Accountant I (Settlement), Settlement Services

About the role

Merrick Bank: The bank that builds CardWorks Servicing: One partner, total performance Carson Smithfield: Resolution with respect With nearly 40 years of operating history, our track record is solid: disciplined in downturns and built to accelerate in recovery. The CardWorks Financial Group companies take precise approach in complex markets, as a top three non-prime focused general purpose card issuer and a top fifteen U.S. merchant acquirer. Our team tackles the industry's most complex credit and payment challenges. And we believe that excellent work starts with a team that feels supported, respected, and empowered to grow. CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans. We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees. Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers, offering credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management. Essential Functions: Prepares daily general ledger entries for credit card and\or installment loan settlement activity for recording to the general ledger. Enters daily and monthly journal entries into the general ledger for the settlement team. Compiles various daily and/or monthly reports from the Bank's loan processing platforms to be utilized by the Bank's settlement team. Reconciles various lending settlement suspense accounts including researching outstanding items and working with the Bank's servicing team to make the necessary adjustments to the loan accounts to clear the outstanding items. Prepares daily settlement related wires as assigned by management. Other duties as assigned by Settlement Management. Compliance with Laws & Regulations: Responsible for complying with all of the Bank's internal control policies and procedures. Responsible for understanding and complying with all laws and regulations to which the Bank is subject. Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts. Education and Experience: High School diploma is required. Two (2) years of accounting or credit card and\or installment loan experience is preferred. Summary of Qualifications: Experience with, and demonstrated skill at, the following computer applications: Spreadsheet (Excel preferred), ten key and e-mail. Ability to identify and solve practical problems with little or no supervision. Responsible, flexible individual with strong mathematical and analytical skills. Communicates effectively both orally and in writing; presents ideas in a clear, concise, understandable and organized manner. Oracle Financial experience a plus. Must be detail oriented #INDHP1 Our Employee Value Proposition Competitive Pay , including a Bonus Target or Variable Pay Incentive Program Benefits Package -Medical, Dental, and Vision (plus much more) 401(k) Plan with Company Match Short- & Long-Term Disability Wellness Programs Group Life and AD&D Insurance Paid Vacation, Sick Days and bank Holidays Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite. Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, m