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Deposit Operations Analyst II

Role overview

Qualifications

  • Associate or bachelor’s degree preferred
  • Minimum 2 years of related experience in the financial services industry
  • Proficiency in MS Office Suite and Outlook
  • Knowledge of various Fed Return types, sub types and field tags

Responsibilities

  • Implement knowledge of related state and federal banking compliance regulations to process wires
  • Ensure client satisfaction through superior knowledge, courtesy, and communication for customer-based transactions
  • Perform daily activity reviews and exception reporting
  • Proactively identify and modify procedures to increase level of service and promote operational efficiency

Key facts

  • Remote from: United States
  • Full time
  • Mid-level (2-5 years)
  • Operations Analyst
  • English

Hard skills

Other skills

  • Analytical Skills
  • Microsoft Office
  • Customer Service
  • Detail Oriented
  • Time Management
  • Communication
  • Problem Solving
  • Teamwork
  • Adaptability

About the company

MVB logo

MVB

Information Services & Data Providers

Every day, we enthusiastically work to make books visible in the best possible way. We are more than 130 motivated book people at four locations on three continents. Together with our partners from publishing houses and bookstores in Germany and abroad, we develop digital platforms and media formats that give guidance in the book market and improve the flow of information about books. Together with Börsenverein (German Publishers & Booksellers Association), Frankfurter Buchmesse and Mediacampus Frankfurt, we form the Börsenverein Group. This makes us the first point of contact for central tasks within the book and media industry – from representing interests to cultural projects, trade fair organization and marketing offers to training and continuing education. We look forward to an exchange with #respect. The rules #NoHateSpeech apply.

Company details

IndustryInformation Services & Data Providers
Company size51 - 200

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Job description

ABOUT US

Here at MVB, our company culture defines the environment in which Team Members thrive. Our culture impacts a wide range of elements, including our purpose, values, expectations and goals that support growth and engagement – it is the secret sauce of our organization!

Our values live at the core of all that we do – Trust, Commitment, Teamwork, Adaptive, Respect, Love and Caring are our foundation for success.

MVB Financial Corp. (“MVB Financial” or “MVB”), the innovative financial holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Through its subsidiary, MVB Bank, Inc., (“MVB Bank”) and the bank’s subsidiaries, MVB provides services to individuals and corporate clients in the Mid-Atlantic region, as well as to Fintech, Payment and Gaming clients throughout the United States. For more information about MVB, please visit www.mvbbanking.com.

This role can be based remotely.

Candidates must reside in one of the following states: West Virginia, Virginia, Texas, Florida, Ohio, Pennsylvania, Maryland, Washington D.C., New York, New Jersey, Arizona, North Carolina, Georgia, or South Dakota. 

ABOUT THE ROLE

Within guidelines and general supervision, multiple functions perform in support of branches and activities of the centralized bank operations department, the electronic banking department, the debit card services department, FinTech division, and internal general banking operations. Such functions related to back-office operations are not limited to exception review, daily monitoring and reporting.  The specific duties assigned to this individual within the area of bank operations may change from time to time, based upon the specific requirements of the bank. 

The Deposit Operations Analyst II (Deposit Operations) 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.  Demonstrate a high level of commitment to service quality and teamwork.

WHAT YOU’LL DO

  • Implement knowledge of related state and federal banking compliance regulations, and Bank operation polices to process wires.
  • Provides support to peer teammates, ensuring uninterrupted completion of daily operational tasks.
  • Provides support to all areas of MVB as requested
  • Performs the duties assigned independently and efficiently to support the overall goals of bank.
  • Ensures client satisfaction through superior knowledge, courtesy, professional appearance, responsiveness, accuracy, and communication for customer-based transactions.
  • Performs the duties assigned independently and efficiently to support the overall goals of bank.
  • Daily responsibilities to include but not limited to:
    • Daily activity reviews and exception reporting
    • Non-post & NSF Processing
    • Fed Corrections
    • Charge Back Processing
    • Debit Card Fraud Review
    • Reg E and Check Fraud Processing
    • Support for Core Banking, Digital, Legal and other Operations Units
  • Proactively identifies and modifies procedures, to increase level of service and promote operational efficiency in operations functions.
  • Assures compliance with all Bank policies, procedures and processes, and all applicable state and federal banking laws, rules and regulations; adheres to Bank Secrecy ACT (BSA), Office of Foreign Assets Control (OFAC) responsibilities that are specific to the position.

EDUCATION & WORK EXPERIENCE

  • 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.
  • Proactively identifies and modifies procedures, to increase level of service and promote operational efficiency in operations functions.
  • Knowledge of the various Fed Return types, sub types and field tags
  • Manage daily report distribution.
  • Knowledge of Jack Henry products preferred.
  • Detail oriented; quickly spot out irregularities.
  • Able to work in a fast-paced environment with minimal supervision.
  • Flexible non-traditional 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
  • Intermediate experience knowledge and training in branch operation activities, terminology and products and services related to retail and commercial account customers.
  • Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to customers and teammates.
  • 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 polices.
  • Knowledge of NACHA Rules and Regulations and be open to AAP Certification if required.

BENEFITS AT MVB

MVB Financial Corp., (“MVB”) offers an excellent selection of benefits for regular, part-time and full-time Team Members, including:

  • 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

#LI-Remote

We encourage you to submit an application even if you haven’t performed every job duty listed above, as your skills may be transferrable. MVB is looking for ambitious individuals with related knowledge, understanding and abilities who are willing to learn and grow. What we care about most is allowing you to develop and, in return, you help us become a stronger, more diverse and well-rounded organization.  

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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