Settlement Analyst I

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Type Of Hire :

Education Desired :

Job Description

We are FIS. Our technology powers the world's economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients and communities. If you're ready to start learning, growing and making an impact with a career in fintech, we'd like to know: Are you FIS?

Role Location is Brown Deer, WI: Hybrid (three days in-office, two days virtual)

About the role:
In this role you will be part of an exciting group, dedicated to the balancing and reconciling settlement activities for the Debit Card business. This role also requires a fair degree of interaction and networking with our business counterparts to trouble shoot any issues that may arise and/or assist in successfully navigating through the waters of constant change. Our team's focus is on internal and operational controls for very large volumes of monetary activities and is committed to provide the best experience to our internal and external clients by encouraging positive culture, teamwork and simplifying processes.

What you will be doing:

• Utilizes internal and external settlement systems and data to prepare and complete balancing schedules and cash account reconciliations

• Utilizes settlement systems/data and bank-provided systems to prepare and record general ledger journal entries Monitors and/or processes payments and payment files in conjunction with settlement procedures and policies. Analyzes and researches variances; provides logical/concise explanations for variances and/or fluctuations in a timely

• Analyzes and researches variances; provides logical/concise explanations for variances and/or fluctuations in a timely manner and assists with variance resolution as needed.

• Works with internal and/or external clients and service providers to resolve out of balance conditions, fund movement errors and/or transaction processing inquiries

What you will need:

• Bachelor's degree preferred

• Typically requires a minimum of two years of experience in an office setting with settlement operations or banking experience or equivalent experience in a related field of study.

• Knowledge of cash management, financial analysis, account reconciliation and balancing processes

• Knowledge of banking and transaction processing (i.e. ACH and wire processing) including concepts and principles - demonstrates industry and technical capability

• Ability to analyze data, explain results and demonstrates good business judgement

• Proficient in the use of basic office equipment and tools as well as applications specific to settlement systems/processes

• Attention to detail, accuracy; ability to maintain confidentiality - demonstrates risk awareness and compliance

What we offer you:
At FIS, we are as committed to growing our employees' careers as our own business. We offer:
* Opportunities to innovate in fintech
* Inclusive and diverse team atmosphere
* Professional and personal development
* Resources to contribute to your community
* Competitive salary and benefits

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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