Deposit Services Manager
S&T Bank · Indiana, PA · 2 wk ago
OTHR$55k–$156k/yrFull-time
Location: 324 N 4th Street, Indiana, PA 15701
Schedule
Monday - Friday, 8:00 AM - 5:00 PM (additional hours as necessary to meet department objectives)
About the Role
Assumes responsibility for staffing, planning, directing, and controlling the bank's Deposit Services department.
Responsibilities
- Ensure prescribed schedules and operating policies and procedures are followed.
- Make recommendations regarding improved operating policies and procedures, changes in employment, salary, and performance ratings for employees.
- Allocate work and assist in training personnel.
- Promote positive customer service attitudes among department employees.
- Create a culture of trust, accountability, and respect guided by the Speed of Trust and Our Shared Future.
- Maintain open communications to support an informed and empowered work group.
- Maintain tight and efficient controls of settlement procedures and documentation as directed by Corporate Policy and SOX Controls.
- Lead, motivate, train, evaluate, and reward Deposit Services staff members.
- Review and take appropriate action on serious problems within each functional area.
- Approve general ledger entries and online dollar entries.
- Monitor various aging reports for outstanding items.
- Oversee daily operations of the following functions:
- Deposit Account and Customer maintenance requests
- New Deposit Account Verification
- PA State Unclaimed Property processing and reporting
- Official Accounts Reconcilement
- CIP/CDD Policy adherence and enforcement (USA Patriot Act and S&T Bank Corporate Policy)
- Deposit Document Review and Approval
- Time Deposit Reconcilement and Support
- IRA Reconcilement, Support, and Government Reporting
- Report review to ensure integrity of deposit account coding
- PA IOLTA compliance, account reconcilement, and monthly remittance
- SSA and Accuity Verification Requests
- Government Reporting & Tax Documentation Corrections
- Administration of DESA accounts
- Maintain monthly Productivity Reporting statistics for direct functional areas.
- Ensure all assigned reconcilements are completed in accordance with corporate policy.
- Act as a liaison with legal counsel on deposit-related issues, including legal documentation.
- Assist with input and control of FIS Bank Control parameters related to Deposits, IFMS, Safebox, Retirements, and CIS.
- Work with vendors to upgrade and test hardware and software related to daily processing.
- Maintain and update Disaster Recovery plan information for Deposit Services.
- Assist the Deposit Operations Manager with merger and acquisition planning, deposit data mapping, test report review, and conversion activities.
- Maintain a good working relationship with bank employees, demonstrating strong interpersonal skills.
- Assume additional responsibilities as required.
Requirements
- Four-year college degree or equivalent.
- More than ten years of general experience.
- Two to five years of specialized training.
Physical Demands
- Operates a keypad device 70-80% of the day.
- Operates electronic equipment 0-10% of the day.
- Travel to alternate work locations 0-10%, overnight stays 0-10%.
- Primary body parts involved: fingers, thumbs, hands, wrists, and elbows.
- Standing 10-20%, sitting 70-80% of the day.
Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Pay
Salary Range: $55,000.00 - $156,450.00