Deposit Specialist

HEBRON SAVINGS BANK•Hebron, MD

About The Position

The primary responsibility of the Deposit Specialist is to assist in implementing, communicating, and maintaining the bank’s compliance program to ensure conformity and adherence with all applicable federal and state banking laws and regulations, and bank policies.

Requirements

Knowledge of banking policies as well as state & federal banking regulations
Working knowledge of Microsoft WORD and EXCEL
Good analytical, logical and problem-solving skills.
Strong communication (written & verbal) and interpersonal skills
Strong organizational abilities and attention to detail
Accepts responsibility eagerly

Responsibilities

Reviewing new and revised deposit account signature cards (DDA, savings & CD) verifying that bank Customer Identification Policy (CIP) requirements, under the Bank Secrecy Act, are met, following up with branch personnel as needed;
Monitoring new and revised Customer Information File (CIF) records and account maintenance to ensure accuracy and consistency; following up to ensure issues are addressed;
Participating in required compliance training and insuring compliance with all regulations that apply within the scope of the position. Supervisors have day-to-day oversight responsibility for ensuring compliance with regulatory laws as they relate to functions within their departments;
Maintains comprehensive knowledge of bank policies, procedures, including BSA training, to ensure department operates in compliance at all times;
Processing garnishments, IRS levies, and attachments timely and accurately;
Monitoring and investigating dormant accounts and abandoned property, communicating with customers and closing accounts when necessary;
Regulation CC availability, review for ATM deposits as required.
Assisting in the scanning all account documents using the Synergy system as needed;
Balancing CD, CD Interest Checks, and Safe Deposit Box general ledger accounts and mailing daily interest checks and monthly Safe Deposit Box notices;
Assisting in the maintenance, review and administration of the bank’s IRA customer account portfolio;
Acting as compliance and computer software resource by assisting employees as needed with such areas as, account opening, name changes, and mass file maintenance;
Assisting in implementation of procedures to comply with new state & federal regulations or changes to existing state & federal regulations as needed;
Train as back up for OnBoard Administrator;
Completing all other duties as assigned.