Deposit Operations Analyst I

Orrstown Bank; Harrisburg (Dauphin County); On-site; USD 42,000 - 54,000; Full time

Job summary

Orrstown Bank in Harrisburg, PA seeks a Deposit Operations Specialist I to perform maintenance on deposit accounts including IRAs, HSAs and CDs, ensuring proper CIF indexing and accurate documentation.

The role supports multiple business lines via phone and email, requires attention to detail, strong communication skills, and the ability to manage time effectively within regulatory guidelines.

Qualifications

• High school diploma or equivalent.
• Minimum one year of experience understanding and working with banking regulations and best practices in a Deposit Operations support environment; prior experience with banking software preferred.
• Proficient reading, verbal and written communication, mathematical, computer, problem solving, and interpersonal relations skills; strong working knowledge of IRA and HSA standards, and Microsoft Office.
• high level of organization and attention to detail; effectively multi-task and work within compressed time frames while meeting deadlines.

Responsibilities

• Complete various maintenance requests including account type changes, address changes and closing accounts; conduct proper indexing of CIF and deposit related documentation in the documentation repository; handle returned mail maintaining records relating to CIFs.
• Review and post transactions for IRAs, HSAs and CDs in accordance with proper documentation; manage the required minimum distribution process for IRAs to include processing disbursement checks; receive and process internal and external requests for IRA transfers and rollovers; process CD interest disbursement checks.
• Interact with various business lines to successfully achieve shared customer servicing goals; convey information clearly, concisely and accurately, both verbally and in writing.
• Coordinate specific work tasks with personnel from applicable departments to ensure the smooth and efficient flow of information; report pertinent information to immediate supervisor; compile information as necessary or directed and provide data to appropriate Bank personnel; respond to inquiries relating to the particular area and requests from customers, other Bank personnel, etc., within given time frames and established policy.
• Attend regularly scheduled coaching and counseling sessions held by supervisor to achieve the outcome of improved communication, action plan development, positive feedback and performance improvement.
• Abide by the current laws and organizational policies and procedures designed and implemented to promote an environment that is free of sexual harassment and other forms of illegal discriminatory behavior in the work place; support risk management practices and overall safety and soundness and the Bank’s compliance with all regulatory requirements.

Skills

Communication skills

Attention to detail

Multitasking

Mathematical

Problem solving

Microsoft Office

IRA/HSA knowledge

Banking regulations knowledge

Education

High school diploma or equivalent

Tools

Banking software

Job description

Orrstown Bank in Harrisburg, PA seeks a Deposit Operations Specialist I to perform maintenance on deposit accounts including IRAs, HSAs and CDs, ensuring proper CIF indexing and accurate documentation.

The role supports multiple business lines via phone and email, requires attention to detail, strong communication skills, and the ability to manage time effectively within regulatory guidelines.