Government Payments Analyst
Flagstar Bank · Hicksville, NY · 2 wk ago
Accounting$69k–$109k/yrFull-time
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
- 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
- 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
- Aid client / programs with funding to support a successful go-live and ongoing operational needs
- 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
- Effectively coordinate across internal teams, third-party vendors, and government partners
- Proactively identify new opportunities within the public sector
- Collaborate with internal team partners on program management, reporting, compliance efforts and special projects, as assigned.
Job Requirements
- Education level required: Undergraduate Degree (4 years or equivalent)
- 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
- Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders