What are the responsibilities and job description for the Deposit Operations Manager position at Prairie State Bank & Trust?
Prairie State Bank & Trust, a locally owned $800 million bank with 20 offices in Central Illinois, has an immediate opening for a FULL TIME Deposit Operations Manager in the West Lawrence Operations Center in Springfield. We are seeking talented, hardworking candidates who are motivated to learn, have great communication skills, and a passion for working on a team.
No phone calls. Please utilize our website for any communication needs.
No phone calls. Please utilize our website for any communication needs.
Responsibilities
- The successful candidate directly manages all Deposit Operations associated with a check, ACH, debit cards, and ATM transaction processing including, but not limited to paid items, large items, non-post, online entries, overdrafts, credit card processing, wire transfer processing, return items, stop payments, and research and legal documentation related to subpoenas, and citations
- Overseeing the check and deposit account processing function including several key processes — check payments, deposited items, ACH, overdrafts and return items, ATM and debit card settlement, and related reconciliation
- Managing correspondent bank accounts, official check, currency vault, ATM/Debit Card settlement, Internet Banking, and various General Ledger reconciliations
- Managing the imaging of deposit account related documents and forms
- Responsible for deposit account research and adjustment activities
- Responsible for Deposit Operations team including coaching, mentoring, employee development, and training as well as performance management and any employee relation issues
- Working closely with many of the other functional areas of the Bank to ensure efficient and timely management of customer deposit accounts
- Monitor the dormant account and escheatment processes
- Review and update procedures related to Deposit Operations to ensure compliance with applicable federal and state laws and regulations
- Ensure internal control procedures are followed to mitigate risks
- Responsible for the oversight and optimization of the systems and processes related to deposit products and services, including management of implementations and updates, ensuring efficient and accurate transaction processing and reporting while maintaining compliance with Bank policies, procedures, and applicable banking regulations
- Other duties may be assigned as needed
Qualifications
- A minimum of two years of banking experience in Operations, or related background
- Strong knowledge of banking regulations and compliance requirements as it relates to Deposit Operations, including but not limited to: NACHA guideline and Regulation E
- Ability to identify, analyze and solve complex issues effectively
- 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
- Must possess functional computer skills, ability to perform data entry with a high level of accuracy, and ability to use Microsoft 365 products, including Microsoft Excel and Word
