The Bank Operations Specialist (Funds Monitoring) serves as a team member in the operations area supporting the funds monitoring division, processing NSF/OD items, resolving exception items, and processing movement of funds through the Federal Reserve Bank and correspondent accounts.
- Process non-sufficient funds (NSF) and return items and correct non-posts on FMS, DDA, savings, COD, and safety deposit box applications
- Process incoming wire transfers, reviewing wire transfer requests for proper completion and authorization according to wire transfer procedures
- Process ACH origination files, record ACH activity, process ACH File Origination Balancing sheet and ACH return items, reconcile same day ACH transactions
- Review fraud alerts, control bank risk by identifying exceptions to policy or recognizing wires with red flags
- High school diploma
- Nice to have: Secondary education in business, accounting, or excel specialist
- Nice to have: 3 years of experience in business or accounting
- Nice to have: Good understanding of all standard operating procedures relating to bank operations, retail, and wire transfers
Bank Operations SpecialistMinnWest Corporation · Redwood Falls, US