Associate, Corporate Reconciliations

If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.  

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

Under the direction of Manager, Corporate Reconciliations this key position will collaborate with functional groups to support the banking centers, Deposit Operations and Accounting Departments by performing specialized accounting duties and assigned day-to-day tasks. In this position, you will coordinate the researching, posting and correction of reconciling items in collaboration with the Fiserv Item Processing Center, Deposit Operations, ACH, and banking centers. Complete the reconciliations of various daily General Ledger and Internal DDA accounts in accordance with the bank’s reconciliation policy. Embrace and deliver Webster Bank brand values in everyday interactions.

Key Responsibilities

*Reconcile various daily General Ledger and Internal DDA accounts in accor-

dance with the bank’s reconciliation policy

• Ensure timely clearing and resolution of unresolved items or differences

• Notify supervisor of any unresolved items

• Prepare daily reconciliation for supervisory review.

• Work with management to increase the level of knowledge of our core systems and identify ways to increase efficiency.

• Communicate with field to disseminate information to users

*Prepare monthly Reconciliations and submit to Manager, Corporate

Reconciliations for approval. Ensure all outstanding items are researched and

supporting documentation provided. Submit all items over 90 days with an

explanation and plan for resolution

*Process BTEs for the team

*Ensure compliance with all regulations, policies, and procedures.

Education/Experience/Skills

• Bachelor’s degree in finance, business, accounting, economics preferred

• 2+ years' reconciliation experience in banking or financial services

• Understanding of ACH, ATM and Proof of Deposit Processing

• Strong analytical and problem-solving abilities, with excellent attention to detail

• Excellent communication skills, both verbal and written, to effectively interact with team members and stakeholders

• Ability to work independently and collaboratively in a team environment

The estimated hourly range for this position is $20.00 USD to $25.00 USD.  Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

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All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.