Deposit Services Specialist II

The-First-National-Bank-in-Sioux-Falls; Sioux Falls (SD); On-site; USD 42,000 - 54,000; Full time

Benefits offered by this job

Health Insurance

Profit Sharing

Paid Vacation & Holidays

Company paid short and long term disb

Job summary

The First National Bank in Sioux Falls is seeking a Deposit Services Specialist to support the administration and back-end management of customer deposit accounts. You will perform a variety of operational tasks to ensure accurate processing of deposits in line with bank policies and regulatory requirements, and you will collaborate with internal teams and external partners to deliver reliable service.

In this role you will resolve deposit-related questions, maintain accurate account

Qualifications

• Process CIP and COBO check-off in an efficient and accurate manner; Identify, address, and/or escape issues appropriately.
• Process new account openings, ensuring all required documentation is complete and accurate.
• IRA Savings & IRA CD Administrative Support
• Assist with IRA/EOY Reporting
• Ensure unclaimed property is sent to appropriate states.
• Complete all required check off process in an efficient and accurate manner; Identify, address, and/or escape issues appropriately.
• Investigate and resolve discrepancies in a timely manner.

Responsibilities

• Deposit Processing Reconciliation and Maintenance: Process deposit servicing Maintenance and Reconciliation, ensuring all required documentation is complete and accurate.
• Quality Control: Verify critical fields and confirm receipt of signature cards and related account documents; Review system reports, solve problems, and correct all errors.
• Mail Processing and Distribution: Accurate, efficient, and secure handling of incoming and outgoing mail for the Bank; log, research and resolve each return mail piece; maintain, monitor, and charge return mail fees.

Job description

Careers at The First National Bank in Sioux Falls

The Deposit Services Specialist supports the administration and back-end management of customer deposit accounts, performing a variety of operational tasks to ensure account information and deposit services are processed accurately, efficiently, and in accordance with Bank policies and regulatory requirements. This role researches and resolves deposit-related questions and issues, maintains accurate account information, and supports the day-to-day operation of deposit services. The Deposit Services Specialist works closely with internal teams and external partners to provide timely and reliable support while helping create a seamless experience for customers and maintaining strong operational and regulatory compliance.

In addition, our FIRST Values apply to all teammates without exception.

FIRST Values

• Family – We support, trust, and respect each other, our customers, and our shareholders.
• Independence & Innovation – We embrace change as vital to our success.
• Relationships – We build relationships that are based on strong character, mutual loyalty, trust, and respect.
• Stewardship – We take care of ourselves so we can take care of others.
• Teamwork – We help each other grow and succeed.

Who we are:

The First National Bank in Sioux Falls began its long-term commitment to the Sioux Falls area in 1885. The oldest bank in Sioux Falls owes its longevity to a combination of service, stability, innovation, and family involvement. Over the past 140 years, The First National Bank in Sioux Falls has worked diligently to promote the growth and vitality of our city and the surrounding area. The Bank strives to continually be recognized as a community leader by reinvesting financial resources back into the communities it serves and encouraging active employee involvement in community volunteer organizations.

The First National Bank Way, which is a blend of our Mission Statement and FIRST Values, serves as the foundation of our culture. It is a gift that has been passed down to us and is the legacy that we will protect and preserve. Nothing is more important to us – it is the cornerstone of our success.

Our culture is driven by integrity, service, and strong values; nothing has shaped it more than our FIRST Values.

Our FIRST Values are not just words; they are truly felt by our employees, customers, shareholders, and communities. They tell us who we are as a business and guide our behaviors and decisions as we move forward and build successful relationships.

Although banking has evolved over the years, our mission and values have not and will not change.

What will you do:

Accountabilities

Deposit Processing Reconciliation and Maintenance

Process deposit servicing Maintenance and Reconciliation, ensuring all required documentation is complete and accurate.

• Process CIP and COBO check-off in an efficient and accurate manner; Identify, address, and/or escape issues appropriately.
• Process new account openings, ensuring all required documentation is complete and accurate.
• IRA Savings & IRA CD Administrative Support
• Assist with IRA/EOY Reporting
• Ensure unclaimed property is sent to appropriate states.
• Complete all required check off process in an efficient and accurate manner; Identify, address, and/or escape issues appropriately.
• Investigate and resolve discrepancies in a timely manner.

Quality Control

Deliver accurate, compliant, and customer-focused support while contributing to the bank's reputation for excellent service.

• Responsible for effective and efficient processing of new DDA, savings, COD, and IRA accounts and necessary support.
• Verify critical fields and confirm receipt of signature cards and related account documents.
• Review system reports, solve problems, and correct all errors.
• Update accounts as needed relative to DDA, Savings, COD, and IRA exceptions and interest accrual exceptions.
• Input account changes on Navigator using completed maintenance request forms, including waivers, product switches, addenda records, internal transfers, sweeps, etc.

Mail Processing and Distribution

Accurate, efficient, and secure handling of incoming and outgoing mail for the Bank.

• Assist bank teammates with mail questions and processes.
• Log incoming checks as required for reconciliation.
• Scan documents as necessary.
• Process daily return mail; route to the appropriate individual, department, or workflow process.
• Log, research and resolve each return mail piece utilizing the web, account officers, and customer contact.
• Maintain, monitor, and charge return mail fees through a recurring service charge, update associated account fields for manually controlled accounts and Reg D compliance.
• Excellent verbal and written communication skills.
• Demonstrate creativity and problem-solving skills. Solution-oriented to customers.
• Excellent organizational skills and attention to detail. High degree of accuracy required.
• Demonstrate a high degree of concern for professional and innovative customer service.
• Ability to maintain positive rapport with a wide range of individuals.
• Ability to adapt to the needs of the organization and teammates.

What’s in it for you?

• Health Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company paid short and long term disability