Bank Reconciliation Specialist

Dear Candidates,

Exciting news from First American India!

We are hiring experienced professionals for the role of Bank Reconciliation Specialist at our Bangalore Indira Nagar location.

Role: Bank Reconciliation Specialist
Function: Investor Reporting /Mortgage Servicing Finance Operations / Cash Management
Experience Required: 4+ years
Work Location: Indira Nagar, Bangalore
Work Mode: 5 days from office per week

Job Description

We are looking for an experienced Bank Reconciliation Specialist with strong hands-on experience in end-to-end bank reconciliation, cash reconciliation, exception management, and variance resolution.

The ideal candidate should have experience handling high-volume transactional accounts and independently researching and resolving reconciliation differences. Experience in the Mortgage Servicing domain is highly preferred.

Key Responsibilities

• Perform daily, weekly, and monthly bank reconciliations for clearing, custodial, and cash-related accounts.
• Reconcile bank transactions with servicing systems, general ledger, and subledger records.
• Research and resolve reconciling items, aged exceptions, and variances.
• Investigate missing transactions, duplicate postings, timing differences, and unapplied cash.
• Perform root cause analysis and resolve reconciliation discrepancies independently.
• Maintain reconciliation reports and supporting documentation.
• Support month-end reconciliation and closing activities.
• Coordinate with Operations, Cash Management, Accounting, Servicing, and Treasury teams.
• Ensure compliance with internal controls and audit requirements.

Required Skills

• Minimum 2+ years of hands-on Bank Reconciliation experience.
• Strong experience in high-volume transaction reconciliation.
• Hands-on experience investigating and resolving reconciliation differences.
• Good understanding of cash balancing and exception management.
• Strong analytical and problem-solving skills.
• Advanced Microsoft Excel skills, including:
• VLOOKUP / XLOOKUP
• Pivot Tables
• SUMIFS
• Advanced formulas
• Large data-set analysis

Preferred Mortgage Experience

Candidates with hands-on experience in any of the following will be preferred:

• Mortgage
• Principal & Interest (P&I) Accounts
• Tax & Insurance (T&I) Accounts
• Clearing Accounts
• Custodial Accounts
• Investor Custodial Accounts
• Mortgage platforms such as MSP

Interested candidates can apply with their updated resume along with current CTC, expected CTC, and notice period to [email removed]