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MVB Bank · 9 hours ago

Deposit Operations Analyst II

United States

Full-time

Remote

Entry, Mid Level

2+ years exp

MVB Bank is an innovative financial holding company that provides services to individuals and corporate clients across the United States. The Deposit Operations Analyst II role involves performing multiple functions in the Bank Operations Wires and Instant Payments, ensuring compliance with banking regulations while supporting operational efficiency and client satisfaction.

BankingCommercial LendingEmployee BenefitsFinancial ServicesFinTechWealth Management

Responsibilities

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 Accounting & Treasury Operations and 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:

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 identifies and modifies procedures, to increase level of service and promotes 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

Qualification

Banking compliance regulationsWire processingOperational efficiencySWIFT field tagsJack Henry productsData analysisMS Office SuiteTime managementCommunication skillsDetail oriented

Required

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 promotes operational efficiency in operations functions

Knowledge of the various Fed types, sub types and field tags

Knowledge of the SWIFT field tags

Manage daily report distribution

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 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