Job Details
Job Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive
Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more
We are the region's locally headquartered bank and wealth management company
We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve
We Stand For Service is more than part of our name, it s our mission and our purpose
The Vault Reconcilement Specialist is responsible for managing a portfolio of vault and emergency cash (ATM or Smart Safe) at Cash Connect, a division of WSFS Bank
This includes analyzing reporting data from over 480 sites across multiple platforms to finalize inventory, manage activity discrepancies and examine trends in performance failures to ensure minimal asset risk
Job Responsibilities: Audit vaults to mitigate financial risk by compiling case details and data roll up to national partners
Apply strategic and analytical skills to translate data to reports, visualizations, and dashboards
Support our nationwide partners and customers with solutions on device asset risk through in-depth research of internal & external factors
Focus on multiple external cash management systems data to balance and track asset performance, relaying this performance to internal/external business leaders
Serve as a subject matter expert in cash logistics data reconcilement and process review as well as develop your knowledge base in areas that may include retail deposits, regulatory compliance, asset recovery, claims research, developer code testing, and concurrently work on various projects
Compile and interpret data from internal/external systems, couriers, customers and processors to systematically examine residual data discrepancies while identifying trends in partner performance
Demonstrate this domain expertise as well as strong carrier/customer knowledge to be able to put together a set of recommendations for Leadership team to review
Develop problem frameworks, hypotheses, test and analysis, solution development, scope operational feasibility, predictive modeling, lead implementation efforts and develop a monitoring plan for a variety of initiatives Work closely with colleagues across WSFS, Cash Connect, National customers, and armored carriers to deliver a complete and cohesive balancing solution and drive improvement in data quality, volume, service, and asset profitability
Understand the various background facets of data sources
Successfully manage inventory and GL adjustments pertaining to the Federal Reserve Bank, carrier activity and identify trends in performance failures to ensure minimal exceptions
Investigate and validate at-risk sites and work to mitigate financial loss
Actively participate in Impact Planning Meetings and assist in the completion of plans Provide support during high frequency volume periods
Minimum Requirements: Must have a Bachelor's degree in Business or quantitative field
Or must have a minimum 4-7 years of relevant experience
Must have a demonstrated financial acumen and analytical experience
Must have experience with a cash management system and analysis of its data
Previous cash logistics experience strongly preferred
Working proficiency in cash logistics data tools such used in the industry
Strong written and oral communication, ability to effectively transmit, receive, and accurately interpret ideas/information
The ability to drive agreement through intellect, interpersonal and negotiation skills with all levels of the organization
Strong ability to produce actionable solutions
Knowledge of and ability to apply and evaluate new information technologies for business environments to improve work productivity and accuracy
Capability to manage work and provide timely business and technical presentations for the analytics across multiple assets within a customer portfolio in addition to carrier footprint
WSFS Bank is inclusive and supportive of individual needs
If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at
...@wsfsbank.com
WSFS is an equal opportunity employer
We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics
At WSFS Bank we empower our Associates to forge the careers of their dreams, we guide our Customers to secure their financial futures, and we actively support our Communities so they can fully thrive
We know that when we work together and move forward with purpose a brighter path to the future lies ahead for our Associates, our Customers, and the Communities we serve
WSFS Financial Corporation (WSFS) is a multibillion-dollar financial services company
Its primary subsidiary, WSFS Bank, is the oldest and largest locally-headquartered bank and trust company in the Greater Philadelphia and Delaware region
As of March 31, 2023, WSFS Financial Corporation had $20.3 billion in assets on its balance sheet and $65.6 billion in assets under management and administration
WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management
Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust , The Bryn Mawr Trust Company of Delaware, Cash Connect , NewLane Finance , Powdermill Financial Solutions, WSFS Institutional Services , WSFS Mortgage , and WSFS Wealth Investments
Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.