What are the responsibilities and job description for the Deposit specialist position at First Carolina Bank?
Position Purpose : This position is responsible for supporting the day-to-day activities of the Banks banking operations department.
Primary Responsibilities : Manage day-to-day correspondent banking services (ACH returns, ACH notices, cash orders) and Fed Account (FED adjustments and returns).
Perform exceptions items processing, handling of all NSF, non-post, stop payments, and daily chargeback processes for deposit accounts (includes mailing notices).
Process daily interest checks for CD Disbursement.Process debit card, check, and ACH dispute resolutions adhering to Reg E requirements.
Review mobile deposits to ensure compliance with Reg CC check collection rules.Process incoming and outgoing wires within designated authorities.
Charge off deposit accounts as needed and report to ChexSystems.Provide support for sales and service team members by answering customer questions, supporting existing customers, etc.
Process garnishments and levies adhering to regulatory requirements.Process escheated accounts adhering to legal requirements.
Process foreign currency orders and shipments.Manage reporting and interest remittance for IOLTA program.Review transaction-based fraud monitoring reporting as needed.
Assist in the preparation of exams and audits during regulatory exams and internal audits.Provide Wires backup support for Wire Room.
Assist other operations or back-office partners Authority, Impact, Risk : Wire Input AuthorityFedLineUnderstanding of the Silverlake system- including Wires, ACHComplete and comply with all required training, policies, and procedures of the bank, including Bank Secrecy Act (BSA) and attend all mandatory BSA training as needed for this position.
Chief Compliance OfficerBranch Supervisors, Universal BankersManager - Deposit ServicesDirector Deposit Services Managerial Accountability : N / A Working Conditions : Ability to work in fast paced environmentAbility to work under tight deadlinesAbility to be self-motivated and well organizedAbility to multitaskAbility to operate information terminal and other standard office equipmentDetail orientedStrong analytical and data gathering skillsGood communication skillsLimited travel Time Allocation : Operational functions.
60%Review reports and transactions..20%Other duties as needed........20% Job Specifications : Position adheres to confidentiality policy, code of ethics and knowledge of Bank Secrecy Act and best practices and other pertinent Regulatory laws and regulations.
Required : High School Diploma or equivalentMinimum 2 years experience in banking industryKnowledge of banking laws and regulationsAbility to learn and adapt to regulatory changes and company growthDetail oriented Preferred : Some collegeMinimum 2 years experience in bank operationsJack Henry experience (SilverLake, Yellow Hammer, Synergy) Risk Management Requirements : Understands and adheres to Workplace Policies, Code of Conduct, privacy, and information security guidelines.
Understands and adheres to Anti-Money Laundering, Bank Secrecy Act, andCompliance withthe USA PATRIOT Act policies and procedures applicable to position, completing any supporting requirements within defined timeframes.
Acts within authorized limits and delegated authorities and role applicable policies and procedures.Follows processes and controls to protect shareholder interests.
Mitigates risk to the bank and customers by following all applicable security procedures. Equal Opportunity Employer including Veterans / Disabilities
Last updated : 2024-10-26
