Bank Operations Specialist

Minnwest Corporation; Redwood Falls (MN); On-site; USD 25,000 - 29,000; Full time

Benefits offered by this job

Health Insurance

401(k) Matching

Paid Holidays

Paid Vacation

Disability Insurance

Life Insurance

Tuition Reimbursement

Employee Assistance Program

Volunteer PTO

Job summary

Minnwest Bank in Redwood Falls, MN, is seeking a Bank Operations Specialist (Funds Monitoring) for a full-time position. You will process NSF/OD items, manage wire transfers, and oversee ACH origination in a fast-paced environment in accordance with bank policies.

This role requires a high school diploma and 2 years of office experience with strong verbal and written communication. Schedule is Monday–Friday, 8:00 a.m.–5:00 p.m., with a comprehensive benefits package.

Qualifications

• High school diploma.
• 2 years of office experience with satisfactory performance.
• Good verbal and written communication.

Responsibilities

• Process NSF/OD items and correct non-posts on banking systems.
• Process incoming wire transfers with proper authorization.
• Process ACH origination files and reconcile ACH activity.
• Review fraud alerts and identify policy exceptions or red flags.
• Coordinate with other employees and departments; occasional lifting up to 50 lbs.

Skills

NSF processing

Wire transfers

ACH processing

Fraud awareness

Education

High school diploma

Secondary education in business/Accounting

3 years of experience in business or accounting

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Bank Operations Specialist

Full-time Regular OFFICE 5C Redwood Falls, MN, US

3 days ago Requisition ID: 1362

Salary Range: $18.40 To $20.70 Hourly

About Minnwest: Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:

• The customer is the first priority.
• We will keep all of the commitments we make.
• We are the people who get things done.
• We will work together as a team.

Job Summary: The Bank Operations Specialist (Funds Monitoring) serves as a team member in the operations area supporting the funds monitoring division. This role processes NSF/OD items, resolves exception items and processes the movement of funds through the Federal Reserve Bank and correspondent accounts in a fast-paced environment according to bank policies and standard operating procedures. Team member is responsible for following established guidelines and identifying and resolving problems.

Duties and Responsibilities (including but not limited to):

• Process non-sufficient funds (NSF) and return items and correct non-posts on FMS, DDA, savings, COD, and safety deposit box applications
• Process incoming wire transfers, reviewing wire transfer requests for proper completion and authorization according to wire transfer procedures
• Process ACH origination files, record ACH activity, process ACH File Origination Balancing sheet and ACH return items, reconcile same day ACH transactions
• Review fraud alerts, control bank risk by identifying exceptions to policy or recognizing wires with red flags
• High school diploma
• 2 years of experience with at least satisfactory performance in office duties
• Good verbal and written communication skills

Preferred Qualifications:

• Secondary education in business, accounting, or excel specialist
• 3 years of experience with at least satisfactory performance in business or accounting
• Good understanding of all standard operating procedures relating to bank operations, retail, and wire transfers

Schedule: Monday – Friday: 8:00 a.m. – 5:00 p.m.

• Requires face-to-face interaction and coordination of work with other employees and departments, and in-person interaction.
• Working at a computer and utilizing a telephone
• Occasionally lifting up to 50lbs

Pay Range: $18.40 - $20.70 hourly

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. The salary range represents anticipated base pay for this role. The actual pay offered will consider internal equity and may vary based on factors including but not limited to work location, candidate’s job-related knowledge, skills, and experience, among other factors.

Minnwest Benefits: In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:

• Comprehensive Medical, Vision and Dental Insurance
• Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
• Paid Holidays and Competitive Paid Vacation Days
• Short- and Long-Term Disability
• Life, Critical Illness, and Accidental Insurance
• Tuition Reimbursement and Career Development Opportunities
• Employee Assistance Program (EAP)
• Paid Time Off to volunteer in your community
• Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission or your offer of employment.

EEO: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.