What are the responsibilities and job description for the Deposit Operations Manager position at SHAREPOINT CREDIT UNION?
Role :
The Deposit Operations Manager isresponsible for overseeing all aspects of deposit operations within the creditunion, including ACH processing, check processing, wire transfer program,remote deposit processing, and assisting with card settlement. This role ensures compliance withregulatory requirements, optimizes operational efficiency, and manages risk inrelation to deposit and payment systems. The manager will also lead a team,providing guidance and support to ensure smooth and accurate transactionprocessing.
This is a full-time salaried position (40 hours / week). Working hours will generally fall between 8 : 00am-5 : 30pm.
This position will be full-time in person at our Bloomington Admin office.
Responsibilities
- Operational Management :
Oversee the processing of all deposit-related functions,including wires, EFTs, ACH transactions, and mobile deposits.
Manage and monitor daily operational workflows to ensureaccuracy, timeliness, and compliance.
Ensure the proper handling of rejected, returned, andexception items for wires, EFT, ACH, and mobile deposits.
Coordinate the resolution of any operational issues relatedto deposit services.
Ensure that all processes follow relevant laws andregulations, including NACHA, Reg E, and BSA / AML requirements.
Regularly review and update policies and procedures fordeposit operations in accordance with regulatory changes.
Conduct audits and risk assessments to ensure ongoingcompliance and risk mitigation.
Lead, mentor, and develop a team of deposit operationsspecialists, providing training on processes, compliance, and fraud detection.
Foster a positive and collaborative team environmentfocused on efficiency, accuracy, and continuous improvement.
Set performance goals for the team and conduct regularevaluations.
Collaborate with IT and product development teams toenhance operational efficiency through system upgrades, automation, and newtechnology implementations.
Analyze data to identify trends and opportunities forprocess improvements, optimizing workflow and reducing risk.
Maintain strong working relationships with vendors and serviceproviders.
Knowledge and Skills :
Physical Requirements :
As a SharePoint employee, you willreceive :
SHAREPOINT CREDIT UNION is an EEO employer - M / F / Vets / Disabled