Reconciliation Analyst I

Posted Yesterday
Be an Early Applicant
2 Locations
In-Office
47K-60K Annually
Mid level
eCommerce • Fintech • Information Technology • Payments • Financial Services
At Fiserv, we aspire to move money and information in a way that moves the world.
The Role
Performs daily reconciliations of Wire and ACH settlements, analyzes bank data and financial records, identifies discrepancies, processes correcting entries, provides cash projections, escalates settlement issues, maintains reconciliation records, supports process improvements, and cross-trains team members.
Summary Generated by Built In

Calling all innovators – find your future at Fiserv.

We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we’re involved. If you want to make an impact on a global scale, come make a difference at Fiserv.

Job Title

Reconciliation Analyst I

What does a Reconciliation Analyst do at Fiserv?

As a Reconciliation Analyst in the Settlement Controls and Solutions Team (SCS), you will assist in ensuring accurate account reconciliation and identifying discrepancies through the analysis of transactions made on different card networks, such as debit, credit, fees, and chargebacks. You will leverage methodical precision to examine bank statements, general ledgers, and other financial data to evaluate discrepancies and escalate issues, as needed. You will collaborate with cross-functional teams to implement solutions, assist in creating procedures for new business as needed, and drive positive change to processes and tasks we support.

What you will do:

  • Monitor and perform complex daily reconciliations and analysis of bank data for Wire and ACH settlements, identifying and resolving discrepancies as needed

  • Work internally to process correcting entries to clients using automated tools as well as manual adjustments

  • Accurately provide daily cash projections and report funding position changes to Treasury throughout the day

  • Proactively escalate reporting and settlement issues to the appropriate team and facilitate timely resolution

  • Collaborate with management and senior leadership on strategic matters

  • Maintain accurate record of any reconciliation-related issues

  • Actively participate in cross-training associates to further team expertise

  • Partner with process owners and management on recommendations for process optimizations

What will you need to have:

  • Experience in Accounting, Bookkeeping, Reconciliation, Banking, and/or similar discipline

  • Experience in data analysis

  • 4+ years of an equivalent combination of education, work and/or military experience

What would be great to have:

  • Bachelors degree

  • Experience in interpreting financial anomalies, reconciling financial records, identifying discrepancies, ensuring accurate treasury functions, and/or similar discipline

  • Ability to lead and direct other associates within a team setting

  • Proficient with Microsoft Office 365, Power BI, SQL, or Power Automate

  • Specialized certifications such as CTP

How you’ll work:

  • This role is on-site Monday through Friday in Hagerstown, MD, Coral Springs, FL or Berkeley Heights, NJ. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding experience and leads to stronger productivity.

  • This role requires use of a computer and audio equipment.

Sponsorship:

  • You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.

Benefits at Fiserv:

  • Fuel Your Life program to support your physical, financial, social, and emotional well-being

  • Paid holidays and generous time away policies

  • No-cost mental health support through Employee Assistance Programs

  • Living Proof program to recognize your peers’ extra effort with points redeemable for rewards

  • Eight Employee Resource Groups to foster a collaborative culture and expand your network

  • Unparalleled professional growth with training, development, and internal mobility opportunities

  • Medical, dental, vision, life, and disability insurance options available from day one

  • Retirement planning and discounted shares with the Employee Stock Purchase Plan

  • Tuition assistance and reimbursement program

  • Paid parental, caregiver, and military leave

#LI-JR1

Salary Range:

$47,000.00-$60,000.00

These pay ranges apply to employees in Maryland. Pay ranges for employees in other states may differ. Certain Positions are Commissions eligible.

It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.

Thank you for considering employment with Fiserv.  Please:

  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:

Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law. 

If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact [email protected]. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv’s Disability Accommodation Policy for additional information.

Note to agencies:

Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.

Warning about fake job posts:

Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.

Skills Required

  • Experience in accounting, bookkeeping, reconciliation, banking, or a similar discipline
  • Experience in data analysis
  • Four or more years of equivalent combined education, work, and/or military experience
  • Valid and unrestricted U.S. work authorization without current or future sponsorship requirements
  • Bachelor's degree
  • Experience interpreting financial anomalies and reconciling financial records
  • Experience identifying discrepancies and supporting accurate treasury functions
  • Ability to lead and direct associates within a team setting
  • Proficiency with Microsoft Office 365, Power BI, SQL, or Power Automate
  • Certified Treasury Professional certification

Fiserv Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fiserv and has not been reviewed or approved by Fiserv.

  • Healthcare Strength Healthcare coverage is positioned as comprehensive, spanning medical, dental, and vision options alongside disability, life, and mental-health support resources. The offering is further reinforced by wellness programming and access to an employee assistance program with counseling.
  • Leave & Time Off Breadth Time-off support appears broad, including paid holidays, sick time, and policies framed as well-being or recharge time. Parental leave and other leave types such as bereavement are also described as part of the overall package.
  • Retirement Support Retirement benefits include a 401(k) plan with company matching and, for some legacy populations, access to a defined benefit pension plan. Equity-related programs such as an employee stock purchase plan are also described as available for eligible employees.

Fiserv Insights

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The Company
HQ: Milwaukee, WI
41,000 Employees
Year Founded: 1984

What We Do

Fiserv, Inc. (NYSE: FI) is a leading global provider of payments and financial services technology solutions, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

Why Work With Us

As a global leader in payments and financial technology, we proudly serve clients in more than 100 countries. As one of Fortune® magazine's "World's Most Admired Companies™" 9 of the last 10 years, one of Fast Company’s Most Innovative Companies, and a top scorer on Bloomberg’s Gender-Equality Index, we are committed to innovation and excellence.

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