[Hiring] Deposit Operations Analyst II @MVB Bank

Role Description

Within guidelines and general supervision, performs multiple functions in the Bank Operations Wires and Instant Payments. Such functions related to back-office operations are but not limited to:

• Domestic and international wire transfers
• Wire EOD Proof with the Federal Reserve and internal accounting
• Exception review clearing OFAC/Fraud potential hits
• Wire investigations research and review
• Support the RTP and FedNow payments rails

The position Deposit Ops Analyst II (Wires Department) performs daily operational tasks that are considered modern and complex in nature. Demonstrate analytical capabilities while performing tasks, including:

• Assessing and proactively mitigating risk and potential losses to the Bank
• Demonstrating a high level of commitment to service quality and teamwork

Qualifications

• Associate or bachelor’s degree preferred
• 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
• Knowledge of the various Fed types, sub types and field tags
• Knowledge of the SWIFT field tags
• Knowledge of Jack Henry products preferred
• 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
• 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 policies

Requirements

• Implement knowledge of related state and federal banking compliance regulations, and Bank operation policies to process wires
• Provide support to peer teammates, ensuring uninterrupted completion of daily operational tasks
• Provide support to Accounting & Treasury Operations and all areas of MVB as requested
• Perform the duties assigned independently and efficiently to support the overall goals of the bank
• Ensure client satisfaction through superior knowledge, courtesy, professional appearance, responsiveness, accuracy, and communication for customer-based transactions
• 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 identify and modify procedures to increase level of service and promote operational efficiency in operations functions
• Assure compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations; adhere to Bank Secrecy ACT (BSA), Office of Foreign Assets Control (OFAC) responsibilities that are specific to the position

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