The posting
Deposit Operations Manager – To $100K – Elk Grove Village, IL – Job # 3724
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Deposit Operations Manager role in the Elk Grove Village, IL market. The successful candidate directly manages all Retail Operations associated with a check, ACH, debit cards, and ATM transaction processing, including, but not limited t,o paid items, large items, non-post, online entries, overdrafts, return items, stop payments, statement rendering processing, and research and legal documentation related to subpoenas and citations.
This position comes with a generous salary of up to $100K and a full benefits package.
Deposit Operations Manager responsibilities include:
- Overseeing the check and deposit account processing function, including several key processes — check payments, deposited items, ACH, overdrafts and return items, ATM and debit card settlement, statement rendering, and related reconciliation.
- Actively managing all aspects of the lockbox remittance processing and the proof department function, including customer set-up and monthly billing.
- Preparing monthly statistical control reports for account reconciliation (WIP accounts), ATM, debit card, and lockbox profitability, and other reports as requested.
- Resolving customer issues related to deposit and lockbox exceptions or errors.
- Overseeing the Bank’s customer Masterfile records.
- Managing the due from the bank (Federal Reserve), official check, currency vault, ATM/Debit Card settlement, Internet Banking, ATM Card processing and reconciliation including approval of monthly general ledger balancing packages.
- Managing the imaging of deposit account-related documents and forms.
- Responsible for deposit account research and adjustment activities.
- Responsible for Retail Operations team including coaching, mentoring, employee development, and training as well as performance management and any employee relation issues.
- Working closely with many of the other functional areas of the Bank to ensure efficient and timely management of customer deposit accounts.
- Other duties may be assigned as needed.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
- A college degree in a business-related or technical field is preferred. High School diploma or general education degree (GED) required.
- Ten or more years of banking (retail) or related experience, with significant exposure to a wide range of deposit account processing activities, along with proven supervisory/management skills.
- Working knowledge of fundamental bank compliance topics.
- Demonstrating logical judgment, being detail-oriented, and able to prioritize and quickly move from one topic/assignment to the next
- Effective time management skills.
- Excellent oral and written communications or communication skills with a wide range of internal clients.
- Excellent technological skills, computer savvy, in addition to the basic Microsoft Office products.
