Banking Operations Associate 02D25

A Banking Operations Associate plays a pivotal role in ensuring the smooth and efficient processing of banking transactions and operations. As an integral part of the banking team, you will be responsible for a variety of tasks including account management, transaction processing, and customer support. This position requires a keen attention to detail, strong analytical skills, and the ability to handle multiple tasks simultaneously. You will serve as a liaison between different departments, providing essential support to ensure compliance with financial regulations and organizational policies. This role offers a unique opportunity to work in a dynamic environment and requires a proactive individual who can streamline operations and contribute to the overall success of the bank.

Responsibilities

• Process daily transactions including deposits, withdrawals, and fund transfers accurately and efficiently.
• Assist in the reconciliation of banking operations and address any discrepancies promptly.
• Collaborate with other banking departments to facilitate smooth operational processes.
• Ensure compliance with all federal and state banking regulations and internal policies.
• Maintain accurate and up-to-date records of all transactions and account information.
• Provide excellent customer service by addressing inquiries and resolving issues swiftly.
• Support the development and implementation of operational policies and procedures.
• Monitor transaction risks and report any suspicious activities to the appropriate authorities.
• Participate in continuous improvement initiatives to enhance banking operations.
• Prepare and analyze operational reports to identify trends and optimize processes.
• Train and mentor junior staff or new hires on banking operations tasks.
• Coordinate with IT for any system-related operational issues or updates needed.

Requirements

• Bachelor’s degree in finance, business administration, or a related field required.
• Minimum of two years experience in banking operations or financial services.
• Strong understanding of banking regulations and compliance requirements is essential.
• Excellent communication skills to interact effectively with clients and colleagues.
• Keen attention to detail with strong analytical and problem-solving skills.
• Proficiency in using banking software and Microsoft Office Suite, especially Excel.
• Ability to multitask and manage time effectively in a fast-paced environment.