Controls Representative - Hermitage, PA

Company: First National Bank (FNB Corp.)
Location: Hermitage
Posted on: June 24, 2022

Job Description:

Primary Office Location:

3320 East State Street. Hermitage, Pennsylvania. 16148.

Join our team. Make a difference - for us and for your future.

Position Title: Controls Representative

Business Unit: Finance

Reports To: Supervisor of Controls

Position Overview:

This position is primarily responsible for mitigating risk to the Corporation and all of its subsidiaries. The reconcilements and operational processes completed by this position carry a very high level of risk for internal and external fraud along with the potential for significant financial loss to the Bank with any public or regulator repercussions that may follow. The employee is to mitigate these risks by understanding the reconcilement process, reporting, responding to, and escalating anything they see as a suspicious while completing their duties.

Primary Responsibilities:

Gathers and compiles information from reports, statements, internal and external sources to prepare and balance assigned reconcilements. Recons include General Ledger, Deposits, Loans, Correspondent Bank, Vendor accounts, and Application Balancing. Some of the accounts included in this category are the Federal Reserve, Mellon, Dunbar, Fixed Assets, Accrued Other, ATM In Process, and LIP's.

All Correspondent Check adjustments for the entire Bank are complete in this area. The employee is to research overdue fund situations by gathering information from outside sources such as FedLine, Mellon, or Other and the internal ITI systems to determine what adjustments are needed to collect on the funds and then submits the adjustments and collect the funds from the appropriate institution.

Completes Operational Functions such as balancing Cash Advance, CRS (Internal Checks such as Official Checks, Money Orders, and A/P) and Travelers Cards. Sends communications to the branch or vendor to resolve any out of balance situations. Processes all Foreign and Domestic collection items such as Foreign Checks or suspicious negotiable instruments for the entire Bank.

Processes information quickly, accurately and in an organized manner while maintaining the flexibility to multi-task and effectively prioritize work load with any time restraints caused by deadlines or other external factors. Adapts to new assignments and changes in a positive manner.

Responsible for the all Wire and Official Check signing limits. Must gather, organize, adds, deletes, transfers, and submit for final processing and approval of all limits for the Corporate footprint. Responsible for placing all Stop Payments on all Internal Checking accounts. This involves gathering appropriate approvals, reviewing all procedures, timelines, and signature requirements are met.

Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Education:

High School or GED

Minimum Years Experience:

5

Special Skills:

Ability to work and multi-task in a fast paced environment

Excellent communication skills, both written and verbal

Excellent organizational, analytical and interpersonal skills

Detail-oriented

Ability to use a personal computer and job-related software

MS Word - Basic Level

MS Excel - Intermediate Level

MS PowerPoint - Basic Level

Good understanding of debits and credits. Knowledge of ITI systems preferred.

Special Licenses and Certificates:

N/A

Physical Requirements:

N/A

Keywords: First National Bank (FNB Corp.), Akron , Controls Representative - Hermitage, PA, Other , Hermitage, Ohio