Deposit Operations Specialist - Natick, United States - MutualOne Bank

MutualOne Bank

Verified Company

Natick, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Position Description

Title:
Deposit Operations Specialist

Department:
Operations

Reports to:
AVP, Deposit
Operations Manager

Supervises:
None

Classification:
Non-exempt

Date Prepared:
May 6, 2024

Pay Range:
$39,629-$61,085

Summary / Objective
Responsible for operational functions as well as procedures and practices assigned to the Deposit Operations department. Examples of these functions include wire transfer activity, daily overdrafts and quality control.

Experience & Education Requirements:

Bachelor's degree or equivalent experience in operations or banking
Proven organizational and customer service skills
Effective interpersonal, communication and computer skills

Specific Job Functions:

Responsible for quality control of new accounts, account/person/organization maintenance utilizing various platforms
Responsible for customer outreach to review potential fraudulent debit card transactions
Responsible for the daily completion of exception items, ATM/Debit card ordering and processing of incoming and outgoing wires
Responsible for settlements of teller capture, lockbox, mobile and remote deposit capture (RDC)
Responsible for NSF processing including review of daily overdrafts, return deposit items, stop payments and collections in accordance with established Bank policies and procedures
Reconciles ATM/Debit transactions daily to the General Ledger (GL)
Maintains remote deposit capture files and processes daily files; maintains monthly records
Responsible for the operational settlement of ATM machines
Serve as back up to various critical functions within the Department
Provides support and assistance relative to branch operational activities. Processes daily mobile check deposit files
Participates in operational training meetings. Attends seminars regarding banking industry activities and participates in departmental cross training
Keeps informed of relative changes in Bank policies, procedure and products

Required knowledge, skills & abilities:

Good understanding of financial products and services
Good understanding of related Federal and State banking regulations
Good understanding of spreadsheets
Ability to recognize various issues that may require further research and/or investigation in order to consider possible solutions
Successful completion of inhouse training programs or other approved training programs
Compliance with Bank Secrecy Act (BSA) regulations as appropriate to the position

Physical Demands and Work Environment:

Ability to use standard equipment such as computers, phones, photocopiers
Requires manual dexterity and sitting for longer periods of time
Must be able to work schedules that meet the needs of the Bank, which may include early morning, evening and /or weekend hours

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.

It is expected that from time-to-time other duties, both related and unrelated to the above, may be assigned and therefore, required.

MutualOne Bank provides equal employment opportunities to all employees in regards to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetics or status as a protected veteran.