Position Summary
The Deposit Data Entry & CIF Specialist ensures tax reporting and interest payments for deposits are completed accurately and within bank guidelines. This position ensures Customer Information Files (CIF) and deposit accounts are coded appropriately on the core system and that deposit accounts adhere to compliance and audit guidelines.
Duties & Responsibilities
- Maintain Customer Information Files (CIF) and deposit accounts via documentation submitted by the front line utilizing basic data entry functions.
- Process the following reports and tasks on a daily basis: Dormancy, Deceased, Product Changes, Pending Closed, and Interest Dropped
- Assist the front line through the phone and email queues
- Balance Safe Deposit Box Settlement and CD/IRA Settlement
- Manage CD/IRA interest & distribution checks
- Update DDA, CD, and special rates as directed by Finance
- Handle year end reporting and complete tax corrections as applicable for interest bearing accounts including Health Savings Accounts and IRAs.
Education & Experience
Knowledge of:
- Strong oral and written communication skills
- Strong organizational skills
- Bank policies, procedures, and Federal Regulations (preferred)
- Jack Henry Xperience system (preferred, not required)
Ability to:
- Attention to detail to prevent loss to the bank
- Maintain confidentiality of customer and bank information
- Work independently
- Maintain visual attention and mental concentration for extended periods of time
- Perform duties and make decisions under frequent time pressures
Education and Training:
- Requires High School diploma
- Preferred one or more years of related bank or accounting experience
- Requires knowledge of Microsoft Office
#BBLP
Top Skills
What We Do
As of September 30, 2023, First Busey Corporation (Nasdaq: BUSE) was a $12.26 billion financial holding company headquartered in Champaign, Illinois.
Busey Bank, a wholly-owned bank subsidiary of First Busey Corporation, had total assets of $12.23 billion as of September 30, 2023, and is headquartered in Champaign, Illinois. Busey Bank currently has 46 banking centers serving Illinois, eight banking centers serving Missouri, three banking centers serving southwest Florida, and one banking center in Indianapolis, Indiana.
Through Busey’s Wealth Management division, the Company provides asset management, investment, and fiduciary services to individuals, businesses, and foundations. Assets under care totaled $11.55 billion as of September 30, 2023.
Busey Bank’s wholly-owned subsidiary, FirsTech, specializes in the evolving financial technology needs of small and medium-sized businesses, highly regulated enterprise industries, and financial institutions. FirsTech provides comprehensive and innovative payment technology solutions including online, mobile, and voice-recognition bill payments; money and data movement; merchant services; direct debit services; lockbox remittance processing for payments made by mail; and walk-in payments at retail agents. More information about FirsTech can be found at firstechpayments.com.
Busey Bank is honored to be named among America’s Best Banks by Forbes magazine for the second consecutive year. Ranked 26th overall in 2023, compared to 52nd in last year's rankings. Busey was named among DiversityInc’s Top Regional Companies. The DiversityInc Top 50 survey is the external validator for large U.S. employers that model fairness in their talent strategy, workplace and supplier diversity practices, and philanthropic engagement. We are honored to be consistently recognized nationally and locally for our engaged culture of integrity and commitment to community development.
For more information about us, visit busey.com.
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