Deposit Account Services and Governance Specialist

Busey Bank•Champaign, IL

4d•Onsite

About The Position

The Deposit Account Services and Governance Specialist ensures tax reporting and interest payments for deposits are completed accurately and within bank guidelines. This position ensures Customer Information Files (CIF) and deposit accounts are coded appropriately on the core system and that deposit accounts adhere to compliance and audit guidelines.

Requirements

Strong oral and written communication skills
Strong organizational skills
Attention to detail to prevent loss to the bank
Maintain confidentiality of customer and bank information
Work independently
Maintain visual attention and mental concentration for extended periods of time
Perform duties and make decisions under frequent time pressures
Requires High School diploma
Requires knowledge of Microsoft Office

Nice To Haves

Bank policies, procedures, and Federal Regulations
Jack Henry Xperience system
one or more years of related bank or accounting experience

Responsibilities

Maintain Customer Information Files (CIF) and deposit accounts via documentation submitted by the front line utilizing basic data entry functions.
Process the following reports and tasks on a daily basis: Dormancy, Deceased, Product Changes, Pending Closed, and Interest Dropped
Assist the front line through the phone and email queues
Balance Safe Deposit Box Settlement and CD/IRA Settlement
Manage CD/IRA interest & distribution checks
Update DDA, CD, and special rates as directed by Finance
Handle year end reporting and complete tax corrections as applicable for interest bearing accounts including Health Savings Accounts and IRAs.