Banking Services Operations Associate III - Lockbox Processor
About The Position
Overview: Processes and researches payments according to account specifications for Lockbox customers. Primary Responsibilities: Prepare deposits for processing using customer-specific documented instructions while completing all functions associated with transaction processing. Complete exception item processing of deposit transactions. Prepare daily reports utilizing prepared worksheets Review processed deposit transactions for accuracy. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. Promote an environment that supports belonging and reflects the M&T Bank brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other related duties as assigned. Scope of Responsibilities:
Requirements
- Associate’s degree, or In lieu of a degree, a combined minimum of 2 years’ higher education and/or work experience
Responsibilities
- Prepare deposits for processing using customer-specific documented instructions while completing all functions associated with transaction processing.
- Complete exception item processing of deposit transactions.
- Prepare daily reports utilizing prepared worksheets
- Review processed deposit transactions for accuracy.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
- Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
Benefits
- M&T Bank is committed to fair, competitive, and market-informed pay for our employees.
- As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
