POSITION SUMMARY
The Business Deposit Specialist is a vital, non-customer-facing role focused on protecting the accuracy and integrity of our business accounts. The position reviews business account paperwork to make sure every document is correct, necessary, and meets bank rules. This role is responsible for the complete maintenance and regular review of all business account @types (such as LLCs, corporations, and partnerships), ensuring every detail lines up with State and Federal laws. This position will also handle the legal documentation and keep all customer records up-to-date and accurate. Success in this role demands an elite level of detail orientation, exceptional organizational skills, and a proactive, process-driven approach to managing complex documentation and priority assignments.
Reasonable Accommodations Statement
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.
ESSENTIAL FUNCTIONS
Responsible for maintaining, reviewing, and verifying all business account information to ensure accuracy, compliance, and operational integrity.
Maintains customer and business account records; verifies all documentation against the Synergy system.
Reviews new account paperwork, CIF documents, and business account updates for completeness and accuracy.
Prepares credit references, rate account authorizations, and validates supporting documentation.
Reviews power of attorney forms, and other legal account materials including Tax Levies, garnishments, and Writ of executions.
Prepares and updates required documentation regarding inheritance tax, deceased customer reporting, and attorney correspondence.
Responsible for the accurate maintenance, review, of all safety deposit box accounts, including updating customer records, managing access documents, and processing associated billing and key inventory changes.
Actively participate in cross-training across various Deposit Operations functions to ensure department continuity, and perform any other duties or projects as assigned by management to meet operational needs.
