Banking Services Operations Associate III - Lockbox Processor
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Key details
- Salary
- $43K–$71K/yr
- Location
- Baltimore, MD, United States
- Work style
- Onsite
- Level
- Mid level
- Job type
- Full-time
- Experience
- 2–5 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- Yesterday
Skills
internal controls
About the role
Schedule:
Monday - Friday 12am - 8:30am (completion)
Overview:
Processes and researches payments according to account specifications for Lockbox customers.
Primary Responsibilities:
- Prepare deposits for processing using customer-specific documented instructions while completing all functions associated with transaction processing.
- Complete exception item processing of deposit transactions.
- Prepare daily reports utilizing prepared worksheets
- Review processed deposit transactions for accuracy.
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
- Complete other related duties as assigned.
Scope of Responsibilities:
Education and Experience Required:
Associate’s degree, or In lieu of a degree, a combined minimum of 2 years’ higher education and/or work experience