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Deposit Services Representative - Customer Identification Program

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Posted : Monday, September 11, 2023 11:41 AM

Overview: At MidWestOne, our people are number one in everything we do.
We are a community bank with a culture based on integrity and customer care.
The people on our team are the foundation of our success.
If you're ready to work for an organization that values you, develops your talents and helps you grow personally and professionally, then look no further.
This position is responsible for a variety of office/clerical tasks involving expertise regarding the operational and in some instances the internal customer support for the Bank’s CIP check back process.
This area also needs to understand how accounts and portfolios are set up, how maintenance affects those set-ups, have a clear understanding of account ownership, and understand our bank CIP requirements as they relate to account set-up.
Responsibilities: Review all Deposit and Safe Deposit Box new account reports to ensure that CIP packets are being submitted in a timely manner for each account that is opened Review all Deposit and Safe Deposit Box CIP packets to make sure that the bank’s CIP guidelines are being followed and proper documents are obtained and accounts are set up with the correct codes on our Core system.
Review the W-8’s and W-9’s on new accounts to make sure proper documentation is in place Develop a working knowledge of Account Analysis in order to assist employees with questions Reconcile the Fed ACH Clearing GL on a daily basis Review rate exceptions Provide back-up to the Bill Payment product Assist with maintenance on many clean-up projects Monitor and prepare monthly Reg D reports for the Compliance Committee Monitor monthly NOW account reports to make sure only eligible accounts have NOW accounts Review and update procedures associated with this job description at least annually Perform back-up duties as assigned Assist other Deposit Operations staff as necessary including completing deposit verifications, research requests, miscellaneous internal and external customer requests and other miscellaneous departmental duties Assure compliance with all Bank policies and procedures as well as applicable state and federal banking regulations Other duties may be assigned The Perks! Competitive base compensation with additional performance-based incentives (incentives vary depending on role) Career development and continuous learning opportunities Paid Time Off, Paid Holidays, Parental/Grandparent Leave, and more 100% vested 401(k) Retirement Plan with company match Medical, Dental, and Vision insurance Flex spending plan & Health savings accounts with employer contribution Student Loan Debt Reduction Program & Tuition Assistance Plan Employee Stock Ownership Plan Employer provided group life insurance with option to purchase additional life insurance for you and your family members Employer provided long term and short term disability insurance Additional Insurance options to meet your personal needs: Critical Illness and Accident insurance Wellness Program Free banking services and other financial services discounts Take Your Dog to Work Day in June Employee Rally Day- a day of celebration and recognition! Qualifications: High school diploma or general education degree with some post high school education or related work experience preferred; or equivalent combination of education and experience.
We RISE by lifting others.
RISE stands for Retention, Innovation, Support, and Empowerment.
Through RISE we aspire to create and sustain a culture of diversity, equity, inclusion and belonging at work and in our communities.
Our commitment to RISE is reflected in our operating principles, people and culture.
We pledge to continuously learn, so we can understand and support the differences of individuals, embrace each other's strengths, and provide opportunities for all of us to work toward and achieve our full potential.
Now that you know more about us and the position, next step is for you apply so we can learn about you!

• Phone : NA

• Location : 500 S Clinton St, Iowa City, IA

• Post ID: 9005965845


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