Deposit Operations and Reconciliation Analyst

Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become of the most successful banks in Massachusetts with more than $4 billion in assets, more than 400 team members, 7 branch offices, and annual mortgage originations of over $5 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
Reporting to the VP of Banking Operations, The Deposit Operations and Reconciliation Analyst participates in projects related to process improvement, optimization, and project implementations in support of the Deposit Operations team. This team member is also responsible for meticulously examining transaction records to prepare daily and monthly bank reports and investigate and resolve reconciliation discrepancies that are complex in nature in a timely manner.
Responsibilities

• Analyze and derive insights from large amounts of data to develop automations and support optimal performance.
• Be meticulous when it comes to testing new processes and preparing documentation and reports.
• Responsible for the analysis, completion, and presentation of monthly board reporting for transactional products and services.
• Meticulously examine transaction records to prepare daily and monthly bank reconciliation reports.
• Identify, investigate, and resolve transactions and discrepancies that are complex in nature in a timely manner.
• Prepare and maintain reports that detail both reconciled and unreconciled differences.
• Collaborate with the Accounting Team to enhance the integrity of the data and resolve discrepancies.
• Prepare for audits by implementing and adhering to internal controls and compliance requirements.
• Develop action plans and recommendations based on knowledge acquired researching the competitive marketplace, business processes and other dynamics impacting the supported business units.
• Work with the VP and management team to establish key performance indicators, identify problems and shortfalls, and propose solutions to optimize performance.
• Assists in mapping and flowcharting of operational processes to continually challenge the status quo

Qualifications

• Bachelors degree; focus in Business Analytics or Accounting desired.
• 1 year of data reporting or business analyst experience in either banking or financial industries preferred.
• Advanced skills in Word, Excel (e.g. macros, VBA, pivot tables), PowerPoint and Visio (e.g. flow diagrams). Experience with other database and data reporting software such as MySQL, Microsoft SQL, Power BI, Snowflake etc. a plus.
• Strong verbal and written communication skills.
• Possesses the ability to interact professionally with all levels within the organization.
• Has an entrepreneurial spirit and the ability to develop innovative ideas and solutions.
• Very detail oriented and strong analytical skills.

Leader Bank offers an excellent compensation and benefits package including: 401k plan with corporate match, medical and dental insurance, and the opportunity to work for a fast growing organization.
Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.