Deposit Operations Specialist

Responsibilities:

• Daily processing of account closures requiring interest reversals due to fraud or errors, ensuring compliance with fraud prevention measures and regulatory requirements.
•  Tax reporting and Sox audit responsibilities that are subject to strict regulatory oversight.
•  Handling savings bonds and processing TIN corrections, which involve direct interaction with sensitive customer data.
• Running critical reports, such as the Hold report, and ensuring timely delivery to internal stakeholders.
• Managing monthly queries related to zero balance accounts, rebates, and transaction monitoring, which require keen attention to detail and adherence to regulatory guidelines.

Qualifications

• Minimum three years of bank operations experience.
• Tax reporting experience preferred, but not required.
• Good knowledge of wire transfer functions, ACH processing and NACHA rules/regulations.
• Proficiency in the use of PC software tools for reports, audits, and analysis, including knowledge of automated wire transfer software, Fiserv products and Cash Management software.
• Strong attention to detail and excellent customer service skills.
• Ability to establish positive working relationships and collaboration across the organization.
• Proven skills to handle multiple tasks and priorities in a fast-paced environment to ensure that deadlines are met.
• Exceptional analytical and problem-solving skills.
• Strong written and verbal communication skills.
• Requires minimal supervision.
• Other duties as assigned.

Risk and Compliance Considerations:

•  Regulatory Compliance: Offshore outsourcing may increase the risk of non-compliance with federal banking regulations such as BSA, AML, and data privacy laws.
• Data Security: The processing of financial data offshore increases the exposure to cyber threats and unauthorized access, which could result in financial loss and reputational damage.

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.