Deposit Operations Specialist

Newtek One

3d • $55,000 - $67,000

About The Position

NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business ("SMB") market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
Newtek's and its subsidiaries' business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.
Newtek Bank, N.A. is looking to add a Deposit Operations Specialist to its team. (Please see below for schedule information)
The Deposit Operations Specialist is responsible for managing and overseeing various aspects of deposit-related transactions within the back office of the financial institution. This role requires a keen attention to detail, excellent organizational skills, and a deep understanding of banking regulations and procedures.

Requirements

• 2+ years required in the banking industry focused on core operations.
• General banking knowledge in deposit products.
• Strong attention to detail.
• Exercise good judgement and problem-solving skills.
• Ability to multi-task and prioritize to meet time-sensitive deadlines.
• Ability to work collaboratively in a team-oriented environment.
• Ability to learn and use multiple banking software programs.
• Excellent verbal and written communication skills.
• Enthusiastic and positive attitude with a desire to help others.
• Exceptional communication and interpersonal skills.
• Willingness to assist in cross-functional projects and initiatives.
• Intermediate skills of Microsoft word, Excel and Powerpoint.
• College degree from a two-year or four-year program preferred.
• 2+ years in the banking industry required.

Nice To Haves

• Knowledge in one or more of the following banking applications: Fiserv Premier, Director, Business Process Manager, Business Analytics, Onboard Advisor preferred.

Responsibilities

• Maintain a strong understanding of bank policies and regulatory compliance requirements.
• Manual Account Opening
• Account Maintenance
• Set-up Account Sweeps
• Certificate of Deposit Maturities
• IRA Maintenance
• Funds Availability - Placing Exception Holds
• Inactive, Dormant and Escheated Account Reconcilements
• Garnishments

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 101-250 employees