Depositor Services Processing & Support Specialist I

Fifth Third; United States; On-site; USD 36,000 - 48,000; Full time

Job summary

Fifth Third is seeking an entry-level Depositor Services associate in Cincinnati, OH to process and store deposit support documents. You will handle envelopes, branch capture bags, and document verification while complying with IRS reporting requirements. You will also assist with tax form processing and respond to customer inquiries.

The role emphasizes data entry accuracy, document organization, and maintaining data security, supporting internal partners and customers across banking operations.

Qualifications

• Entry-level responsibilities related to processing and storing deposit support records/documents.
• Ability to obtain, analyze, verify, and key data into online systems.

Responsibilities

• Ensure accuracy and timely processing of deposit documents and envelopes.
• Process tax forms and related notices (W-8/W-9, B-Notices, C-Notices).
• Protect customer information by following procedures and regulations.
• Provide top-tier customer service to internal and external partners.
• Maintain organized storage and labeling of documents.

Skills

Data entry

Filing

Customer service

Analytical skills

Education

High School Diploma or equivalent

Tools

Microsoft Office

Job description

GENERAL FUNCTION:

Performs entry level duties related to processing and storage of deposit support records/documents in Depositor Services. Duties include but are not limited to filing, research, and customer account maintenance. Assists with centralized tax processes such as Tax Form W8/W9 Processing; Federal and State Interest Remittance Processing, IOTA/IOLTA Processing, ECIF Duplicate Suspect Review, and other customer information/tax profile support. Obtain, analyze, verify, and key data as needed into online systems. Take appropriate steps to obtain missing information. Maintain up to date standards and practices of IRS reporting information. Assist with the internal call center for financial centers for all customer profiles, information reporting, and tax withholding questions as needed. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Ensure accuracy and timely processing of all tasks including but not limited to envelope stuffing and branch capture bag handling, statement reconstructions, and verification of deposit requests while maintaining set service level agreements and productivity standards.
• Process and review tax forms and functions such as W-8s, W-9s, B-Notices, and C-Notices, Backup Withholding, Interest Remittance to State/Federal Governments, IOLTA Remittance, ECIF Duplicate Suspect Review, IRS Reporting and Year End Reporting as necessary for customer accounts.
• Check documents and system records to assist various departments.
• Protect customer information by following all procedures and regulations.
• Provide top-tier customer service to internal and external partners.
• Participate in efforts to enhance customer experience.
• Sort incoming mail and prepare outgoing mail and packages.
• Keep documents organized and labeled in storage rooms.
• Use vendor systems for offsite storage.
• Report issues to management and suggest improvements.
• Participate in UAT production testing driven by the business analyst team to provide feedback on process improvement projects.
• Occasionally assist with training peers on department processes and functions.
• Learn and assist with other department processes and perform other duties as assigned.

SUPERVISORY RESPONSIBILITIES:

None

MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

• High School Diploma or equivalent.
• 2-4 years professional experience.
• Ability to stand for long periods of time and work in close quarters.
• Experience filing and retrieving documents.
• Previous depositor services or banking experience preferred.
• Detail oriented.
• Strong written and verbal skills.
• Proven computer skills.
• Demonstrated organizational skills.
• Ability to work independently and in a group environment.

WORKING CONDITIONS:

• Normal office environment.
• Extended viewing of computer screens.
• Ability to lift 25 pounds frequently.

BENEFITS AND COMPENSATION:

Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.

LOCATION:

Cincinnati, Ohio 45227

AGENCY POLICY:

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

EEO STATEMENT:

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

ABOUT US:

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step? Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.