What are the responsibilities and job description for the Deposit Operations Manager position at Waldo State Bank?
Our locally owned bank is looking for a community-focused, team oriented, and knowledgeable Deposit Operations Manager to be a part of our dynamic team!
This position is responsible for managing deposit operations, the Personal Banker Manager, and Personal Bankers.
Benefits Include:
- 401(k)
- 401(k) Matching
- Dental Insurance
- Employee Assistance Program
- Health Insurance
- Health Savings Account
- Life Insurance
- Paid Time Off
- Retirement Plan
- Tuition Reimbursement
- Vision Insurance
Education: College level degree or certification
Experience: 3-5 years in Deposit Operations Manager position or related position
Job Responsibilities:
- Belief and promotion of a work-life balance and positive culture within the bank
- Exhibit excellent interpersonal and communication skills, providing an environment of open and authentic communication
- Represent and promote the bank within the community through participation in bank sponsored events, philanthropic opportunities and civic events
- Excellent attention to detail, time management skills, and problem solving in unique situations
- Provide leadership to the Personal Banker Manager and Personal Bankers including assisting with hiring, training, and development of the deposits staff
- A working knowledge of both consumer and commercial account opening, maintenance of accounts, teller processing, and associated products
- Knowledge in IRA and HSA accounts
- ACH experience or certification is recommended
- Assist with the implementation and testing of new products related to deposit operations
- Research, compile, and prepare reports for management
- Work with the Compliance Team to ensure deposit operation procedures and internal controls are following regulatory requirements
- Ensure compliance with banking regulation including, but not limited to, Funds Availability, Truth in Savings, Electronic Funds Transfer, Privacy, BSA/AML, USA Patriot Act (CIP), OFAC, etc.
- Collaborate with the Audit team for audits and exams related to deposit operations