Deposit Operations Specialist

Starting pay: $17$18/hour

At Midland States Bank base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education skills internal equity and experience. This position offers additional compensation in the form of shortterm incentives (i.e. bonus and/or commission) and may include longterm incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare wellbeing benefits paid family leave as well as generous paid time off. Total Rewards also include banking perks an Employee Stock Purchase Plan 401K plan with company match and may include the opportunity to participate in our NonQualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Position Summary

This entry level position falls within Deposit Operations the operational unit primarily responsible for:

Scanning and indexing new account documents

Account & debit card maintenance

Safe deposit management

Exception item processing including the handling of unposted items NSF items stops and overdrafts

Check adjustments & chargebacks

Fraud monitoring Debit card

Debit cards disputes and compromised cards

Mobile deposits

Sweep Repurchase accounts

Primary Accountabilities

• Verifies maintenance transactions as defined by procedure. Reviews checking savings money market NOW safe deposit debit card and CD/Time Deposit standard reports and processes. Inputs corrections for minor issues/discrepancies as discovered.
• Escalates questionable transactions and recurring issues to management in a clear and timely manner.
• Validates stop payments added to the system to ensure they are complete; Corrects input as needed.
• Able to handle the daily processing and balancing of exception items which includes both paid and returned NSF items unposted items and check adjustments. Meets all timelines.
• Able to handle the daily processing of debit card fraud claims. Has a good understanding of Reg E and meets all timeframes as outlined within this regulation.
• Review daily fraud alerts for potential fraud patterns and trends.
• Processes mobile deposit corrections and meets timelines for file submission.
• Processes general ledger and account level monetary transactions as required.
• Researches and resolves issues that surface on customer deposit accounts. Escalates unresolved issues to management in a timely manner.
• Quality assurance and mailing of CD/IRA interest and distribution checks.
• Complete returned mail processing.
• Processing of CSI Miami repurchase agreement accounts and enotice generation to customers for securities allocation.
• Scan foreign checks received from branches to TIB for collection processing.
• Observes all security privacy and compliance requirements.
• Able to support the sweep repurchase product on a daily basis and confirms customer notifications are precise and timely.
• The role requires occasional travel for training and team meetings and willingness to travel periodically to locations within market as needed.
• May require work in a Midland office to ensure collaboration and support of internal and external customers.
• Maintain compliance with all applicable regulations including but not limited to the Bank Secrecy Act (BSA).
• Other duties as assigned.

Position Qualifications

Education/Experience:

• Associates degree OR equivalent banking experience in related area.
• Demonstrated ability to learn and use new software and programs.
• Proficient in Microsoft Office Suite.

Competencies:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self development
• Being flexible and adaptable

At Midland States Bank we believe that when we can bring our whole selves to work each day we become happier more comfortable more confident and more excited to do great things for our customers each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland we recruit employ train compensate and promote without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status. If you are looking for a place to grow we encourage you to apply at Midland States Bank because you belong here.

If you require reasonable accommodation in completing this application interviewing completing any preemployment testing or otherwise participating in the employee selection process please direct your inquiries to Midland States Bank Human Resources at.

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT