Banking Services Operations Associate III - Lockbox Processor

M&T Bank • Baltimore, MD

1d

About The Position

Processes and researches payments according to account specifications for Lockbox customers. The role prepares deposits for processing using customer-specific documented instructions, completes transaction-processing functions and exception-item processing, prepares daily reports, and reviews processed deposit transactions for accuracy. The position also adheres to company risk and regulatory standards, policies, controls, and internal control standards; identifies risk-related issues for escalation; supports a sense of belonging and the M&T Bank brand; and completes other related duties as assigned.

Requirements

• Associate’s degree, or a combined minimum of 2 years of higher education and/or work experience in lieu of a degree.

Responsibilities

• Prepare deposits for processing using customer-specific documented instructions and complete all functions associated with transaction processing.
• Complete exception item processing of deposit transactions.
• Prepare daily reports using prepared worksheets.
• Review processed deposit transactions for accuracy.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite.
• Identify risk-related issues that need escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points and applicable issues raised by external regulators.
• Complete other related duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree