Banking Operations & Payments Specialist I

Buckeye Community Bank; Sheffield Township (OH); On-site; USD 52,000 - 70,000; Full time

Job summary

Buckeye Community Bank, founded in 1999, seeks a detail-oriented operations professional to support wire transfers, treasury desk management, daily operations processing, and account reconciliation. The role requires strong accuracy and good knowledge of banking procedures.

The position emphasizes adherence to regulatory requirements and collaboration with internal teams to ensure efficient processing and reporting.

Qualifications

• Efficient with Microsoft Word and Excel.
• Knowledge of internal banking procedures as well as regulations.

Responsibilities

• Initiates wire transfers based upon requests from customers and internal departments.
• Responsible for wire agreements.
• Manages the cash position at correspondent banks and the Federal Reserve Bank and handles the buying and selling of funds as needed.
• Processes any foreign currency requests.
• Performs the daily GL balancing for wire activity and cash positioning.
• Manages broker CDs and QwickRate CDs.
• Maintains safekeeping and collateral files for investment portfolio.
• Review and verify monthly pledge reports.
• Send ACH and wire activity reports to appropriate person for monthly Retail reports.
• Scans and indexes all daily documentation into the appropriate correspondent buckets in Synergy.
• Work any chargebacks, adjustments, and rejects from UBB.
• Review ACH returns, mail notices and update ACH volume tracker.
• Assists with daily printing and mailing of statements.
• Review and verify signatures for all checks over $5,000.
• Review, verify and work items in Defender and contact clients when necessary.
• Performs specific account research for internal and external customers.
• Prepares responses for account verification requests and handles estate letters.
• Test all borrowing lines annually.
• Maintains appropriate records to ensure compliance with the Bank Secrecy Act, including Customer Identification and Suspicious Activity Reporting.
• Performs OFAC verification and certification.
• Responsible for audit requests.
• Assists in preparation of policies related to operational procedures.
• Responsible for following policies and procedures related to Buckeye Community Bank’s Compliance Program.

Skills

Microsoft Word

Microsoft Excel

Job description

Buckeye Community Bank, founded in 1999, seeks a detail-oriented operations professional to support wire transfers, treasury desk management, daily operations processing, and account reconciliation. The role requires strong accuracy and good knowledge of banking procedures.

The position emphasizes adherence to regulatory requirements and collaboration with internal teams to ensure efficient processing and reporting.