Deposit Operations Associate
2 weeks ago
Description
Position at First Business Bank
Join us today as a Deposit Operations Specialist - Hybrid
First Business Bank is a Top Workplaces USA company, learn more here.
At the heart of First Business Bank, we believe success comes down to putting people first. Our people are our priority - they embody ambition, experience, and client focus. The result is extremely engaged employees who provide unmatched client satisfaction. With comprehensive total rewards to support our team members, a commitment to valuing each other's differences, and a focus on improving our communities, we are confident you'll find the experience is your advantage. We're delighted you're considering joining us
OVERVIEW:
The role requires 1 day per week in our Madison, WI headquarters.
The Deposit Operations Specialist focuses on executing tasks related to the Banks deposit accounts. Wire transfers, account maintenance, account reconciliation, and client support will executed with extreme detail in this role.
Essential responsibilities of the Deposit Operations Specialist:
- Wholesale lockbox setup/maintenance and client assistance
- Reviews account documentation for completeness and accuracy and tracks exceptions
- Sweeps set up and maintenance
- Balancing of various G/Ls and DDA accounts as assigned
- Edit/verification of maintenance performed on the system
- Check adjustment processing
- Exceptions processing: reg E disputes, overdraft processing, non-posts, Fed returns
- Fraud cases
- Wire transfer processing and client support
- Deposit and Client documentation retention management
- Consumer Electronic Banking client support
- General awareness of compliance and the processes and procedures currently in place.
Position Requirements:
- 2+ years of banking operations experience required
- General knowledge of Federal and State banking laws and regulations governing checking and savings account practices
- Highly detail oriented
- Demonstrated success with written communication, and ability to assess and analyze information, formulate conclusions and recommendations
First Business Financial Services, Inc. is committed to providing equal employment opportunity to all applicants and employees regardless of their race, creed, color, religion, gender, age, national origin, disability, military service, protected veteran status, genetic information, sexual orientation, gender identity, transgender status, or any other characteristic protected by federal, state or local law. We are strongly committed to this policy and believe in the concept and spirit of the law.
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