What are the responsibilities and job description for the Deposit Data Entry and CIF Specialist position at BankTalent HQ?
Position Summary
The Deposit Data Entry & CIF Specialist ensures tax reporting and interest payments for deposits are completed accurately and within bank guidelines. This position ensures Customer Information Files (CIF) and deposit accounts are coded appropriately on the core system and that deposit accounts adhere to compliance and audit guidelines.
Duties & Responsibilities
- Maintain Customer Information Files (CIF) and deposit accounts via documentation submitted by the front line utilizing basic data entry functions.
- Process the following reports and tasks on a daily basis : Dormancy, Deceased, Product Changes, Pending Closed, and Interest Dropped
- Assist the front line through the phone and email queues
- Balance Safe Deposit Box Settlement and CD / IRA Settlement
- Manage CD / IRA interest & distribution checks
- Update DDA, CD, and special rates as directed by Finance
- Handle year end reporting and complete tax corrections as applicable for interest bearing accounts including Health Savings Accounts and IRAs.
Education & Experience
Knowledge of :
Ability to :
Education and Training :
BBLP
