Deposit Operations Specialist

Position Description The Deposit Operations Specialist is responsible for performing functions within the Deposit Operations area. Primary duties entail processing wires, ACH, In-clearing, Remote Deposit Capture (RDC), branch deposits using the Federal Reserve Bank's FedLine Advantage solution, and backup withholding reconciliation. This position requires great attention to detail, timeliness, accuracy, and collaboration with other departments within the Credit Union. The position is located at Kensington, MD headquarters. The role is hybrid, in office Tuesdays, Wednesdays, and Thursdays. Position Responsibilities Perform all functions related to ACH transactions including daily balancing Process incoming and outgoing wires Perform all functions related to share draft processing including daily balancing Prepare and remit remote deposits (RTP and RDC) Process returned checks, cash letter adjustments and foreign deposit items Process Check21 through Fiserv Process check bank deposits for the Accounting and Collections departments Process stop payments, reclamations, and other ACH adjustments Process ATM reconciliation Prepare and complete journal entries for daily activity Prepare and submit the 945a Annual Record of Federal Tax Liability Perform reconciliations of designated general ledger accounts Provide department statistics for month-end reporting Support teammates throughout the organization in addressing member inquiries as it relates to deposit operations Work collaboratively to maintain efficient and effective procedures Acquire thorough understanding and application of policies, procedures and regulations pertaining to Deposit Operations and electronic payment processes including wire, ACH and treasury management services Assist with projects and assignments as directed by the Deposit Operations Supervisor and/or the Controller Position Requirements High school diploma or equivalent; college-level or technical accounting work desired Two to five years of bank operations experience including deposit operations, wire transfers and ACH/share draft, prior credit union experience preferred Knowledge of regulations such as Regulations E, D, J, UCC, CC, DD as well as ACH rules, check processing Rules, Wires, BSA and other pertinent compliance regulations Proficiency in Microsoft Office Strong attention to detail, ability to manage multiple tasks and to meet deadlines Strong verbal and written communication skills Attend job related webinars, seminars and workshops as required The list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities that management may deem as necessary. We are proud to be an Equal Employment Opportunity (EEO). Signal Financial Federal Credit Union does not discriminate against any applicant or employee based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by federal, state, or local laws.