Deposit Operations Specialist, Deposit Processing

POSITION SUMMARY

The principal function of this position is to support the requirements associated with Deposit Processing functions. Additional cross training throughout the department to assist as needed in other areas will occur once the principal function has been mastered.

ESSENTIAL RESPONSIBILITIES

• Deposit Processing:

• Transaction item processing:

• Returns

• Unposted items

• Posted exceptions

• Special handling items

• Perform end of day settlement

• Chargebacks

• Foreign checks/drafts

• Mobile Deposits:

• Review and Decision electronically deposited items

• Quality Control:

• File Maintenance Reports

• Account Document Review

• Report review:

• Reg CC Holds

• Dormant Accounts

• ATM Settlement Reports

• Stop payments Review

• Duplicate Check Review

• Cashier's Check Review

• Adjustments:

• Rate Adjustments/Promotions

• Interest recalculations

• IRA and CD corrections

• Encoding Errors by other Financial Institutions

• Miscellaneous:

• Process Deposit and Loan verifications

• Process Levies and Garnishments

• Submit Federal and State Withholdings

• Assist with Year End Tax Forms

• Process periodic IOLTA Remittance

• Dormant Account Processing:

• Daily dormant account review and letter generation.

• Activate dormant accounts with proper authorization.

• Currency Orders:

• Order foreign currency for Retail clients

• Fulfill Cash Orders for Retail offices via FED

• Order Cash Replenishments for network of ATMs

• LockBox Operations:

• Process Client Remittance and Deposits Timely

• Complete other duties as assigned

ESSENTIAL SKILLS, EDUCATION AND EXPERIENCE

• High School diploma or
• 2-4 years of banking or similar
• Strong computer skills: proficient in Excel and knowledgeable in
• Good interpersonal skills which represent the Bank in a positive manner in dealing with clients and other team
• Ability to effectively communicate with the professionalism that is identified with Southern First
• Ability to adjust to change and willingness to be a team
• Maintain regular consistent and professional attendance, punctuality and personal

WORK CONDITIONS

• This position must be able to sit for long periods of time as the position involves the majority of time spent at a
• This position requires little to no

This description is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate. This document does not represent an expressed or implied contract of employment nor does it alter your at-will employment, and the Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate.