Senior Banking Operations Specialist

3 weeks ago


Lynn, Massachusetts, United States Eastern Bank Full time
About the Role

We are seeking a highly skilled Senior Banking Operations Specialist to join our team at Eastern Bank. This is an exciting opportunity to utilize your expertise in banking operations and contribute to the success of our organization.

Job Description

The Senior Banking Operations Specialist will be responsible for managing the monthly account reconciliation workload, performing quarterly internal account reconciliations, and managing annual escheatment processing for internal accounts. This role requires strong technical knowledge and expertise with the Bank's core deposit system functions, as well as ancillary modules pertaining to account reconciliation.

The ideal candidate will have a strong working knowledge of deposit banking compliance issues and regulations, as well as experience independently managing an efficient workflow. They will also possess superior communication, organizational, writing, and interpersonal skills, and be able to work collaboratively with internal and external customers.

Key Responsibilities
  • Manage monthly account reconciliation workload and perform quarterly internal account reconciliations
  • Manage annual escheatment processing for internal accounts
  • Execute Quality Control review to ensure accurate documentation and adherence to policies and procedures
  • Communicate with business lines and account officers as needed for customer support and issue tracking
  • Train team members on daily-weekly-monthly functions, including Positive Pay Exception, Corporate-Municipal-Internal Account Reconciliations, and ACH segment of Federal Reserve Account Reconciliation
Requirements
  • Bachelor's degree or related knowledge/skills base gained through experience required
  • 3-6 years of bank operations experience required
  • Experience independently managing an efficient workflow
Salary

The estimated salary for this role is $80,000 - $110,000 per year, depending on experience and qualifications.

About Us

At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential.

We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

Working Conditions

This role requires standard office work and some travel may be required between office sites for training, meetings and to foster a greater degree of teamwork.



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