Bank Operations Specialist

Minnwest Corporation•Redwood Falls, MN

3d•$18 - $21•Onsite

About The Position

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.

Requirements

High school diploma
2 years of experience with at least satisfactory performance in office duties
Good verbal and written communication skills

Nice To Haves

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

Responsibilities

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

Benefits

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
Paid Parental Leave
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