Banking Operations Specialist in Maitland, FL at Vaco

Date Posted: 7/9/2019

Job Snapshot

  • Employee Type:
    Contractor
  • Location:
    Maitland, FL
  • Job Type:
  • Experience:
    At least 2 year(s)
  • Date Posted:
    7/9/2019
  • Job ID:
    BANKI98267

Job Description

Banking Operations Specialists, is it time to take that next big career step? Let Vaco serve as your advocate in presenting you to our top clients who are looking for Banking Operations Specialists. Our recruiting staff gives you an advantage over your competition by promoting your strengths and assets directly to hiring managers while helping you to be more prepared for your interviews.

From keeping you up to date on market trends and industry expectations, to providing you with valuable insight into the company's culture, compensation expectations and growth opportunities of specific clients, Vaco will give you the edge you need in today's highly competitive job marketplace. If you are an experienced Banking Operations Specialist and are looking to move your career forward, let Vaco open the door for you. Apply today!

The Operations Specialist I's Key Accountabilities include, but are not limited to the following:

  • Research and process Exception items including returned deposit items/chargebacks, ACH, Non-post, NSF, etc. Perform internal DDA and general ledger account reconciliations
  • Complete journal entries for account transfers and adjustments
  • Review and monitor stop payments, dormant accounts, and other account or file maintenance processes.
  • Perform new account documentation review
  • Monitor Reg D NOW accounts/excessive transactions
  • Assist with IRA review and reporting
  • Complete customer account maintenance, i.e. return mail, change of address, and stop payment.
  • Process and balance Collection items; both domestic and foreign
  • Administer Federal Reserve Check adjustments
  • Process Cash letters for Savings Bonds and review redemptions for proper interest reporting
  • Assist Operations staff with incoming and outgoing wire transfers
  • Provide operational support to banking centers and other bank departments
  • Manage legal requests and notifications to ensure compliance: levies, garnishments, freeze notices, and reclamations
  • Expand and maintain knowledge of all bank products and services
  • Monitor/analyze various reports
  • Review and analyze work methods and make recommendations to increase efficiency and productivity.
  • Assist with implementing procedures for deposit processes and products
  • Complete deposit account research and reporting
  • Maintain detailed records of work and research for retention purposes
  • Complete assigned special projects and training as requested
  • Recommend changes or alternate ways in processing methods to improve operating efficiency and service levels
  • Ensure compliance with audit and regulatory procedures and adherence to compliance guidelines
  • Serve as back-up/alternate when needed

Supervision of Personnel

  • None

Working Conditions

  • Typical office environment. Minimal physical effort required, normally seated with freedom of movement on a regular basis. The incumbent will be expected to be able to work Monday through Friday and work will mainly be performed at the Maitland location; occasional evening and weekend work may be required. Flexibility with work location and hours may be granted if circumstances permit.

Education

  • High School diploma or equivalent. 2-years College in Business-related field preferred.

Experience

  • 2-3 years of branch or related banking experience. 1-2 years' experience in banking operations and or Accounting preferred.

Knowledge & Skills:

  • Working knowledge of branch functions, banking operations and accounting principles. Ability to work well with affiliate bank departments and branch personnel.
  • Knowledge of bank systems/applications, processes, and documentation. Must be accurate and thorough with strong customer service skills.
  • Must be able to communicate effectively with both customers and other internal employees
  • Must be able to meet deadlines and resolve problems in a timely manner.
  • Knowledge of computer software and applications including Microsoft Outlook, Word, and Excel.