Banking Operations Specialist

Farmers and Merchants Bank of Long Beach•Seal Beach, CA

6d•$23 - $34•Onsite

About The Position

The Banking Operations Specialist is responsible for responding to internal customer inquiries and requests in a timely and efficient manner. This role serves as a second-level support resource, providing operational guidance on bank policies and procedures, core system functionality, branch applications, and product-related matters. Key responsibilities include ensuring the accurate and compliant completion of operational tasks, monitoring service interactions, and identifying areas for improvement. The Banking Operations Specialist collaborates with branches and internal departments to escalate and resolve complex issues as needed. Additionally, the role supports the implementation of updates and enhancements to the bank’s core systems in coordination with the software provider.

Requirements

Comprehensive understanding of the Bank Protection Act (BPA)
In-depth knowledge of Bank Secrecy Act (BSA) requirements
Familiarity with the Privacy Act and data protection standards
Strong knowledge of Bank operational policies and procedures
Proficiency in banking systems, particularly the Bank’s core application
Working knowledge of Bank products and services
Expertise in Branch operations, including Teller functions, New Accounts, and general operations.
Understanding of key banking regulations, including: Regulation CC (Funds Availability), Regulation D (Reserve Requirements), Regulation DD (Truth in Savings), Regulation E (Electronic Fund Transfers)
General knowledge of the Fair Credit Reporting Act (FCRA)
Familiarity with Safe Deposit Box procedures and controls
Knowledge of FDIC insurance guidelines and coverage
Understanding of Unclaimed Property laws and regulations
Proficiency in New Accounts policies and procedures
Strong ability to assess situations, exercise sound judgment, and provide effective guidance.
Demonstrated critical thinking and problem-solving skills.
Proven ability to lead, motivate, and influence others.
Excellent client service skills with a focus on responsiveness and relationship-building
Highly detail-oriented with a strong commitment to accuracy and quality
Effective process improvement mindset with the ability to identify and implement efficiencies.
Strong time management skills with the ability to prioritize and meet deadlines in a fast-paced environment.
Advanced analytical skills with the ability to evaluate complex information and recommend solutions.
Excellent interpersonal skills with the ability to collaborate across departments.
Strong organizational skills with the ability to manage multiple tasks and projects simultaneously.
Excellent oral and written communication skills
Proficiency in telephone and professional communication etiquette
Working knowledge of Microsoft Office applications (e.g., Outlook, Excel, Word)
Familiarity with banking operational systems and technologies
Strong focus on quality assurance and continuous improvement
High school diploma or equivalent required
Demonstrated experience with core banking systems required.
Minimum of 2+ years of banking experience, with a strong working knowledge of banking operations

Responsibilities

Maintain a high level of professionalism in all interactions with Bank employees, fostering positive relationships through clear and effective communication.
Demonstrate advanced knowledge of Bank operational policies and procedures.
Provide high-level support to branches regarding operational issues, policies and procedures, systems, applications, and product inquiries.
Respond promptly to all Branch inquiries and approval requests received via the department Outlook mailbox, PERForms system, and phone.
Analyze and interpret information provided by Branch personnel alongside Bank policies to determine appropriate resolutions; ensure follow-up until full resolution is achieved.
Approve or decline requests within the scope of the department’s delegated authority.
Coordinate, manage, and escalate complex approval requests to appropriate departments, ensuring timely follow-up through resolution.
Remotely access Branch workstations to troubleshoot core banking system issues; escalate unresolved problems to Management, as necessary.
Accurately log and track all incoming calls, emails, and PERForms requests using the department tracking system, including issue type, contact details, and resolution documentation.
Open, monitor, and manage service cases with the Bank’s core system vendor and other application providers.
Collaborate with internal departments to review system enhancements, patches, custom developments, and fixes for the Bank’s core system.
Develop and manage timelines for implementation of system updates, enhancements, and projects in coordination with stakeholders.
Create detailed test scripts to validate system changes and ensure functionality aligns with business requirements.
Execute validation and user acceptance testing (UAT) for system enhancements, patches, custom code, annual releases, and ancillary applications in both test and production environments.
Participate in and lead Bank initiatives and projects related to branch enhancements and new system implementations.
Provide training and guidance to department staff, as needed.
Draft and update departmental procedures assigned by Management to ensure accuracy and compliance.
Complete advanced external training courses to maintain and enhance job knowledge and technical expertise.
Participate in the Bank’s Tour of Duty program.
Work weekends and outside regular business hours as needed to support operational requirements.
Complies with all applicable state and federal banking laws, regulations, and internal policies related but not limited to lending, operations, and deposit requirements, including Bank Secrecy Act (BSA), Anti-Money Laundering (AML) requirements, Office of Foreign Assets Control (OFAC) regulations, Customer Identification Program (CIP) requirements, Financial Elder Abuse reporting laws, Sexual Harassment prevention policies, information security and privacy requirements.