Specialist, Bank Operations
Vacancy expired!
Your OpportunityThe Specialist, Bank Operations applies knowledge skills and experience to perform daily deposit account operations and bank lending solutions tasks. The role is responsible for handling day to day deposit account advancements, Pledged Asset Line (PAL) and Overdraft Credit Line (OCL) transaction processing, monetary adjustments, account open and account maintenance support, statement production, escheatment, lending servicing, lending operations, Mortgage and Home Equity Line of Credit (HELOC) product advancements, and tax reporting.Charles Schwab Bank follows the three lines of defense model of risk governance. The Specialist, Bank Operations is a first line of defense position for Charles Schwab Bank and assures compliance with all Bank policies and procedures, as well as all applicable state and federal Bank regulations in the context of their responsibilities.What you’re good at
Handle a wide range of deposit account operational issues and advancements from client facing bank and brokerage professionals, internal business partners and external vendors. Activities include but are not limited to:
Account Open Application Reviews
Automated Clearing House (ACH), In-clearing Check and Deposit Adjustments
Automated Teller Machine (ATM) settlement and terminal failures
Community Reinvestment Act (CRA) Loan Payments
Raise System Outages and Production Issues
Escheatment Due Diligence Response
Government Agencies’ Death Notifications and Reclamations
Supervising for Non-Domestic Account Addresses or Excessive International Transaction Activity
Multi-Bank Sweep Entries and Review
Out of Sync Data Element Review and Remediation
Report Monitoring and Remediation of current Exception Processes
Tax Processing Account Reviews
Provide functional support for lending operations and servicing processes. Activities include but are not limited to:
Complete all aspects of loan processing with the exception of underwriting
Deliver detailed responses to questions, offering alternatives and ensuring an excellent client experience
Handle inbound and outbound servicing phone calls with clients and Registered Investment Advisors (RIAs)
Host phone calls with clients that are applying for Pledged Asset Loans
Work closely with all Bank Services and Deposit Team Managers to ensure applications, service requests and all operational activities are processed efficiently and accurately.
Support all other Bank Deposit Operations and Lending processes and projects as necessary to drive efficiency and build partnership
What you have
1-3 years of client service and/or operations experience
Ability to learn and navigate new systems
Willingness to work in a cross-functional team environment
Ability to complete multiple tasks within defined timeframes
Knowledge of banking regulations and policies
Apply for this jobRefer a friendWhy Schwab?At Schwab, “Own Your Tomorrow” embodies everything we do! We are committed to helping our employees unleash their potential and achieve their dreams. Our employees get to play a central role in disrupting a multi-trillion-dollar industry, creating a better, more modern way to build and manage wealth. We’re a modern financial services firm that stands apart from the industry, where you can go as far as your ambition takes you.Hear from employees:: a package designed to empower your health, wealth, career and life.Schwab is committed to building a diverse and inclusive workplace where everyone feels valued.As an equal employment opportunity employer, our policy is to provide equal employment opportunities to all employees and applicants without regard to any status that is protected by law.Schwab is also an affirmative action employer, focused on advancing women, minorities, veterans, and individuals with disabilities in the workplace.We believe diversity and inclusion are part of our success as a company and our purpose of serving every client with passion and integrity.Job Locations US-TX-WestlakeRequisition ID 2020-63375Posted Date 11 hours ago (5/26/2020 10:28 AM)Category Banking
Vacancy expired!