Bank Operations Specialist at MinnWest Corporation – Redwood Falls, Minnesota

About Minnwest: Minnwest is a family owned, community bank based in Minnesota and South Dakota. We believe our success is measured by the extent in which we have a positive impact on the communities we serve. We are committed to building strong, vibrant communities through our core values:

• The customer is the first priority.
• We will keep all of the commitments we make.
• We are the people who get things done.
• We will work together as a team.
  
  

Job Summary: The Bank Operations Specialist (Funds Monitoring) serves as a team member in the operations area supporting the funds monitoring division. This role processes NSF/OD items, resolves exception items and processes the movement of funds through the Federal Reserve Bank and correspondent accounts in a fast-paced environment according to bank policies and standard operating procedures. Team member is responsible for following established guidelines and identifying and resolving problems.

Duties and Responsibilities (including but not limited to):

• Process non-sufficient funds (NSF) and return items and correct non-posts on FMS, DDA, savings, COD, and safety deposit box applications
• Process incoming wire transfers, reviewing wire transfer requests for proper completion and authorization according to wire transfer procedures
• Process ACH origination files, record ACH activity, process ACH File Origination Balancing sheet and ACH return items, reconcile same day ACH transactions
• Review fraud alerts, control bank risk by identifying exceptions to policy or recognizing wires with red flags

Minimum Requirements:

• High school diploma
• 2 years of experience with at least satisfactory performance in office duties
• Good verbal and written communication skills

Preferred Qualifications:

• Secondary education in business, accounting, or excel specialist
• 3 years of experience with at least satisfactory performance in business or accounting
• Good understanding of all standard operating procedures relating to bank operations, retail, and wire transfers

Schedule: Monday – Friday: 8:00 a.m. – 5:00 p.m.

Workplace Environment:

• Requires face-to-face interaction and coordination of work with other employees and departments, and in-person interaction.
• Working at a computer and utilizing a telephone
• Occasionally lifting up to 50lbs

Pay Range: $18.40 - $20.70 hourly

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. The salary range represents anticipated base pay for this role. The actual pay offered will consider internal equity and may vary based on factors including but not limited to work location, candidate’s job-related knowledge, skills, and experience, among other factors.

Minnwest Benefits: In addition to salary, Minnwest Bank offers a comprehensive benefits package, including incentive and recognition programs. Minnwest Bank is focused on taking care of our employees and their families, and supporting their health and financial well-being, including:

• Comprehensive Medical, Vision and Dental Insurance
• Retirement savings including 401(k) with Employer Match and Employee Stock Ownership Plan (ESOP)
• Paid Holidays and Competitive Paid Vacation Days
• Paid Parental Leave
• Short- and Long-Term Disability
• Life, Critical Illness, and Accidental Insurance
• Tuition Reimbursement and Career Development Opportunities
• Employee Assistance Program (EAP)
• Paid Time Off to volunteer in your community
• Opportunities to connect with others through our diversity and inclusion focused Employee Resource Group

All benefits are subject to eligibility requirements.

A full background check, including federal, state, county, and civil, and general financial credit check will be conducted on the final candidate for this position. Candidate must pass the background check and financial credit check in order to obtain employment with Minnwest. Failure to meet any of the requirements may result in a rescission or your offer of employment.

EEO: 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.