Sr. Deposit Operations Specialist

First State Bank & Trust is a community bank with locations in northeast Kansas including Piper, Basehor, Tonganoxie, Lawrence, and Perry. We have a full-time opening for a Sr. Deposit Operations Specialist.

SUMMARY Performs advanced operational and compliance functions within Deposit Operations Department. Responsible for entering, verifying, and reconciling specialized financial data; researching and resolving complex issues; and ensuring adherence to regulatory requirements. Works with minimal supervision, exercises independent judgment, prioritizes assignments, and provides support across departments bankwide.

Operational / Account Responsibilities

•Perform daily Federal Reserve balancing

•Complete daily and month-end pledge and repo balancing

•Prepare and reconcile management reports, including GL and DDA balancing, Deposit Ops Stats spreadsheet, and cost of funds

•Process garnishments, tax warrants, IRS levies, subpoenas, and summons

•Process and reconcile federal and state withholding payments and related reporting

Assistant BSA Officer (Bank Secrecy Act) Responsibilities

•Analyze customer transactions in compliance with BSA requirements including monitoring customers who are exempt from Currency Transaction Reporting

•Review and file Currency Transaction Reports (CTR)

•Make recommendations for additional CTR exemptions

•Serve as backup to the BSA Officer

•Provide guidance, support, and training to internal staff on BSA-related matters including troubleshooting

Additional Duties

•Assist with IRA processing and provide support to internal staff

•Research and resolve complex operational issues, including account discrepancies, problem transactions, account documentation, and statement inquiries

•Assist with the annual escheatment process

•Assist with management of Business Process Management (BPM) and provide support to internal staff with questions and troubleshooting

•Provide training and support to internal customers (non-BSA related) including documentation requirements, transactions, and other research

•Is cross-trained in all Deposit Operations functions and provides back-up and assistance as needed – including new account and file maintenance data entry, FedLine verifications, Accounts Payable processing, and document scanning

•Serve as backup to Deposit Operations Manager for deposit rates, user access, and password resets

Bachelor’s degree preferred and 3-5 years related experience and/or training; or equivalent combination of education and experience.

Equal Opportunity Employer