Note: The job is a remote job and is open to candidates in USA. MVB Bank is an innovative financial holding company providing services to individuals and corporate clients. The Deposit Operations Analyst II will perform multiple functions in Bank Operations related to wire transfers and payments, ensuring compliance with banking regulations and achieving operational efficiency.
Responsibilities
- Implement knowledge of related state and federal banking compliance regulations, and Bank operation polices to process wires
- Provides support to peer teammates, ensuring uninterrupted completion of daily operational tasks
- Provides support to Accounting & Treasury Operations and all areas of MVB as requested
- Performs the duties assigned independently and efficiently to support the overall goals of bank
- Ensures client satisfaction through superior knowledge, courtesy, professional appearance, responsiveness, accuracy, and communication for customer-based transactions
- Performs the duties assigned independently and efficiently to support the overall goals of bank
- Daily responsibilities to include but not limited to:
- Wire Processing
- Processing and researching wire investigations received via email, service events Fed Service Messages
- Processing Drawdowns
- Review Wire Transfer Master Wire & Disclosure and Drawdown Agreements
- Validate wire instructions and perform call backs when required
- Review and clear false positive OFAC hits
- Support EOD functions
- Proactively identifies and modifies procedures, to increase level of service and promotes operational efficiency in operations functions
- Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy ACT (BSA), Office of Foreign Assets Control (OFAC) responsibilities that are specific to the position
Skills
- Minimum 2 years of related experience in the financial services industry
- Intermediate experience knowledge and training in branch operation activities, terminology and products and services related to retail and commercial account customers
- Proactively identifies and modifies procedures, to increase level of service and promotes operational efficiency in operations functions
- Knowledge of the various Fed types, sub types and field tags
- Knowledge of the SWIFT field tags
- Manage daily report distribution
- Detail oriented; quickly spot out irregularities
- Able to work in a fast-paced environment with minimal supervision
- Flexible nontraditional banking hours required
- Strong time management skills and ability to prioritize tasks
- Ability to understand and analyze large amounts of data
- Proficiency in MS Office Suite and Outlook
- Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and teammates
- Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations
- Ability to learn, comprehend and define new systems and processes
- General knowledge of related state and federal banking compliance regulations, and Bank operation polices
- Associate or bachelor's degree preferred
- Knowledge of Jack Henry products preferred
Benefits
- Medical, Dental and Vision Insurance
- Health Savings Account (HSA), Health Reimbursement Account (HRA) & Flexible Spending Accounts (FSA)
- Short- and Long-Term Disability Plan
- Group Life Insurance
- 401K Salary Deferral Plan
- Wellness Program
- Education & Tuition Expense Reimbursement
- PTO and Unique Vacation Purchase Program
- Nationwide Pet Insurance Coverage
Company Overview