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Deposit Operations Analyst

Deposit Operations Analyst

BankTalent HQNorthbrook, IL, United States
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Job Details

Job Location : Northbrook - NORTHBROOK, IL

Position Type : Regular Full-Time

Salary Range : $47000.00 - $56500.00 Salary

Job Category : Staff

Description

This position reports to VP / Deposit Operations and Wire Department Manager.

Basic Function

Work with the Deposit Operations Team to complete a wide variety of assigned deposit related functions accurately and in compliance with established policies and procedures.

Essential Duties

Exception Processing

  • Responsible for monitoring, researching, and processing a variety of exception items daily such as, but not limited to :

Non-post

  • Stop payment
  • Overdraft
  • Positive Pay
  • Incoming and outgoing return items, including check, ACH and card services
  • Reclamation and death notice entry
  • Prenotification and notification of change
  • Wire Transfer Processing

  • Perform daily wire transfer functions such as, but not limited to :
  • Monitoring wire transfer email

  • End of day closing functions including posting verification and balancing
  • Wire call backs
  • Input, verify, and releasing outgoing wire transfers and releasing incoming wires in accordance with policy and procedure.
  • Client Services

  • Maintains outstanding internal and external Client service relations through courteous and responsive support
  • Assist other departments, as needed, by providing counsel and information as it relates to the Deposit Operations' policies and functions
  • Direct internal and external Clients to the appropriate personnel to resolve more complex questions or problems
  • Provide requested research and documentation for internal and external Client requests
  • Process routine daily functions such as :

  • Complete daily internal client requests received via e-mail in a timely manner such as, but not limited to change of address, account transfers, stop payments, account research, sweep transfers, ACH transfers, transaction & client corrections, etc.
  • Monitor dormant accounts and assist with filing annual escheatment in accordance with the State of Illinois
  • Prepare reconciliations for assigned general ledgers and other internal accounts such as, but not limited to : ATM control and settlement, official checks, ACH settlement, ICS and CDARS, federal withholding, in process, etc.
  • Issue and balance check files
  • Review and approve mobile & merchant deposit review exceptions
  • Legal requests such as : levies, garnishments, subpoena for records, etc.
  • Chex Systems maintenance and reporting
  • Fraudulent claim processing
  • Nonessential Duties

  • Other duties as assigned
  • Qualifications

    Knowledge, Skills & Abilities

  • A working understanding and application of all policies, procedures and regulations pertaining to Deposit Operations
  • Ability to operate in a team environment to accomplish shared goals
  • Ability to multi-task and effectively manage time
  • Ability to perform tasks quickly and accurately
  • Detail orientated
  • Good mathematical and problem-solving skills
  • Tact and diplomacy in dealing with both clients and employees
  • Good communication skills and pleasant telephone manner
  • Proficient computer skills
  • Training & Experience

  • High school diploma or GED
  • Microsoft proficiency
  • Three years of banking experience preferred
  • One year of deposit operations experience preferred
  • Experience with various Fiserv applications helpful
  • Compensation

  • Expected Salary Range : $47,000 - $56,500
  • Salary will be negotiated based on relevant skills and experience as well as internal equity and alignment with market data.
  • Benefits

    First Bank Chicago offers a comprehensive benefits package including medical / dental / vision / life insurance; 401(k); paid time off (PTO); and eligibility for an annual bonus. For a complete listing of benefits, please visit our website : https : / / firstbankchicago.com / Employee-Benefits .

    First Bank Chicago is an Equal Opportunity Employer : disability / veteran

    Crain's Chicago Best Places to Work 2018 I 2019 I 2020 I 2021 I 2022 I 2023 I 2024

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    Operation Analyst • Northbrook, IL, United States