ACBS Reconciliation Manager/Team Lead

ACBS Reconciliation Manager/Team Lead

Type: Full-Time
Primary Location: Remote
Education: Bachelor’s Degree
Salary Range: $150,000 per year plus bonus, benefits & medical health

Job Description

We are seeking an experienced and highly organized ACBS Cash Reconciliation Project Manager to lead a team of dedicated specialists. The ideal candidate 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:

• Lead, manage, and mentor a team of ACBS Cash Reconciliation Specialists responsible for accurately reconciling a large volume of exceptions related to payments and fees in ACBS, focusing on syndicated loans.
• Develop and implement efficient processes and procedures for reviewing and processing email and fax communications containing loan notices, identifying missing notices, and settling them accordingly.
• Ensure the team demonstrates a deep understanding of fee structures and notices for syndicated loans to handle complex reconciliation tasks.
• Oversee the analysis and resolution of 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.
• Monitor team performance to maintain a high level of accuracy and attention to detail while working under tight deadlines.
• Ensure the team adheres to company policies, procedures, and regulatory guidelines to maintain compliance.
• Manage project timelines, resources, and risks, and report progress to senior management and other stakeholders.

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Job Requirements

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in loan operations, with a focus on syndicated loans and ACBS.
• At least 3 years of experience in project management, preferably in financial services or a related industry.
• 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.
• Proven ability to lead and manage a team, and to coordinate 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.

If you are interested in joining our team as an ACBS Cash Reconciliation Project Manager, please submit your resume, along with a cover letter outlining your relevant experience and availability.

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.