Job description
Overview:
Deposit Services utilizes four applications to support the deposit servicing process, two primary and two secondary. Transaction Subsystem and IRA Subsystem are the primary applications. Safe Deposit Box and Over the Counter are secondary applications. Will support one of the primary applications with a high level of proficiency. This includes but is not limited to: process all unposted and overdrawn account transactions; review large dollar items for authenticity; work the stop payment and dormant activity reports; perform all Transaction account level maintenance; maintain and support all IRA accounts on the Time Deposit system. Provide IRA support and issue resolution as appropriate. Analyze and apply IRS rules and regulations pertaining to Individual Retirement accounts. Ensure compliance and accuracy for reporting tax information. Responsibilities:
Qualifications:
Knowledge, Skills and Abilities:
EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
This position is located at Administrative Services Center in East Petersburg, PA (near Lancaster) and the hours are 8:30-5:00 Monday - Friday. Additional hours may be required and could include weekends.
Deposit Services utilizes four applications to support the deposit servicing process, two primary and two secondary. Transaction Subsystem and IRA Subsystem are the primary applications. Safe Deposit Box and Over the Counter are secondary applications. Will support one of the primary applications with a high level of proficiency. This includes but is not limited to: process all unposted and overdrawn account transactions; review large dollar items for authenticity; work the stop payment and dormant activity reports; perform all Transaction account level maintenance; maintain and support all IRA accounts on the Time Deposit system. Provide IRA support and issue resolution as appropriate. Analyze and apply IRS rules and regulations pertaining to Individual Retirement accounts. Ensure compliance and accuracy for reporting tax information.
- Perform maintenance on accounts for correction, closures or promotional incentives in a timely and accurate manner to ensure there is no negative impact to the customer. Utilize the Online Decision Support function to process all unposted and overdrawn transactions. Closely review the stop payment suspect report and determine which suspects are valid stop payments. Assist branches and Direct Banking Center regarding stop payments. Complete request workflows ensuring departmental Service Level Agreement is met or exceeded. Assist with fraud prevention by reviewing all checks over 50,000 dollars for authenticity, proactively contacting branch personnel and customers for additional validation when needed. Perform Time and IRA maintenance accurately and timely to ensure no negative customer impact. Coordinate the distribution of daily Time and IRA interest and disbursement checks.
- Maintain current rates on Transaction, Time and IRAs by updating rate index in Common File as indicated by affiliate bank rate sheets. Adhere to all Sarbanes Oxley Act requirements. Provide knowledgeable Time and IRA support to the corporation. Initiate contact with outside IRA consultant when necessary. Keep up to date with IRS regulatory changes. Verify all dormant account transactions following Sarbanes Oxley Act requirements and process all items according to findings.
- Support merger and acquisitions as a team member by providing application expertise as required by management.
Qualifications:
Required Education
High School Diploma or equivalent.
Knowledge, Skills and Abilities:
EEO Statement: Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.
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