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Union Bank and Trust Company · 21 hours ago

Bank Operations Specialist III

Minneapolis, MN

Full-time

Onsite

Mid Level

Union Bank and Trust Company is seeking a Bank Operations Specialist III to perform daily bank operations tasks and provide high-standard client service. The role involves collaboration with senior management on fund movements, training operational staff, and processing various banking transactions.

BankingFinancial ServicesLending

Culture & Values

Responsibilities

Perform daily bank operations tasks according to the Daily Operations Checklist as defined below under responsibilities

Provide both internal and external client service at the highest standards

Work in collaboration with the VP of Operations and CFO/COO on the movement of funds as needed to cover liquidity needs of Fedline and UBB correspondent accounts

Train and provide support to other operational staff

Crosstrain in other related departments as needed

Process wires, ACH transactions, returned checks, internal transfers, reconciliations, sweep accounts, dormant account exceptions, negotiable instrument reconciliations, etc

Fed Funds/Cash settlement, including cash letter adjustments

Create core processor tickets for resolution of operational processing incidents

Maintain and process transactions at correspondent bank, including reconciliation and research of discrepancies

Monthly FHLB statement reconciliation

Process bond portfolio entries

Process exception items, including chargebacks, overdrafts, non-posts, returns, stop payments, etc

Monitor and remittance of IOLTA accounts

Review, understand, and distribute daily reports and notices

Perform OFAC checks when required

Qualification

Bank operations knowledgeFiServ Premier experienceRegulationsResearchAccredited ACH SpecialistProblem solvingHelpful attitudeLearning aptitudeAttention to detailCollaboration skills

Required

Minimum of a high school degree

Knowledge of general banking principles, bank operations, compliance, general ledger accounts, and online banking

Ability to research, problem solve, resolve, and reconcile out-of-balance accounts

Aptitude for learning and the ability to maintain continued education requirements

Ability to work in collaboration with all operational staff as well as other departments

Strict adherence to compliance and all internal procedures for transactions

Helpful, courteous attitude

High attention to detail required

Preferred

Associate or bachelor's degree preferred, but not required

FiServ Premier core processing experience preferred

Teller experience desired, specifically Integrated Teller

Knowledge of UMACHA and NACHA rules and regulations

Knowledge of required regulations involving bank operations, including Reg E, Reg CC, BSA/AML, Reg D, etc

Accredited ACH Specialist designation preferred, but not required. The ability and willingness to become certified in the future is desired

Company

Union Bank and Trust Company

Founded in 1976 by 24 construction and trade unions, Union Bank & Trust (UBT) remains one of the few financial institutions in America that is proudly union-owned and union-controlled.

Founded in 1976