Settlement Analyst II at FIS: Powering the World's Economy from Milwaukee

Are you a detail-oriented financial professional with a passion for accuracy and a knack for problem-solving? Do you thrive in a fast-paced environment where you can make a real impact? If so, FIS is looking for a Settlement Analyst II to join our dynamic team in Milwaukee, Wisconsin. As a Fortune 500 company and a global leader in financial technology, FIS powers the world's economy, and our teams bring innovation to life. We champion diversity and are committed to delivering the best products and solutions for our colleagues, clients, and communities. If you're ready to start learning, growing, and making an impact with a career in fintech, we encourage you to apply!

Role Overview

As a Settlement Analyst II, you will be an integral part of our EFT and EBT business, responsible for balancing and reconciling settlement activities. This role requires a high degree of accuracy, attention to detail, and the ability to work both independently and as part of a team. You will utilize internal and external settlement systems and data to prepare and complete balancing schedules and cash account reconciliations. You will also be responsible for preparing and recording general ledger journal entries, monitoring and processing payments and payment files, and analyzing and researching variances. Effective communication and collaboration with internal and external stakeholders are crucial for resolving out-of-balance conditions and ensuring the smooth flow of funds.

A Day in the Life of a Settlement Analyst II

Here's a glimpse into what your day might look like:

• Morning: You start your day by reviewing the previous day's settlement activities, identifying any discrepancies or variances that need to be investigated. You access various settlement systems and bank-provided systems to gather the necessary data.
• Mid-day: You prepare and complete balancing schedules and cash account reconciliations, ensuring that all transactions are accurately recorded and accounted for. You also prepare and record general ledger journal entries as needed.
• Afternoon: You analyze and research any variances or fluctuations, providing logical and concise explanations for these discrepancies. You work with internal and external clients and service providers to resolve out-of-balance conditions and funds movement errors.
• Throughout the day: You monitor and process payments and payment files in accordance with settlement procedures and policies, ensuring timely and accurate processing. You also respond to inquiries from internal and external stakeholders, providing excellent customer service.

Why Milwaukee, Wisconsin?

Milwaukee offers a unique blend of big-city amenities and Midwestern charm. With a thriving arts and culture scene, diverse culinary offerings, and a vibrant waterfront, Milwaukee provides a high quality of life at an affordable cost. The city is also home to a number of major corporations and financial institutions, making it a hub for fintech innovation. Living and working in Milwaukee provides access to a variety of recreational activities, including hiking, biking, and water sports. The city also boasts a friendly and welcoming community, making it a great place to call home.

Career Path and Growth Opportunities

At FIS, we are committed to providing our employees with opportunities for growth and development. As a Settlement Analyst II, you will have the chance to expand your knowledge of settlement processes and financial systems. This role exposes you to a variety of lines of business and corporate functions at FIS, including some of our most prominent executive leaders. As you grow your network at FIS, you will have ample opportunity for upward movement within the department or laterally in other areas of the enterprise. We offer a comprehensive training program to help you develop your skills and advance your career.

Salary and Benefits

FIS offers a competitive salary and benefits package that includes:

• Competitive salary commensurate with experience
• Comprehensive health insurance (medical, dental, and vision)
• Paid time off (PTO) and holidays
• Retirement savings plan with company match
• Employee assistance program (EAP)
• Life insurance and disability coverage
• Flexible spending accounts (FSA)
• Opportunities for professional development and training
• Employee stock purchase plan (ESPP)

FIS Culture: Innovation, Collaboration, and Inclusion

At FIS, we foster a culture of innovation, collaboration, and inclusion. We believe that our diverse workforce is our greatest asset, and we are committed to creating an environment where everyone feels valued and respected. We encourage our employees to share their ideas and perspectives, and we provide opportunities for them to collaborate on projects and initiatives. We are also committed to giving back to the communities where we live and work through volunteerism and charitable giving.

How to Apply

If you are interested in joining our team as a Settlement Analyst II, we encourage you to apply online through the FIS careers website. Please submit your resume and cover letter, highlighting your relevant experience and qualifications. We look forward to hearing from you!

Frequently Asked Questions (FAQ)

1. What are the key responsibilities of a Settlement Analyst II?

   The key responsibilities include preparing balancing schedules, performing cash account reconciliations, preparing general ledger journal entries, monitoring and processing payments, and analyzing variances.

2. What qualifications are required for this role?

   A bachelor's degree or equivalent experience, 2+ years of settlement experience, and knowledge of cash management, financial analysis, and banking principles are required.

3. What skills are important for success in this role?

   Important skills include attention to detail, analytical skills, problem-solving skills, communication skills, and proficiency in Microsoft Excel.

4. What is the work environment like at FIS?

   FIS offers a flexible and creative work environment with a hybrid working arrangement, a diverse and collaborative atmosphere, and opportunities for professional and personal development.

5. What are the opportunities for career growth at FIS?

   FIS provides ample opportunity for upward movement within the department or laterally in other areas of the enterprise. We offer a comprehensive training program to help you develop your skills and advance your career.

6. What is the salary range for this position?

   The salary range for this position is competitive and commensurate with experience. Please refer to the salary information provided in the job description.

7. What benefits does FIS offer?

   FIS offers a comprehensive benefits package that includes health insurance, paid time off, retirement savings plan, employee assistance program, and life insurance.

8. How does FIS support work-life balance?

   FIS offers a variety of work-life balance initiatives, including flexible work arrangements, paid time off, and employee assistance programs.

9. What is FIS's commitment to diversity and inclusion?

   FIS is committed to creating a diverse and inclusive workplace where everyone feels valued and respected. We believe that our diverse workforce is our greatest asset.

10. How can I learn more about FIS?

    You can learn more about FIS by visiting our website at www.fisglobal.com. You can also follow us on social media to stay up-to-date on our latest news and events.