Government Payments Analyst

Position Title

Location

Job Summary

Job Responsibilities:

JOB RESPONSIBILITIES

• Perform daily and monthly reconciliation activities across prepaid and digital disbursement programs using reports from third-party vendors
• Maintain and manage daily posting sheets for third-party vendor activity
• Perform comprehensive program reconciliations, including monthly invoice validation and accurate posting to support fee payments
• Develop and document procedures related to third-party vendor reconciliation processes to ensure accuracy and consistency
• Research and respond to customer complaints escalated to the Office of the President

• Leverage internal systems and collaborate with third-party vendors to investigate and resolve issues efficiently
• Provide timely updates and resolution summaries to internal stakeholders

• Prepare month-end uninsured FDIC reporting 
• Support internal governance processes by coordinating cross-functional approvals across Compliance, Legal, and Marketing for program disclosures and requirements.
• Ensure adherence to internal controls, policies, and documentation standards

• Function as a representative of the financial institution with key government stakeholders related to prepaid card and digital pay programs, while proactively addressing inquires and concerns, capturing key takeaways, and driving follow-up actions to keep implementation on track
• Facilitate weekly calls with Digital Pay stakeholders to track portfolio of programs in implementation, proactively address outstanding items and ensure timely resolution
• Assist client / programs with funding to support a successful go-live and ongoing operational needs.
• Support onboarding and ongoing management of federal and state program relationships fostering strong partnerships
• Coordinate with internal and external partners to support program execution and ensure alignment on key deliverables
• Manage monthly client billing with accurate invoices validation and timely submission

• Participate in meetings with prospective clients as appropriate with program partners
• Monitor RFP portals and websites to identify new business opportunities

• Effective coordination across internal teams, third-party vendors, and government partners
• Proactive identification of new opportunities within the public sector
• Collaborate with internal team partners on program management, reporting, compliance efforts and special projects, as assigned.
• Uses independent judgement and discretion to make decisions regarding their duties.
• Analyzes and resolves problems pertaining to government payments

ADDITIONAL ACCOUNTABILITIES

• Performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.  Accountable to maintain compliance with applicable federal, state and local laws and regulations.

JOB REQUIREMENTS

Required Qualifications:

• Education level required: Undergraduate Degree (4 years or equivalent)  Bachelor’s degree in banking/finance related field or equivalent combination of training and experience.
• Minimum experience required: 3+ Years with financial data and reporting.

Job Competencies:

• Strong analytical and organizational abilities with exceptional attention to detail
• Experience in banking operations, payments, treasury, or public sector banking preferred
• Proven ability to manage multiple priorities and consistently meet deadlines
• Excellent communication skills with the ability to effectively manage and influence stakeholders
• Proficiency with financial systems, reporting tools, and advanced Excel usage
• Knowledge of and the ability to apply the fundamental concepts, practices and procedures used in the assigned line of business.
• Good project coordination and organizational skills.
• Strong verbal, written and interpersonal communication and presentation skills.
• A high degree of professional maturity appropriate for interactions with Bank stakeholders.
• Strong attention to detail, a dedication to quality and process discipline, and enthusiasm for learning.
• Willingness to travel if needed. Demonstrates a strong ability to build and maintain effective relationships with stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights. Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.
• Physical demands (ADA): No unusual physical exertion is involved.

Flagstar is an Equal Opportunity Employer 

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment. Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information: Benefits | Flagstar Bank 

Pay Range