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FIS · 2 weeks ago

Settlement Analyst II

Milwaukee, WI

Full-time

Hybrid

Entry, Mid Level

2+ years exp

FIS is a leading fintech company that powers the world’s economy through innovative technology. The Settlement Analyst II role involves balancing and reconciling settlement activities for EFT and EBT business, ensuring smooth operations and positive client experiences.

BankingFinancial ServicesFinTechPayments

Responsibilities

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 manner and assists with variance resolution as needed

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

Qualification

Settlement experienceCash managementAccount reconciliationBanking knowledgeData analysisMicrosoft ExcelBusiness judgementRisk awarenessAttention to detail

Required

Bachelor's degree or the equivalent combination of education, training, or work experience

2+ years of experience in Settlement

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

Proficient in the use of Microsoft Excel

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