Banking Deposit Operations Specialist/Risk Analyst

Insight Global is looking for a Banking Deposit Operations Specialist/Risk Analyst to support a range of functions within the Deposit Operations department, ensuring smooth processing of transactions, compliance with regulatory requirements, and excellent service to both internal and external customers. This role will be cross trained in all departmental tasks but will be assigned specific tasks as daily responsibilities. Specific daily tasks include large item review, end of day real time payments, Fed Now Balancing, debit card balancing, return mail management and reporting.

Essential Duties and Responsibilities

Cross-Training and Task Flexibility:
o Cross-trained on all key functions within Deposit Operations, including wires, exceptions, non-post items, reconciliations, and chargebacks.
o Assigned specific tasks daily, with flexibility to cover other roles as needed, ensuring comprehensive coverage of all department functions.
Transaction Processing:
o Process various deposit-related transactions such as ACH, wire transfers, chargebacks, stop payments, and account adjustments.
o Handle incoming and outgoing wires through FedLine, ensuring accuracy and compliance.
Account Maintenance and Exceptions:
o Assist in managing non-post items, account reconciliations, and exception processing for demand deposit accounts, savings, and certificates of deposit.
o Manage corrections to automated clearing house blocks and handle Federal Reserve Bank exceptions.
Reconciliation and Reporting:
o Participate in balancing assigned general ledger accounts and preparing reports, including monthly deposit stratification and other required departmental reports.
o Assist with daily reconciliation of ATM deposits, cash orders, and exceptions.
Compliance and Documentation:
o Ensure all activities comply with bank policies, procedures, and applicable regulations such as BSA/AML, Reg CC, and Reg E.
o Assist with audits by providing accurate records, reports, and documentation.
Customer Support and Problem Resolution:
o Provide support to internal departments and respond to inquiries related to account discrepancies, subpoenas, levies, and reclamations.
o Act as a backup for other team members, supporting non-posts, exceptions, and research tasks as needed.
Process Improvement and Special Projects:
o Identify opportunities for improving processes within the department to enhance efficiency.
o Participate in special projects and collaborate with other team members on department-wide initiatives.
Performs other duties as assigned.

Compensation: $40k-$45k + Health/Dental/Vision/401k Benefits

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com .

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Required Skills & Experience

Strong organizational skills.
Strong analytical skills with attention to detail.
Proficient in banking software and data entry.
Excellent communication skills, with the ability to work collaboratively and adapt to changing tasks.
Ability to manage multiple tasks efficiently in a fast-paced environment.
Demonstrates accuracy and thoroughness; looks for ways to improve and promote quality; monitors own work to ensure quality.
Strong knowledge of financial regulations, compliance requirements, and financial reporting standards.
High school diploma or general education degree (GED); or one to three years related experience and/or training in deposit operations, banking, transaction processing and account maintenance; or equivalent combination of education and experience. Associates degree or higher preferred.

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.