Hope Credit Union
HOPE OverviewHOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; leverages resources; and engages in advocacy that strengthens the financial health and wealth of people in under-resourced Deep South communities. Since 1994, these efforts have benefitted more than three million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee, and influenced billions in persistent poverty communities across the nation. Learn more at hopecu.org.Title: Deposit Operations Specialist Department: Deposit Operations Reports To: Deposit Services VP Supervises: N/A Job Classification: Exempt, Full-time Job Summary The Deposit Operations Specialist is responsible for providing critical back-office support to ensure smooth and efficient deposit operations across the organization. They are responsible for processing back-office transactions and providing research support across all HOPE branch locations, ensuring accuracy and confidentiality in handling sensitive situations. Specialists will be assigned to focus on one of three areas: Account Management, Card Services, or Payments. This role involves ensuring compliance with organizational policies and regulatory requirements, resolving operational issues, and collaborating with cross-functional teams to provide excellent service to members and internal stakeholders.Essential FunctionsAll Deposit Operations Specialists will be responsible for the following: Provide excellent member service in all interactions with members and vendors Comply with all regulatory compliance requirementsParticipate in cross-training initiatives to gain knowledge of all specialization areas, providing support to other teams as needed to ensure operational continuity during high-demand periods or staff absencesEssential functions for specialized areas are as follows:Account Management: Essential FunctionsAccount Management: Process ticketing requests, ensuring a response within the 24-hour SLA Handle certificate maturity and renewal notices and other account-related updates Perform IRA account and document maintenanceProcess remote deposit capture items Conduct routine audits of ECM Payment reports Research fraud alerts and provide recommendations for resolution Compliance and Reporting: Manage charge-off process from initial report generation to completion ensuring collaboration with the Collections Department Conduct routine reconciliations of core processing system with external vendors Comply with all regulatory compliance requirements Member Support: Assist with member disputes Quality Control and Risk Management: Review new account files and online membership applications to ensure compliance and accuracy Review and verify transactions, such as share drafts to maintain high accuracy and compliance Ensure dual control approval processes are followed for key transactions to minimize errors and fraud Conduct daily review of check deposits and holds, report any findings to relevant stakeholders, like Branch Managers or Compliance Card Services: Essential FunctionsDebit/Credit Card Management:Address retail tickets related to travel alerts, card limits, PIN issues, and special handling, ensuring a response within the 24-hour SLA Process email requests for PIN resets, travel notices, and authorization inquiries using vendor website access Analyze and make recommendations regarding internal debit/credit card limits for online and offline transactions Monitor plastic card inventories via vendor websites to ensure sufficient supplies are on hand Ensure dual control approval processes are followed returned card logs Card Production and Special Requests:Process VISA Credit Card production requests, ensuring dual control segregation of duties for credit card loans Handle special/expedited card requests by pulling email requests, reviewing cardholder information, and submitting them to the card processing vendor with special handling instructions. Track the status of these cards to ensure accuracy Claims, Reporting, and Fraud Monitoring: Process and respond to member claims of fraudulent or unauthorized activity Conduct thorough research and investigation of disputes within the Regulation E timeframe Follow up to close each claim, composing correspondence, and contacting members via phone, email, or mail as applicable Prepare and submit claims to the designated insurance company for the recovery of fraudulent transactions Prepare and submit required quarterly and annual reports to card services vendors and partners Review daily core processing system-generated reports for card order exceptions and notify branch staff via email for corrections Monitor fraud-related emails, noting and blocking cardholder accounts as appropriate Manage VISA CAMS Alert emails, monitor for possible compromised card lists, and follow procedures to block and issue new card numbers with member notification Daily report review Vendor Communication and Coordination:Communicate with the card transaction processing vendor regarding fraudulent transactions, chargebacks, and requests for documents or photos Serve as the liaison between internal teams and external vendors, managing new machine and/or software installations Monitor vendor websites for ATM machine malfunctions or vandalism and coordinate service or repair with the machine vendor and branch staff Payments: Essential FunctionsTransaction Processing:Process ticketing requests, ensuring a response within the 24-hour SLA Process various types of transactions, including ACH files, share drafts, wires, mobile deposits, and loan payments Process both incoming and outgoing wire transfers and ACH transactions Manage consumer and business account transactions, including exceptions and fraud alerts Monitor FRB - FedWire for incoming wire messages and manage incoming and outgoing wire requests through CT tickets Prepare and submit the ACH Online Account Funding file Currency Orders:Manage currency orders to ensure adequate cash flow and availability for branches, maintaining an efficient operation SEG/HAN Payroll Posting: Ensure that payroll is processed accurately, timely, and in compliance with all regulatory requirements Quality and Risk Management:Review and verify transactions, such as ACH exceptions, to maintain high accuracy and compliance Provide timely dual control approval in FedLine for uploaded ACH files and outgoing wire approvals Accountability for Business Results:Ensure accuracy of work products Accurate member transactions Accurate and timely member account research Specified Authority Level:Access to member account information Authority to conduct transactions as requested by member on their accounts Access to vault with one member of management presentAccess to card services portals (Card Services)Authority to open and close member accounts (Account Management)Competencies/Skills:Accountability - Accepting responsibility that results in anticipation/prevention of problem areas from actions, and problem solving inside and outside the department/organization. Attention to Detail - Taking responsibility for a thorough and detailed method of working. Customer Focus - Knowing the (internal and externa!) customer business needs and acting accordingly; anticipating customer needs, and giving high priority to customer satisfaction and customer service. Oral Communication - Shaping and expressing ideas and information in an effective manner. Organizational Awareness - Having and using knowledge of systems, situations, procedures, and culture inside the organization to identify potential problems and opportunities; perceiving the impact and the implications of decisions on other components of the organization. Results Orientation - Being persistent and showing perseverance on achieving concrete and tangible results out of personal responsibility; getting optimum results from situations and being ready to take action and show tenacity in case of obstacles or resistance. Written Communication - Expressing ideas and opinions clearly in properly structured, well-organized, and grammatically correct reports or documents; utilizing language and terminology that is understandable for the reader. Desired Qualifications:High school diploma or GED required Bachelor's degree in business or related area preferred 2+ years of experience in related back-office functions preferred Experience in banking/credit union back-office functions Customer service experience Work Environment:Employee spends the majority of time in office environment, generally accessible to the public, members, and potential membersNoise level in the work environment is usually moderateReasonable accommodations may be made to enable individuals with disabilities to perform the essential functionsPhysical Demands:Employee is regularly required to sit, stand and walkEmployee will use hands to finger, handle or feel, reach with hands and arms, and talk or hearEmployee will irregularly lift and/or move up to 10+ pounds Employee will frequently travel to various branches within the company's marketReasonable accommodations may be made to enable individuals with disabilities to perform the essential functions Hope Enterprise Corporation does not participate in or engage in any form of visa sponsorship, including employment-based visa applications or extensions (e.g., H-1B, TN, O-1, OPT, STEM OPT, etc.). Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.