Operations Compliance Processor (Time Operations)

Job description

Overview

This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. We are looking for candidates who live within a commutable drivable distance to our Raleigh, NC office. This position manages and maintains IRAs and documentation surrounding IRAs, CD’s, and other Time Deposit Accounts. This includes transaction processing and external requests for client information.

This position complies with government agencies or other company requests, managing and maintaining IRA accounts, and performing several administrative processing duties to facilitate client service objectives. Ensures regulatory compliance and accurate reporting by reviewing business processes, documentation, systems, and accounts.

Responsibilities & Qualifications

Review

• Maintains the integrity of information reporting systems through daily maintenance and review. Ensures all information or supporting documentation is present and correct, that accounts are properly set up, and that access is monitored. Adds, modifies, and maintains accounts to comply with applicable regulations and requests. Reviews regulatory holds placed on accounts by branch associates and makes corrective actions within the account as necessary.

Business Support

• Provides client service, support, and communication throughout account and compliance activity. Performs a variety of operational and administrative tasks in response to client requests.

Compliance Proficiency

• Maintains knowledge of applicable laws, regulations, agencies, and policies as well as appropriate actions to ensure compliance.

Qualifications

High School Diploma or GED and 2 years of experience in Operations or Administrative Preferred Qualifications/Skills: Knowledge of banking deposit products, preferably CDs (Time Based Accounts) and IRAs. General understanding of GL purpose/functions and some tax reporting knowledge. Knowledge of Microsoft Suite systems such as Excel, Outlook, etc. Ability to multitask in a fast-paced demanding environment Ability to take and manage note taking during training.

Ability to work independently and with accountability. Must be able to work independently on assigned duties while successfully collaborating in a team friendly environment. Additional Information Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits . #LI-FA1