Candidate Profile #345211

Illinois – Chicago Area – Deposit Operations Manager

• Years of Related Experience: 14
• Minimum Salary: $110K
• Work Area:  Chicago, Illinois Area
• Experience:
  • Develops and executes strategic plans for deposit operations, such as contactless cards, digital issuance, and real-time payments (RTP), that would drive interchange and deposits for the company.
  • Responsible for ACH processing, wire transfer, card services, remote deposit capture, IRA and trust accounts, check clearing, general ledger reconciliation, and other associated functions.
  • Oversees, assesses, and mentors the members of the department teams (up to 15 employees).
  • Manages the deposit operations budget.
  • Performs chargebacks.
  • Implements risk management, adhering to internal controls and compliance with financial regulations such as the Electronic Fund Transfer Act, Regulation E, KYC, and PCI DSS Compliance.
  • Incorporates automation solutions and digital tools to boost operational efficiency and enhance services.
  • Manages relationships and negotiates contracts with external partners, payment processors, and vendors.
  • Created a comprehensive cross-training program to ensure sufficient coverage and support for internal and external customers.
  • Oversaw the department’s Business Continuity Plan and Policy, implementing monthly testing of disaster recovery to prepare for events or weather disasters.
  • Some experience with treasury management.
  • No non-compete agreement.
  • Proficient with Jack Henry, FIS, Yellow Hammar, NCR, and Microsoft Office Suite.
• Education: Master’s Degree in Accounting
• Reference #:  345211
• Send Candidate’s Resume:  Click Here