Spencer Savings Bank · 6 hours ago
Deposit Operations Specialist I
Elmwood Park, NJ, US
Full-time
Onsite
Entry Level
$45K/yr - $56K/yr
1+ years expSpencer Savings Bank is seeking a Deposit Operations Specialist I to work collaboratively with the Deposit Operations team. The primary responsibilities include ensuring quality control workflow and handling tasks related to escrow management, returned items, and various document management processes.
Banking
Responsibilities
Complete daily time-critical processing functions as assigned
Open online escrow accounts for tenant security, 1031 exchanges and other escrow relationships
Process Returned Deposited Items
Prepare daily check deposit cash letter proof including scanning and repair of checks and make adjustments
Scan, review, and process daily IAT ACH file
Process statement and item research related to subpoenas and verification requests
Scan, index, and organize documents in department’s electronic files
Process and prove Canadian and foreign checks
Reconcile the bonds general ledger
Accurately process domestic and international incoming and outgoing wire transfers initiated from multiple channels including financial centers, internal departments, and via the bank’s online banking system
Process Fed adjustments including encoding errors, duplicate postings, NCIs, etc
Monitor monthly gift card inventory and fulfill supply orders for the financial network
Fulfill foreign currency order purchase requests
Review and validate rejected items in OASIS check verification system
Process and track returned mail, perform customer outreach and take appropriate action in accordance with procedures
Perform daily card operations, including card orders, processing returned cards, card and account maintenance, processing payments, performing balance transfers, and answering employee inquiries
Complete the daily proof of the ATM/ITM machines
Complete fraud related items such as card case sheets and assist with processing debit card fraud claims
Perform other duties as required
Qualification
Required
High School diploma required
Minimum of 1 year of Bank experience required
Strong written and verbal communication skills
Strong time management skills, and attention to detail
Proficiency in Microsoft Office including Outlook, Word, and Excel
Reliability, flexibility, professional etiquette, and sound judgment are important
Strong analytical capabilities to accurately define problems
Must be familiar with standard concepts of deposit compliance regulations
Benefits
Holidays
Vacation
Health/Dental
Vision Service Plan
Short Term Disability
Long Term Disability
Life Insurance
Flexible Spending Accounts
401k Savings Plan
Tuition Reimbursement
Employee Assistance Program
Free Employee Checking Account
Company
Spencer Savings Bank
Spencer Savings Bank is a leading New Jersey-based community bank headquartered in Elmwood Park, N.J.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jane Allerman-Rey
President and Chief Operating Officer
George Celentano
EVP, Chief Retail Officer
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