This position is expected to be a subject matter expert for all deposit operational tasks. They will ensure that all associated general ledgers are balanced daily and adjustments through the Fed are processed. This position will take an active role to ensure Regulation E is properly handled.
ESSENTIAL FUNCTIONS
- Perform when needed any daily operations function
- Daily Balancing and monitoring of all ACH items
- Process Fed Adjustments and reclamations
- Perform General Ledger and internal deposit account reconciliation
- Daily and monthly balancing of General Ledger Accounts associated with the department
- Processing of IRA Transactions as needed
- Processing Regulation E claims
- IRS Government reporting and corrections
- Participate in assigned projects
- Perform other duties as assigned
JOB QUALIFICATIONS
- Minimum five years in deposit operations
- Computer Knowledge
- Knowledge of Check and ACH regulations and continuing education
- Knowledge of IRA and HSA and continuing education
- Being able to multi-task in a fast-paced environment
- Strong Verbal Communication Skills
- Strong Written Communication Skills
- Attention to Detail
- Knowledge of Microsoft Word/Excel
- Familiarity with State & Federal Banking Regulations
- Self-Motivated
Top Skills
What We Do
Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers throughout New England. We take an entrepreneurial, commonsense approach to providing a complete line of banking solutions. We are deeply invested in the communities we serve and passionately committed to helping you, our customers, grow. Thanks to the unwavering dedication of our team and the loyalty of our customers, we have been named the #1 performing Community Bank in New England for seven straight years and #1 in the United States in 2015.
Northern Bank provides businesses and individuals with deposit and cash management services, commercial and franchise financing, residential mortgages, and wealth management services. We currently operate 12 branches in the Greater Boston market. For more information, contact us at 800-273-6908 or visit www.nbtc.com. Member FDIC | Equal Housing Lender.
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