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We are looking for a skilled Deposit Operations Associate to join our team in Glen Allen, Virginia. This long-term contract position requires a solid understanding of deposit products and industry practices, along with the ability to provide exceptional support to internal customers. The ideal candidate will contribute to operational excellence by managing deposit servicing activities, resolving issues, and ensuring compliance with regulations.
Job Responsibility:
Deliver outstanding service to internal customers by responding to inquiries and resolving deposit-related issues promptly and professionally
Perform intermediate to advanced deposit maintenance tasks, including demand deposits, savings accounts, and time deposits
Ensure compliance with applicable laws, regulations, and internal policies while adhering to dual control standards
Conduct quality assurance reviews on deposit maintenance processes and imaged documents
Research and process complex exception items, such as positive pay exceptions, stop suspects, and unposted adjustments
Participate in year-end regulatory tax reporting and provide corrective reporting as needed
Identify risks within processes and escalate concerns through appropriate channels
Support team members by sharing knowledge, assisting with tasks, and maintaining a collaborative environment
Utilize multiple systems to perform research and ensure accurate transaction processing
Maintain confidentiality and professionalism when handling sensitive information
Requirements:
Intermediate to advanced knowledge of deposit products and banking procedures
Proven ability to work independently while contributing effectively to a team
Strong communication and customer service skills to address inquiries and resolve issues
Familiarity with compliance standards and regulatory requirements in banking
Proficiency in Microsoft Office Suite and other relevant banking systems
Experience with general ledger entries and basic accounting principles
Ability to manage multiple tasks and adapt to changing procedures
Detail-oriented with a focus on accuracy and quality assurance
What we offer:
medical, vision, dental, and life and disability insurance