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Deposit Operations Specialist I

Company: JSC Federal Credit Union
Location: Texas City
Posted on: April 3, 2021

Job Description:

yIt's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. ROLE: The Deposit Operations Specialist is responsible for the operational support of Credit Union activities related to membership and deposit products. Deposit Operations Specialists will be cross trained in all aspects of Credit Union support and may perform a variety of the following duties and responsibilities as assigned by the Controller: RESPONSIBILITIES: Understand the technical processing and compliance facets relating to all aspects of Deposit Operations. Perform the annual review, due diligence and reporting of dormant accounts to be escheated. This includes all deposit accounts, safe deposit box contents, and outstanding checks. Review multiple daily file maintenance reports to ensure accuracy, spot potential red flags, and confirm compliance with federal and state regulations. Process receipt of death certificates and claims on deceased member accounts. Process member levies, garnishments, and verification of deposits. Oversee the processes related to share accounts with less than a par value share and negative shares including preparation of member correspondence and charge-off of negative shares. Assist JSC FCU Team Members in resolving complex adjustments/reversals on deposit accounts. Process foreign checks to be sent to the Federal Reserve Bank for collection. Research and provide follow-up on all B notices received from the IRS to ensure that all missing or incorrect information is rectified in a timely manner. Review the outstanding check report and take appropriate action to follow-up on members' official/cashier's checks not cashed within the Credit Union's established guidelines. Follow all applicable laws, regulations, policies, and guidelines in the performance of assigned duties and responsibilities. Work closely with cross-functional teams throughout JSC FCU to coordinate interrelated assignments ensuring exceptional member service. Perform other duties as assigned. EXPERIENCE: Three (3) to five (5) years of related experience. Must possess broad knowledge of bank deposit accounts; and, a working knowledge of banking operations that impact the deposit operations function. Ability to use a Windows based PC and MS Office software. Experience with or the ability to learn the core applications and various PC applications. Thorough understanding of the deposit operations functions, policies, and procedures. Thorough understanding of deposit related posting functions and loan payment posting functions. Ability to gather data to assist assigned area in resolving deposit related issues. Ability to learn new tasks quickly and accurately. Must be self-motivated and independent. Strong communication skills; well-developed interpersonal skills (with service orientation). Possess a high level of organizational, project management and analytical skills. Must have the ability to deal tactfully and efficiently with fellow team members and members. Must be able to work at a pace that ensures that established deadlines are met. Excellent organizational and time management skills. Knowledge of core processor (Symitar/Episys). JSC Federal Credit Union (JSC FCU) is an equal opportunity and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, veteran status or any other legally protected characteristic. If you'd like more information about your EEO rights as an applicant under the law, click here for English / Spanish . JSC FCU provides equal opportunity to qualified individuals with disabilities and disabled veterans. If you need a reasonable accommodation, please email or call for assistance.

Keywords: JSC Federal Credit Union, Texas City , Deposit Operations Specialist I, Other , Texas City, Texas

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