Sr Deposit Operations Associate
About the Role
The Senior Deposit Operations Associate manages client profile agreements and all accompanying documentation related to the implementation of account set-up. This role conducts the implementation process for new accounts, performs maintenance on existing accounts, handles teller work functions, manages escrow sub-accounting clients, provides training to new employees, offers ongoing client support, and troubleshoots issues related to client deposits and returns. The position requires a solid understanding of all deposit products, including Checking, Money Markets, Certificates of Deposits, and CDARS/ICS.
Responsibilities
- Assists the Deposit Operations team lead on daily tasks
- Performs client implementation set-up, maintenance requests, teller work, and quality review
- Manages escrow clients as it relates to sub-accounting
- Assists with new employee training
- Ensures all service levels are met
- Provides ongoing client support
- Works closely with Relationship Managers, Sales, Wire Operations, Treasury Operations, ACH Operations, Loan Operations, Capital Markets, and Compliance to execute responsibilities effectively
Requirements
- High School Diploma or equivalent; post-secondary education preferred
- Minimum 5 years of experience, including 2 years in bank operations in a deposit operations role
- General experience of 7 to 12 months
Skills
- Demonstrates knowledge of all deposit products, systems, and related processes
- Experience with deposit products including Checking, Money Markets, Certificates of Deposits, and CDARS/ICS
- Branch knowledge, such as teller work, new account opening, and client service requests
- Ability to communicate effectively in writing and over the phone
- Ability to work in a fast-paced, high-intensity work environment
- Job may require additional hours during peak periods to meet service levels
Benefits
This position is eligible for a benefits package that may include:
- Medical, dental, and vision insurance
- Life insurance, critical illness insurance, and accident insurance
- Disability benefits
- Retirement savings
- Paid time off (including vacation, holidays, and sick leave)
- Parental leave
Eligibility for benefits and specific offerings may vary based on position and employment status. For more details, visit Myrjbenefits.com.
Pay
The total compensation for this position includes base salary or wages and may include additional components such as cash or equity, discretionary bonuses, or commissions.