Bank Operations Specialist - #24-20

Are you a detail-oriented professional with a knack for managing data and processes? Do you thrive in a team-oriented environment where your organizational skills and expertise in deposit operations can make a tangible impact? First Federal is looking for a Deposit Operations Specialist I to join our dynamic team and play a key role in ensuring seamless operations for our branches and customers.

As a Deposit Operations Specialist I, you'll provide technical support and expertise to both branch and administrative teams. This entry-level role is perfect for individuals with a foundational understanding of deposit operations and a passion for delivering exceptional internal support. You'll handle everything from managing IRA accounts to maintaining documentation, answering operational questions, and assisting with training.

What You'll Do:

IRA Administration:

• Set up and maintain IRA accounts in compliance with IRS and association guidelines.
• Manage contributions, distributions, and regulatory reporting (e.g., 1099R, 5498).
• Provide IRA-related guidance to branch staff and customers, including training sessions.

Deposit Administrative Support:

• Respond to operational questions from branch and customer service teams.
• Manage a variety of systems, including dormant accounts, escheatment, and safe deposit boxes.
• Oversee core system administration and assist with deposit product pricing surveys.
• Support certifications, reporting, and compliance documentation.

Communication & Collaboration:

• Maintain and update procedure manuals for deposit operations.
• Work closely with internal teams to streamline processes and resolve issues.
• Participate in team meetings and contribute to a positive workplace culture.

Compliance:

• Adhere to and enforce compliance policies, including BSA/AML regulations.
• Assist with audits and regulatory examination preparation.

What We're Looking For:

• Education & Experience:
  • A.A. in Business Administration (preferred) or High School Diploma with a minimum of 1-2 years of experience in operations or new accounts.
• Skills & Proficiencies:
  • Advanced knowledge of Microsoft Word and Excel, with proficiency in Outlook.
  • Familiarity with core deposit systems and reporting software.
  • Strong time management and organizational skills.
  • Effective interpersonal communication with a range of stakeholders.
• Other Requirements:
  • Ability to maintain confidentiality and make sound decisions.
  • Comfortable managing multiple projects in a fast-paced environment.
  • Commitment to teamwork and problem-solving.

Why Join Us?

At First Federal, we value integrity, collaboration, and innovation. We offer opportunities for growth, a supportive work environment, and the chance to make a meaningful impact in your community. As a Deposit Operations Specialist I, you'll gain hands-on experience in deposit operations while contributing to a team dedicated to excellence.

What We Offer:

• Competitive salary and benefits package
• Training and ongoing professional development
• Opportunities for career advancement within First Federal
• A supportive, team-oriented work environment where your contributions are valued

Ready to Apply? If you're ready to make a difference in the lives of our customers and grow your career in banking, we encourage you to apply today! Click https://firstfed.applicantpool.com/jobs/ to submit your application and join our team!

Deadline for Application: Position will remain open until filled.

Key concepts: banking, deposit operations, compliance, administration, support

Pre-Employment Requirements: This position will have access to cash, financial instruments, financial transactions or confidential customer financial information. As a result, the following pre-employment screens are required:

• Pre-employment drug screen - excluding Marijuana


• Criminal background screen


• Consumer credit report

Salary : $15 - $19