Deposit Operations Specialist

Job Requirements

• Bachelor's degree in progress or currently enrolled in a higher education program.
• Knowledge of the industry processes, procedures, and workflow.
• Excellent communication and collaboration skills to communicate across a broad base of internal customers.
• Knowledge of computer systems and changing technology, including Microsoft Word and Excel, and internal Bank software.
• Working knowledge of applicable aspects of regulations as they relate to job functions and compliance.
• Maintain confidentiality of customer and Bank information.

Essential Job Functions

• Process daily ACH and check returns in a timely manner to ensure we meet strict regulatory and association deadlines.
• Process and release incoming and outgoing wire transfers.
• Process daily non-post items for the following account types: DDA, SAV and CD accounts.
• Review adjustment entries associated with ACH and Inclearing items.
• Ensure research and general ledger entries are correct and up to date.
• Research, correct and/or provide the information necessary to process adjusting entries.
• Review account opening processes and documentation for adherence to Bank policy.
• Review Dormant/Inactive accounts for appropriate documentation and notify branch staff to maintain account status.
• Monitor accounts for suspicious activity through transactions coming from various sources, e.g. ACH, wire or check processing.
• Perform File Maintenance as necessary.
• Perform File Maintenance Review.
• Review various Reports daily.
• Assist branch and internal departments with questions and issues.
• Assist in performing escheatment process for abandoned property.
• Perform Rate changes in core on a weekly basis.
• Keep current on regulatory changes.
• Support Bank wide personnel on knowledge of deposit operations regulation responsibilities.
• Perform other duties as assigned.

Pay

Expected Salary Range: USD 70,000-80,000 - depending on experience, qualifications, licenses, and seniority.