Deposit Data Entry & CIF Specialist

Employer
Busey
Location
Champaign, Illinois
Salary
Open
Posted
May 01, 2024
Closes
Jun 22, 2024
Ref
DEPOS006780
Specialty
IT
Type
Full Time
WHAT YOU'LL DO

The Deposit Data Entry & CIF Specialist ensures tax reporting and interest payments for deposits are completed accurately and within bank guidelines. This position ensures Customer Information Files (CIF) and deposit accounts are coded appropriately on the core system and that deposit accounts adhere to compliance and audit guidelines.

Additional Duties:

  • Maintain Customer Information Files (CIF) and deposit accounts via documentation submitted by the front line utilizing basic data entry functions.

  • Process the following reports and tasks on a daily basis: Dormancy, Deceased, Product Changes, Pending Closed, and Interest Dropped

  • Assist the front line through the phone and email queues

  • Balance Safe Deposit Box Settlement and CD/IRA Settlement

  • Manage CD/IRA interest & distribution checks

  • Update DDA, CD, and special rates as directed by Finance

  • Handle year end reporting and complete tax corrections as applicable for interest bearing accounts including Health Savings Accounts and IRAs.


WHAT YOU'LL BRING
Knowledge of:

  • Strong oral and written communication skills

  • Strong organizational skills

  • Bank policies, procedures, and Federal Regulations (preferred)

  • Jack Henry Xperience system (preferred, not required)


Ability to:

  • Attention to detail to prevent loss to the bank

  • Maintain confidentiality of customer and bank information

  • Work independently

  • Maintain visual attention and mental concentration for extended periods of time

  • Perform duties and make decisions under frequent time pressures


EDUCATION AND TRAINING

  • Requires High School diploma

  • Preferred one or more years of related bank or accounting experience

  • Requires knowledge of Microsoft Office


Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence.

Busey is an Equal Opportunity Employer including Disability/Vets. VisitBusey.com/Careersto learn more about Busey’s Equal Opportunity Employment.

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