect payments to reduce potential risk
Assists in handling escalated issues/problems when necessary
Provides advice and guidance to less experienced associates as needed
Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices
This position requires the tracking of time and is eligible for overtime hours worked in excess of 40 per week under the Fair Labor Standards Act.
Requirements
High School Diploma or GED
Two (2) years of related banking or operations experience
Skills and Competencies
Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
Ability to work in a fast-paced environment
General knowledge of banking procedures
Proficiency in Microsoft Office (Excel, Word, etc.)
Strong verbal, written communication, and organizational skills
Strong work ethic and self-motivation
Strongly Preferred:
Account Reconciliation Experience – Researching and resolving transaction discrepancies.
Banking or Financial Operations Knowledge – Understanding of payments, transfers, and operational processes.
Strong Attention to Detail – Ability to maintain accuracy in a fast-paced environment.
Microsoft Excel Proficiency – Experience working with spreadsheets, reports, and data analysis.
Organization & Time Management – Ability to prioritize tasks, manage open items, and meet deadlines.
Proximity to Hoover, AL required. This position requires working in the office a minimum of three days each week.
Position Type Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum: $37,750.00 USD
Median: $44,940.00 USD
Incentive Pay Plans: This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details Riverchase Operations Center
Location: Hoover, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
Salary : $37,750 - $44,940