Deposit Operations CIF Specialist

$35,000 - $92,000/Yr

Texasbank - Fort Worth, TX

Full-time

Onsite - Fort Worth, TX

Credit Intermediation and Related Activities

About the position

The Deposit Operations CIF Specialist at TexasBank is responsible for overseeing the review and validation of change management reports related to CIF-Deposit data generated by the bank's core system. This role ensures that all modifications are properly documented and authorized, while also monitoring exceptions for necessary follow-up actions. The specialist plays a crucial role in maintaining compliance with banking regulations and internal policies.

Responsibilities

• Conduct daily reviews of CIF and Deposit data change reports generated by the bank's core system.
• Compare the data contained in the reports against support retained in the bank's document image system, Synergy, ensuring all changes are properly authorized.
• Verify customer information against provided documentation, including identity, address, and Tax ID numbers.
• Review signature cards for new accounts to ensure proper authorization and assess account maintenance requests for authorized changes.
• Monitor and manage exceptions identified in tracking forms, ensuring timely follow-up with relevant parties.
• Track exceptions to completion to ensure they are reviewed and resolved by bank personnel in a timely manner.
• Provide weekly exception tracking sheets to Senior Management, updating them on exception rates and outstanding issues.
• Maintain a thorough knowledge of TexasBank's policies and procedures, as well as State and Federal laws.
• Possess a thorough grasp of verification workflows to ensure accurate processing of customer data and transactions.
• Perform other duties and special projects as assigned.

Requirements

• High School Diploma or equivalent is required.
• A minimum of three years of experience in data review with a focus on banking or financial data.
• Meticulous attention to detail.
• Knowledge of banking products and services.
• Basic understanding of financial regulations and compliance.
• Proficiency in computer applications and banking software.
• Effective problem-solving abilities and strong organizational skills.

Nice-to-haves

• Previous experience in retail banking, customer services, or a similar role is preferred.