What are the responsibilities and job description for the Deposit Verification Specialist position at University of Kentucky Federal Credit Union?
Job Details
Job Location
Corporate Offices - Lexington, KY
Position Type
Full Time
Education Level
High School
Job Shift
Job Category
Admin - Clerical
Description
Title : Deposit Verification Specialist
Department : Deposit Operations
Reports To : Deposit Processing Services Manager
Job Grade : 8
FLSA : Non - Exempt Last Modified : 03 / 03 / 2025
It's a Job ... only better!
At UKFCU, we're more than a Credit Union - we're a community, and we've been proudly serving our members since 1937! As a rapidly growing, not-for-profit organization, we're dedicated to making a real difference in the lives of our members and employees alike. If you're looking for a workplace where you can grow, make an impact, and have fun while helping others, UKFCU is the place for you!
Why This Role Matters
As a Deposit Verification Specialist, you will play a key role in ensuring the integrity, accuracy, and compliance of deposit operations. You will collaborate with multiple departments to verify account transactions, maintain compliance with regulations, and enhance operational efficiency. Your expertise in deposit products and policies will support both internal teams and the overall member experience. By proactively identifying discrepancies and ensuring compliance with applicable regulations, you will contribute to the reliability and security of UKFCU's financial operations.
What You'll Do
Deposit Verification & Compliance :
- Review and verify new member and account information on core to ensure proper structure and alignment with any related documentation.
- Reviews and verify maintenance requests to ensure accuracy and alignment with related documentation.
- Ensure compliance with policies, regulations, and best practices related to deposit operations.
- Verify transactions on closed, dormant, and active accounts, ensuring accuracy and reporting discrepancies.
- Monitor deposit holds, promotional rates, and bonus payments, requesting corrections as needed.
- Serve as a subject matter expert (SME) on deposit verification and compliance requirements.
Support & Collaboration :
Process Improvement & Reporting :
Training & Development :
Qualifications
Who You Are
Experience & Education
Skills & Strengths
Key Traits
What's In It for You?
Legalese
Equal Opportunity Employer
UKFCU is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable law.
At-Will Employment
Employment with UKFCU is deemed "at-will," which means that either you or the company may terminate the employment relationship at any time, with or without cause or notice, unless otherwise provided by law.
Physical and Cognitive Demands
This role requires a blend of physical activity and mental focus to effectively perform its essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this role. Key physical activities include sitting, standing, walking, and occasional lifting (up to 25 pounds). You'll also use your hands for various tasks, reach with your arms, and engage in conversations. Vision requirements include the ability to focus, perceive depth, and distinguish colors. Cognitive abilities essential for this role include judgment, auditory perception, memory, reasoning, and occasional persuasion.
Work Environment
You'll primarily work indoors in a comfortable, climate-controlled office setting. The noise level is typically moderate, ensuring a focused yet dynamic work environment. Reasonable accommodations will be provided as needed to support an inclusive workplace.
This job description provides a general overview of the responsibilities and expectations for this role. It is not a comprehensive list of tasks, and employees may be asked to take on additional duties to support team success.
The Credit Union leadership recognizes that to achieve its vision and mission, it must embed the values of Diversity, Equity, and Inclusion (DEI) in all aspects of the Credit Union's work. Together, the staff, membership and communities are diverse and as such, the Credit Union must reflect and respect that diversity. The Credit Union's leadership recognizes and believes when an organization's leadership and staff are representative of the people that it serves, it can better meet its vision and mission. Further, the Credit Union leadership believes that it benefits when diverse perspectives are represented, respected and included among the discourse and decision-making that takes place at the Credit Union, and with and among its staff, membership and communities.
Applications are only accepted through our online application system. However, if you need assistance with any part of the application process or are unable to apply online because of a medical condition or disability and need an accommodation, please contact recruiting@ukfcu.org to let us know the nature of your request. Please note, UKFCU accepts only employment applications that are complete and received by the Office of Human Resources by the specified deadline for each opening.
This position allows for an optional hybrid work arrangement which includes a combination of both in-office and remote work arrangements. (Maximum of two days remote, three days in-office). To be eligible for the program, employees must complete a minimum of 90 days of continuous, regular employment, be in good standing, and submit a formal hybrid work application prior to being eligible for hybrid work, pending supervisor approval. Work schedules will be established by the employee's supervisor according to business needs. Working locations and schedules may be altered at management discretion.
