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Deposit Operations Associate

LendingClub
Boston, MA Full Time
POSTED ON 12/6/2022 CLOSED ON 5/3/2023

What are the responsibilities and job description for the Deposit Operations Associate position at LendingClub?

Current Employees of LendingClub: Please apply via your internal Workday Account
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC, and the only full-spectrum fintech marketplace bank. Members can gain access to a broad range of financial products and services through a technology-driven platform, designed to help them pay less when borrowing and earn more when saving. Since 2007, more than 4 million members have joined the Club to help reach their financial goals. We’re leading the governance of a new industry by developing ethical, responsible ways to bring greater value and better opportunities to our members. Everyone deserves a better financial future and our team is committed to making that a reality. Come join us!

About the Role
The main functions of the Deposit Operations Team are processing mobile deposits, check exceptions/adjustments, Levys and Garnishments, and abandoned property. The team is also responsible for settlement and reconciling of some deposit and ATM related GL accounts. The team also performs research as needed. Team members must provide superior service to our business partners in accordance with the Bank’s Core Values and accept personal responsibility for completing each assigned task. We are all responsible for every client, are empowered to make a difference, and are accountable to each other in meeting these expectations.
What You'll Do
  • Manage and process Mobile Deposits
  • Process check exceptions
  • Settle ATM and manage exception posting
  • Withholding Tax payments & reporting
  • Assist with balancing & reconciliations
  • Process levy and garnishment
  • Develop and maintain strong working relationships with business partners to communicate information and provide assistance related to operational processes.
  • Perform additional duties and participates in special projects as requested by Operations Manager
  • Assist in Audit and Regulatory reviews
  • This position is based on our Boston, MA office. Mandatory hybrid office schedule, with 2-3 days a week in the office.
About You
  • You have a minimum 2 years of prior banking experience, preferably in an operations environment
  • You have a knowledge of regulatory compliance and branch/bank policies and procedures
  • You're experienced with Microsoft Office Suite, including MS Word, Excel, PowerPoint and Outlook, as well as internet navigation
  • You have effective written and verbal communication skills
  • Bachelor’s degree
Work Location
Boston, MA


Time Zone Requirements
EST

LendingClub is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.

We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process. If you need assistance or an accommodation due to a disability, please contact us at interviewaccommodations@lendingclub.com.

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