Deposit Operations Assistant III

We are a values driven organization putting Relationships FIRST. EagleBank (NASDAQ – EGBN) is focused on being Flexible, Involved, Responsive, Strong, and Trusted. By prioritizing meaningful connections with our customers, employees, and shareholders, we relentlessly deliver the most compelling, valuable service to our customers.

EagleBank is committed to inclusion, equity, and respect. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience. We believe employees are essential to the building of relationships and we prioritize investing in employee growth and wellbeing. Employee involvement is fostered through resource groups, mentorship programs, community service, and scholarship opportunities for continued education. With features including maternity and parental leaves, wellness discounts, healthcare premium sharing, employer funding in your HSA account, and 100% 401(k) matching up to 4%, we pride ourselves in the ways we support our internal relationships. The minimum and maximum projected hourly pay for this position is: $26.03 to $39.04.

Under limited supervision, the Deposit Operations Assistant III provides accurate and efficient servicing of all deposit-related functions to ensure that questions and requests for assistance are handled timely.  Maintains an in-depth knowledge of bank products, services, and system maintenance functionality.  Provides administrative support for the Digital Account Online CD application. Performs account analysis set-up, implementation of brokered investment accounts, interest adjustments, account and household maintenance, and GL reconciliations. Serves as IRA Specialist in support of branch personnel. Complies with policies, procedures, and regulatory requirements and completes required training as warranted for the position.  

MAJOR DUTIES AND RESPONSIBILITIES:

• Provide back-up support for the Digital Account Online CD application.
• Assists branch staff with account maintenance, household maintenance, account analysis set-up, interest adjustments, deposit account inquiries, and questions relating to the use of core processing system.
• Processes new accounts and maintains the accounts within brokered investment companies (CDARS, IND, ICS, UMB and FOLIOfn program).
• Process transactions for government reporting, including 1099s, form 5498, W-8BEN, W-8BEN_E requests.
• Oversee  Trustee accounts, Escrow Manager account, Goldman Sachs trading/settlement.
• Responsible for daily and monthly GL reconciliations.
• Reviews IRA transactions and setups.
• Guide and assist other team members, providing back-up support during absence of department manager.
• Responsible for opening and closure of brokerage CD accounts.
• Responsible for IOLTA and MAHT reporting. - Assist with year end balancing procedures.  

Requirements:

• H.S. Diploma or General Education Degree (GED) or equivalent
• 5 years related work in deposit operations

Preferences:

• Associate’s Degree (AA) in Accounting, Business, Finance or other related field
• Obtain IRA certification (CISP) within 1 year of hire
• Thorough knowledge of core and support bank processing systems
• Detailed understanding of debits and credits
• Thorough working knowledge of MS Office; strong Excel skills
• Advanced knowledge of the check image retrieval system
• Thorough understanding of investment broker accounts
• Thorough Knowledge of Multi-tier Sweep Structure, Account Analysis and RVM implementation
• Strong attention to detail skills
• Excellent organization skills

Don't meet all the requirements? We encourage you to still apply if you think you are the right person to join our community. We are always interested connecting with people inspired by our mission and values. If you aren't hired for this position, your resume will remain available for the next year and might be considered for future openings. Note: You can update your resume as often as needed.