What are the responsibilities and job description for the Deposit Operations Specialist position at RIVER BANK & TRUST?
RB&T Mission Statement:
As a trusted partner and friend, River Bank & Trust helps our neighbors and the businesses in our communities to reach their financial goals.
Position Summary:
Under the supervision of the Chief Operations Officer & Operations Manager, the Deposit Operations Specialist plays an integral role within the bank’s operations department, by providing administrative support that aids in the daily business operations of the bank.
Essential Duties and Responsibilities:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Please note the essential functions listed below are split among the Operations team, but all Deposit Operations Specialists are ultimately cross-trained in each area. The essential functions include, but are not limited to the following:
- Daily Exception and Non-Post processing
- Nonsufficient Funds (NSF) Decision Processing
- Fed Return/Chargeback Processing
- Performing Non-Post/NSF/Chargeback CUTS
- Print and Mail NSF and Fed Return notices to customers
- ACH Exception Processing (Returns and NOCs)
- Print and Mail Proof Correction Notices
- Process Bank Sweeps for Repurchase Accounts
- Online Banking Admins – provide support to employees and customers (as a backup to E-Banking)
- Process Incoming and Outgoing Wires (avg. 100 per day)
- Perform Wire Call Procedures
- Maintain and Review Wire Logs
- Activate and Monitor Dormant Accounts
- REG D monitoring
- AOD and REG E Processing
- Charge Off Account Processing and Reporting
- Charge Off Recovery Payment Processing and Reporting
- Closed Account Processing
- Process all fee refunds for the branches
- Branch Support and Research
- Fraud Dispute Processing – Checks/ACH/Debit Card
- Customer Support & Research
- Review Savings Bond Redemption records
- Process and review stop payments
- Maintain stop payment logs
- Process CD interest checks
- Scan / index forms to CenterDoc
- Process online account applications (NuFund)
- Prepare miscellaneous reports/data to Management as requested
- Other duties and/or special projects as assigned by Management