UW Credit Union→
Deposit Operations Specialist I
Entry LevelHybridFull-time
Location
Madison, WI
Salary
Not listed
Experience
0–1 years
Posted
5 days ago
Skills
deposit transaction processingaccount maintenanceaccount servicingregulations ccregulations emicrosoft officefinancial institution operationsaudit processesrisk assessmentcustomer servicedecision making
Job Description
Summary: UW Credit Union is a premier financial institution focused on delivering exceptional member experiences and operational excellence. The Deposit Operations Specialist plays a critical role in processing transactions and providing operational support for various deposit accounts while ensuring high levels of member satisfaction.
Responsibilities:
- Process account requests, including maintenance, servicing, reporting, and other transactional activities including but not limited to: Administration of negative account processes such as force closures and charge-offs
- Processing account closures
- Member information updates and monetary adjustments
- Processing and reporting on liens, levies and garnishments
- Monitoring certificate maturity queues and processing interest corrections
- Business account review and error correction
- Trust and fiduciary account servicing
- IRA and CESA account servicing and tax reporting support
- Perform daily audits as assigned and promptly escalate discrepancies for resolution
- Take ownership for resolving and/or supporting the resolution of deposit account-related member Inquiries while executing sound judgment in risk assessment
- Exceed member expectations by delivering exceptional service both directly to members and by supporting other member-facing staff in their service delivery. Service will typically be delivered via Automatic Call Distribution (ACD)
- Understand the full range of features and advantages of deposit-related products and services to support excellence in service delivery
- Maintain knowledge of key regulations such as Regulations CC and E to ensure compliance with regulatory policies and procedures
- Provide subject matter expertise in support of projects and/or system updates as needed
- Assume ownership of personal development through dialogs, participation in group initiatives and projects, and engagement with training
- Explore development options including mentor/mentee relationships, and the use of tools such as the Leader of Self gap analysis and Individual Development Plan (IDP)
- Be a champion of change: embrace innovation and closely collaborate with others to achieve departmental and organizational goals
- Develop and maintain knowledge of internal resources, procedures, systems, and tools
- Strengthen the Credit Union's inclusive environment by engaging with ongoing DEI initiatives
- Invite and accept feedback and provide upward feedback
- Serve as a mentor and positive role model for others within the team
Required Qualifications:
- High school diploma is required
- 7 months – 1 year of Customer Service experience is required
- Proficient with Microsoft Office products
- Demonstrated investigative, analytical, organizational, decision making, and problem solving skills
- Effectively prioritize workload and tasks, complete assignments in a timely manner, and meet deadlines
- Strong verbal and written communication skills
- Effective interpersonal and customer service skills
- Proven ability to thrive both independently and as a collaborative team member
Preferred Qualifications:
- Associate's degree in Business or a related field is preferred
- 7 months – 1 year of Financial Institution experience is preferred
Required Skills: Deposit transaction processing, Account maintenance, Account servicing, Regulations CC, Regulations E, Microsoft Office, Financial institution operations, Audit processes, Risk assessment, Customer service, Decision making
Benefits: 21.5 days of annual time off (accrued per pay period), 2 weeks paid caregiver leave, 2.5 weeks paid new child parental leave, 2 days paid volunteer time, Hybrid work environment: minimum 3 days a week on-site, 10 paid holidays (including your birthday!), 401k company match of up to 5%, plus approximately 4% discretionary match, 457 deferred-compensation plan, Variable bonus reward, Competitive Medical, Dental, and Vision plans, including domestic partner eligibility, Employee Assistance Program, And more!
Benefits
21.5 days of annual time off (accrued per pay period)
2 weeks paid caregiver leave
2.5 weeks paid new child parental leave
2 days paid volunteer time
Hybrid work environment: minimum 3 days a week on-site
10 paid holidays (including your birthday!)
401k company match of up to 5%, plus approximately 4% discretionary match
457 deferred-compensation plan
Variable bonus reward
Competitive Medical, Dental, and Vision plans, including domestic partner eligibility
Employee Assistance Program
And more!