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Eastern Bank

Corporate banking with cash management.

Operations Associate

Retail & Commercial BankingPosted on Nov 13
Full-timeMansfield, MA, USA$24.50In-person

About the Job

Requirements

  • Ability to work independently and multitask in a fast-paced environment.
  • Technical literacy.
  • Strong interpersonal skills and a desire to work in customer service.
  • Basic business acumen and professionalism.
  • Strong written and verbal communication skills.
  • Ability to build relationships and alliances across the organization and quickly learn the bank's products and services.
  • Ability to stand for up to five hours at a time without a break.
  • May be required to lift and move coin or currency bags weighing 25–30 pounds.

Responsibilities

  • Maintain primary responsibility for operational elements of a small to mid-sized banking office.
  • Manage the branch cash vault within prescribed limits, serve as vault custodian, and use the bank's cash forecasting system.
  • Serve as the branch ATM custodian, ensuring it is stocked, functional, and balanced daily.
  • Audit negotiable instruments, cash drawers, foreign currency when applicable, and related logs to ensure compliance with policies and procedures.
  • Balance and research cash errors, file necessary Bank Secrecy Act forms, and manage branch compliance and security operations.
  • Stay current on compliance and security requirements and implement processes to ensure regular adherence within the branch.
  • Review new account opening documentation, including complex corporate resolutions, business customer profiles, and high-risk business accounts, to ensure adherence to bank policies and procedures.
  • Open deposit accounts and take loan applications for various lending units.
  • Close consumer loans.
  • Refer customers to other bank business lines and third-party partners.
  • Handle routine account maintenance and customer servicing issues.
  • Process monetary transactions, including cashing checks, making deposits, selling monetary instruments, buying and selling foreign currency, and processing credit card cash advances.
  • Maintain safe deposit records, including contracts and access slips, and assist customers with access to safe deposit boxes when applicable.
  • Balance bank policies and procedures with appropriate judgment to make decisions beneficial to the bank and customer, and seek guidance when policies are unclear.

About the Company

Eastern Bank

Corporate banking with cash management.

Eastern Bank offers consumer, small business, and commercial banking in Greater Boston and New England, including Innovation Banking and cash-management services. It uses a relationship-based lending approach that weighs both numbers and qualitative factors, and its business clients get cash-management tools to speed collections, streamline disbursements, and optimize funds, all via online and mobile banking with support from a dedicated Business Services Team. The bank differentiates itself through a broad 109-branch regional network, a focus on relationship-based lending, specialized Innovation Banking, tailored cash-management solutions, and strong digital tools. Its goal is to help individuals and businesses manage their finances effectively and support growth by delivering a full range of banking services.

Company size
1,001-5,000
Company stage
IPO
Headquarters
Boston, MA
Founded
1818

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