Deposit Operations Specialist - ACH, Wires & Reconciliations

About This Role

This position exists to categorize an experienced processor in Deposit Operations who is responsible for functions within any of the following areas including ACH, Wire Transfer, Bookkeeping, Account Services, Commercial Analysis, Unclaimed Property, Electronic Banking, Reconciliations, Resolution, Research or IRA processing. Duties may include responsibilities of an experienced employee in any of the above areas or advanced knowledge in one or more areas.

Perform multiple functions such as: originating and receiving ACH files, ACH disputes, balancing and handling escalated and more complex ACH issues and transactions.

Perform multiple functions such as: creating and reviewing outgoing wire instructions through multiple channels, monitoring and reviewing incoming wires, balancing, wire investigations and providing support and information to internal and external customers on routine matters.

Perform multiple functions such as: account maintenance, CIF maintenance, missing TIN monitoring, excessive money market/savings monitoring and branch assistance.

Perform multiple functions such as: chargebacks, non-post items, stop payments, posting transfer request processing and balancing.

Performs all functions related to IRA processing including IRS tax forms corrections, required minimum distributions and all first form IRA distribution forms. Receive phone calls from internal and external clients regarding a wide variety of IRA RMD and federal withholding questions as well as problems or requests that pertain to IRA functions performed by Account Services.

Maintain Commercial Account Analysis software with customer information provided from requests submitted to the First Forms database. Requires accurate interpretation of all requests and accurate entry into the software. Also includes balancing, running and updating queries and complete all monthly reposting of charges and volumes.

Performs all functions related to property that needs to be escheated based on state requirements.

Validate Brinks cash orders for branches and ATMs.

Process Reg E Debit Card claims and research.

Perform fulfillment activities for gift cards.

Provide ACD and email support and service to branches and CCC.

Process check adjustments, process research requests, process verifications of deposits and loans, positive pay scrub.

Reconcile 100+ general ledger and DDA accounts daily.

• High school diploma or general education degree (GED); two years related experience and/or training preferred; or equivalent combination of education and experience.
• In house experience of two years or more in any of the areas mentioned above or advanced knowledge in one or more areas is preferred.
• PC proficiency in Word and Excel; 10-key by touch is preferred.
• Ability to effectively present information in one-on-one to customers, clients, and other employees of the organization.
• Can add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Ability to compute rate, ratio, and percent.
• Can carry out detailed but uninvolved written or oral instructions.
• Multi-lingual, a plus.
• U.S. Military Veterans are encouraged to apply.

The range for this role takes into account many factors that First Bank considers when making hiring decisions, including but not limited to prior experience, skill set, training, and other internal business and organizational factors. First Bank generally does not hire at or near the top of the stated range. The range is driven by the geographic location of the anticipated hiring location;

however, the specific range may vary depending on the geographic location for remote positions. Compensation decisions depend on the specific facts and circumstances of each hiring instance. A reasonable estimate of the current pay range is $19 - $23.28.

Be a part of a growing company that is truly committed to its employees and clients. Consider joining the First Bank family. As a member of our family, you are part of one of the largest independent banks in the U.S. We are proud of our growth and success over the past 100 years and look forward to a bright and promising future.

At First Bank one of our biggest strengths is the diversity of our people. Our mission is to capitalize on the diversity of our associates and promote personal and professional development throughout every area of the organization. We encourage diversity by actively seeking employees from various backgrounds, walks of life, and job skills. We strongly encourage you to apply whenever a First Bank job opportunity interests you.

First Bank is a VEVRAA Federal Contractor and an Equal…