What are the responsibilities and job description for the Deposit Operations Specialist position at Newtek One?
NewtekOne, Your Business Solutions Company, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.
Newtek Bank, N.A. is looking to add a Deposit Operations Specialist to its team. *This position is based out of our Lake Success, NY and Wilmington, NC office spaces.
The Deposit Operations Specialist is responsible for managing and overseeing various aspects of deposit-related transactions within the back office of the financial institution. This role requires a keen attention to detail, excellent organizational skills, and a deep understanding of banking regulations and procedures.
Responsibilities Include:
Maintain a strong understanding of bank policies and regulatory compliance requirements.
Manual Account Opening
Account Maintenance
Set-up Account Sweeps
Certificate of Deposit Maturities
IRA Maintenance
Funds Availability - Placing Exception Holds
Inactive, Dormant and Escheated Account Reconcilements
Garnishments
Knowledge, Skills and Abilities:
2 years required in the banking industry focused on core operations.
General banking knowledge in deposit products.
Strong attention to detail.
Exercise good judgement and problem-solving skills.
Ability to multi-task and prioritize to meet time-sensitive deadlines.
Ability to work collaboratively in a team-oriented environment.
Ability to learn and use multiple banking software programs.
Excellent verbal and written communication skills.
Enthusiastic and positive attitude with a desire to help others.
Exceptional communication and interpersonal skills.
Willingness to assist in cross-functional projects and initiatives.
Knowledge in one or more of the following banking applications: Fiserv Premier, Director, Business Process Manager, Business Analytics, Onboard Advisor preferred.
Intermediate skills of Microsoft word, Excel and Powerpoint.
Education and Certification Requirements:
College degree from a two-year or four-year program preferred.
2 years in the banking industry required.
Salary Range: $55,000 to $67,000 per year
NewtekOne is an Equal Opportunity Employer; M/F/D/V. We require all of our employees to perform work in an ethical manner and uphold our Code of Business Conduct and Ethics at all times.
Salary : $55,000 - $67,000
