ACBS Cash Reconciliation Specialist

ACBS Cash Reconciliation Specialist

Type: Full-Time
Primary Location: US
Education: Bachelor’s Degree
Salary Range: Remote: $90,000 – $130,000/year plus bonus, benefits & health care

Job Description

We are seeking dedicated and detail-oriented ACBS Cash Reconciliation Specialists to join our team. Candidates must be able to work independently, possess strong problem-solving skills, and have a solid understanding of loan trading and fee structures. This position is open to both onshore and offshore applicants and offers the flexibility to work remotely.

Responsibilities:

• Accurately reconcile a large volume of exceptions related to payments and fees in ACBS, focusing on syndicated loans.
• Efficiently review and process email and fax communications containing loan notices, identifying missing notices, and settling them accordingly.
• Demonstrate a deep understanding of fee structures and notices for syndicated loans to handle complex reconciliation tasks.
• Analyze and resolve issues arising from loan trading, including the muddled allocation of principal and interest payments during loan purchases and sales.
• Collaborate with internal and external stakeholders to address discrepancies and ensure proper reconciliation.
• Maintain a high level of accuracy and attention to detail while working under tight deadlines.
• Adhere to company policies, procedures, and regulatory guidelines to ensure compliance.

#LI-HS1

Job Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field – preferred
• Minimum of 3 years of experience in loan operations, with a focus on syndicated loans and ACBS.
• Strong understanding of the reconciliation process and loan trading.
• Proficient in Microsoft Office Suite, especially Excel, and comfortable using various communication platforms (email, fax, etc.).
• Excellent analytical, problem-solving, and organizational skills.
• Ability to work both independently and as part of a team, and to manage multiple tasks simultaneously.
• Strong interpersonal and communication skills, with the ability to effectively collaborate with various stakeholders.
• Flexibility to work remotely and adapt to different time zones, if necessary.

Prospect 33 is an Equal Employment Opportunity/Affirmative Action Employer. We are a diverse and inclusive company. Great talent is always welcome at Prospect 33 regardless of background, ethnicity, race, gender, sexual orientation, religious views, or even political views.