Deposit Operations Specialist

Republic Bank & Trust - Louisville, KY

Full-time

Louisville, KY

Credit Intermediation and Related Activities

About the position

The Deposit Operations Specialist at Republic Bank plays a crucial role in the bank's operations by performing a variety of tasks related to ACH (Automated Clearing House), research, deposit services, and deposit accounts/products. This position is designed for individuals who are looking to develop their skills and advance within the banking industry. Republic Bank emphasizes the importance of its associates and offers opportunities for learning and growth, making it a great place for those seeking a long-term career rather than just a job. In this role, the specialist will handle telephone requests that require a solid understanding of operations. They will be responsible for processing file maintenance requests and setting up ACH clients, which includes managing prenotes and exceptions, as well as performing ACH balancing using system reports. The specialist will also process chargebacks and return items, ensuring that all transactions are handled accurately and efficiently. Additionally, the Deposit Operations Specialist will need to maintain a working knowledge of compliance requirements that affect their position and responsibilities. This includes actively learning about new regulations and assisting in their implementation when necessary. The role requires modeling and fostering behaviors that align with the bank's values, creating an atmosphere of trust, cooperation, accountability, and dedication to the organization. The specialist will also be expected to perform other duties and projects as assigned, demonstrating flexibility and a willingness to contribute to the team's success.

Responsibilities

• Handle telephone requests requiring operations knowledge.
• Process file maintenance requests.
• Set-up ACH clients & return information, process ACH prenotes & ACH exceptions, and perform ACH balancing using system reports.
• Process chargebacks and return items.
• Determine and function account and general ledger entries.
• Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
• Model and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
• Willingly perform all other duties and projects as assigned.

Requirements

• 1 year of banking experience preferred.
• Demonstrated proficient computer skills.

Nice-to-haves

• Well organized, detail-oriented, self-motivated, and a team player.
• Ability to work independently and in a team environment.
• Requires a high energy level and strong sense of urgency to meet department deadlines.
• Excellent communication skills.