Deposit Operations Specialist

Description Peapack-Gladstone Bank is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solutions, capable of providing the most sought-after products and services that fulfill all of our clients' needs. We offer an innovative approach to private banking to help clients establish, maintain and expand their legacy. What makes Peapack-Gladstone Bank different from our competition? We are an institution that's over 100 years old that has always believed in putting the well-being and needs of our employees and our clients first. We are proud to be recognized for the sixth consecutive year, by American Banker as one of the 'Best Bank to Work For' across the nation. Our secret sauce in one word is our 'culture'. We value a diverse, equitable, inclusive and safe workspace. Our one-team culture goes to great lengths to show all employees that they are valued members of the team. We treat each other as family, and as such, communicate throughout the Bank in a transparent and frequent manner, respect and value feedback from all levels and operate with a philosophy of hospitality and general human kindness. There are multiple way to build relationships and get involved; from joining one of our Cultural Ambassador Sub-Committees focused on our Wellness, Employee Fun, Diversity & Inclusion, or Environmental Awareness, to involvement in multiple community service activities through our Volunteerism outreach, to joining LIFT (a committee focused on enriching the lives of women - Leading Inspiring Females Together). Said quite simply, the culture is amazing Position Overview: The Deposit Operations Specialist is responsible for providing exemplary service and various back-office processing of deposit operations functions that may include but are not limited to, overdrafts and adjustments, account file maintenance, research requests, IRA support, levies and subpoena research, ACH transactions including returns and adjustments, fraud monitoring and core system maintenance. The Deposit Operations Specialist is also responsible for supporting Treasury Management, Platinum Services and other business lines of the institution. Responsibilities: Deposit Operations Responsibilities: Daily DDA, SAV and CD/IRA account maintenance on new, existing and closed accounts. Daily Q/A review of Branch Maintenance WorkFlows Research and make entries to resolve all posting exceptions from the nightly item processing. Daily and monthly proofs of DDA and GL accounts. Handle all aspects of NSF items, chargebacks and large dollar notifications. Responsible for maintenance of all master rates as they are updated. Foreign check collection and processing. Research of Reclamations and Death Notifications. Research and process FED adjustments. Process Tax Levies and Garnishments from local, state and federal governments. Customer account research including statement and image fulfillment. Implement and maintain deposit operations policy and procedures to comply with federal and state regulations. Other job functions including but not limited to: back-up withholding, B-notices, dormant & escheat processing, etc. Qualifications: High school diploma or equivalent required. Bachelors degree or college coursework preferred. ACH knowledge and/or certification preferred. Minimum of 1-2 years of related deposit operations experience. Working knowledge of regulations and procedures as they pertain to banking and deposit operations. Good oral and written communication skills. Ability to analyze and resolve discrepancies in deposit accounts. Familiarity with banking systems, as well as Microsoft Word, Excel, etc Desired: Provide the highest level of quality service for internal/external customers; respond to customers' needs, questions and concerns in an accurate, effective and timely manner. Exercise good judgement, maintain a positive attitude, discretion and initiative in servicing customers. Have a 'one team' mentality and adhere to the banks core principals. Prioritize work, meet deadlines, achieve goals and maintain a professional composure while working under pressure in a complex environment. Quickly make decisions, applying skills learned while being accountable for accurate daily work. Detail oriented with strong organizational, problem solving, data review and time management skills; with the ability to manage multiple assignments, and reporting requests ensuring that priorities are set, and commitments and deadlines are met, with minimal supervision. Contribute to the success of the department with willingness to cross train and share in the department responsibilities. Effective oral and written communication skills with the ability to communicate over the phone, in person and via e-mail. Proficient use and understanding of Jack Henry and MS office practices (Word, Excel, Outlook), with the ability to learn and adapt to new technologies. Perform other related deposit operations duties as assigned. bi-lingual a plus. Benefits Peapack-Gladstone Bank offers medical, dental, and vision coverage to full-time employees, in addition to a competitive PTO package and 401k match. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Created: 2024-11-02