What are the responsibilities and job description for the Resident Funds Banker position at Charles E Smith Life Communities/Hebrew Home?
Are you interested in working for a mission-driven organization that continues to grow and is dedicated to providing quality services to its residents? Do you want your next job to offer you the opportunity to serve while allowing you to grow personally and professionally? Explore careers at Charles E. Smith Life Communities!
ABOUT CHARLES E. SMITH LIFE COMMUNITIES
At Charles E. Smith Life Communities (CESLC), we have team members who live our mission every day to provide quality health care and meaningful life experiences to older adults. CESLC provides a wide variety of career opportunities on our beautiful 38-acre campus located in Rockville Maryland. A career at CESLC offers an exciting opportunity to join a nonprofit faith-based organization where our team of over 800 members represent a very wide range of cultural backgrounds, ethnicities and faiths.
LOCATION
This position is base at Hebrew Home of Greater Washington, located 6121 Montrose Rd, Rockville, MD 20852.
OUR RESIDENT FUNDS BANKER POSITION
The primary focus of the Resident Funds Banker is to :
- Develop and maintain a thorough knowledge and understanding of Title 10 of the COMAR regulations as it relates to resident funds, while executing all transactions and communications accordingly and in a timely manner.
- Serve as a fiduciary of resident funds and ensure that unauthorized individuals are denied access to these accounts.
- Write checks, process withdraws and execute deposits for all activities related to the resident fund accounts.
- Coordinate with residents, their families, and / or other responsible parties to obtain appropriate documentation prior to processing any reimbursements / payments.
- Review Medicaid Notices of Eligibility (NOE) to ensure that individual resources are timely received and remitted to CESLC. Ensure that all differences are timely identified and resolved.
- Coordinate with the Medicaid Resident Resource Accountant monthly to ensure all balances due from resident funds to the nursing home have been paid in accordance with the NOE and any credit balances are resolved timely and refunded to the resident funds account.
- Assist in the preparation of the annual Unclaimed Property Report filed with the state of Maryland.
- Support state of Maryland surveys and other internal audits by timely and completely responding to all questions and inquiries.
- Furnish quarterly bank statements to the residents and / or their responsible parties within one week of receipt of the bank statements.
- Complete all account opening, change of status, and closure paperwork within required time frames.
- Notify resident or their responsible party, and Manager, Financial Reports, when an account balance is $200 below the current Medicaid asset limit. Coordinate and monitor spend-down plan with resident or their responsible party to ensure the resident fund balance remains below the current Medicaid asset limit eligibility.
- Update, on a weekly basis, the Power of Attorney roster and Competency Roster for all current residents
- Provide the highest level of customer service.
- Other duties as assigned.
SHIFTS & STATUS
This is a FULL TIME Hourly position with a M-F schedule, on-site.
EDUCATION & TRAINING REQUIREMENTS
PAY AND BENEFITS
As a Resident Funds Banker you will enjoy our competitive total rewards package : (Benefits may vary based off employment status)
VACCINATION POLICY
As a dedicated provider to Senior Living Care our facility requires all hired associates to provide proof of vaccination records, including two doses of MMR, two doses of Varicella, and a Negative TB screen before the start of employment. Another source of documentation that can be accepted is a Titer or Lab test that expresses proven immunity to the following diseases. Upon employment our Talent Acquisition team will provide additional details regarding CESLC vaccination policy.
LI-ST1
Salary : $60,000 - $65,000
