Deposit Operations Manager

First Savings Financial Group, Inc. is the holding company for First Savings Bank. First Savings Bank has sixteen offices in the Indiana communities of Clarksville, Jeffersonville, Sellersburg, New Albany, Georgetown, Corydon, Lanesville, English, Leavenworth, Marengo, Montgomery, Odon and Salem. Our mission is to create a higher quality of life for our customers, our employees, our community and our shareholders. We are committed to building customer relationships, conducting business with integrity, providing the best customer service and we count on our employees to deliver that outstanding service. We encourage an environment that supports teamwork, collaboration and cooperation. Career opportunities are available to individuals who want to be a part of our continued success and we value a diverse workforce. We also provide an excellent benefit package.

Equal Opportunity Employer Minorities, Women, Disabilities, Veterans

Description

• Responsible for the oversight and leadership of the Bank’s deposit operations, ensuring efficient and accurate transaction processing and reporting while maintaining compliance with Bank policies, procedures, and applicable banking regulations.
• Oversee all aspects of Deposit Operations.
• Review and update Bank policies related to Deposit Operations to ensure compliance with applicable federal and state laws and regulations.
• Assess operational risks and ensure internal control procedures are followed to mitigate those risks.
• Develop, monitor, and report deposit operations performance metrics and key risk indicators to identify areas needing improvement.
• Review existing procedures for strategic and operational improvements and efficiency while maintaining compliance with Bank policies and all applicable regulations.
• Manage and maintain deposit processing and ancillary systems used in Deposit Operations, work with vendors to troubleshoot system issues, oversee testing for any implementations and updates, and track system changes in compliance with Bank policies and procedures.
• Monitor third party performance and work with the Bank’s Third Party and Vendor Management team to conduct the annual due diligence review of the Deposit Operations primary vendors and provide details needed for the Bank’s business continuity plan.
• Ensure new deposit products are setup in the system to function as designed and that deposit account disclosures are created to reflect the product terms as setup in the system and submitted to Compliance for approval.
• Provide operational support to the Treasury Management area and ensure that all customer documentation and executed agreements for selected services are received.
• Keep informed on current laws and regulations to ensure compliance with BSA, AML, OFAC, and the USA Patriot Act as they relate to Deposit Operations.
• Stay current on IRA regulations and assist Deposit Operations and Retail Branch personnel with IRA questions.
• Support IRA and IRS tax reporting and keep other departments informed of deadlines and actions that need to occur for year-end processing.
• Monitor the dormant account and escheatment processes.
• Manage correspondent banking relationships and maintain required documentation for selected products and services.
• Perform annual risk assessments with the assistance of the Treasury Management Department, including, but not limited to, an ACH Risk Assessment and information security attestations for certain systems, to ensure compliance and risk mitigation processes and procedures are in place.
• Support audits and examinations by providing accurate documentation and management responses in a timely manner.
• Keep management informed of the status of key activities and developments on a regular basis.
• Ensure compliance with all federal and state regulations and Bank policies pertaining to the job function.
• Perform other duties as may be assigned or requested.

Requirements

• Bachelor’s degree in business, Finance or Accounting or equivalent related banking experience required.
• At least 5 years of experience directly managing financial Deposit Operations functions.
• Strong knowledge of banking regulations and compliance requirements, including disclosure requirements, related to deposit products and services.
• Prior experience supervising Deposit Operations staff required.
• Proficiency with various banking systems and other software applications used in Deposit Operations.
• Ability to identify, analyze and solve complex issues effectively given time pressures and stressful situations.
• Ability to prioritize and manage multiple tasks with a strong attention to detail and accuracy.
• Excellent written and verbal communication skills for interacting professionally with employees and customers.
• Payment related certification (AAP, NCP, APRP, AFPP or CTP) preferred.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• managing Deposit Operations: 5 years (Required)

Ability to Commute:

• Jeffersonville, IN 47130 (Required)

Work Location: In person