Chicago, IL, 60684, USA
1 day ago
Sr. Processor, Operations Management
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients. At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute. To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html) **What you'll be doing** Perform a variety of Deposit Operations duties that require the ability to work in a time-sensitive environment with good critical thinking skills, accuracy, and diligence. This position is responsible for monitoring and processing all deposits related to Deposit Operations of the Bank as well as providing support to our lines of business. Candidate should possess the ability to adapt to change and promote teamwork through individual participation. _At CIBC we enable the work environment most optimal for you to thrive in your role you’ll have the flexibility to manage your work activities within a hybrid work arrangement where you’ll spend 2 days per week on-site, while other days may be remote._ **How you'll succeed** + Review and process exceptions items to include Non-post and Stop Payments + Review of stop payment suspect report + Process incoming return items (chargebacks) to include redeposit or charge back of item to customers account, notifying account officer of large or potential fraudulent items, mailing notices and place holds as necessary + Review incoming return notifications and place holds as needed + Monitor and respond to inquiries received in the exception team email boxes + Reconciliation for foreign item deposits + Monitor and review Dormant activity + Daily review and morning pre-scrub of positive pay exception items including account maintenance, reconciliation and returns + Review, reconciliation and end of day processing of daily Overdrafts and unposted including sending out large dollar return notifications and reaching out to account officers for any follow up + Responsible for returned mail processing + Quality review of tasks processed by other teams within the department + Reconciliation of CD Interest Checks and Savings Bonds redemption + Other duties as assigned **Who you are** + Minimum of 3 years of experience in back-office operations in a financial institution + Bachelor's Degree Preferred + Ability to multi-task, prioritize and organize work based on request volume and other departmental assignments as assigned + Ability to work independently, meeting deadlines. + Detailed and process oriented with a focus on integrity and accuracy of information + Requires strong verbal and written communication skills + Demonstrate strong teamwork, independent learning, detailed analysis of requests, compliance to policy and procedure + Good working knowledge of applicable federal guidelines and regulations. + Proficient in Microsoft Excel, Word and Outlook + Knowledge of FIS systems preferred + Knowledge of TRIPS Incoming preferred _At CIBC, we offer a competitive total rewards package. This role has an expected salary range of_ **$55,500 - $62,500K** _for the Chicago, IL market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members._ _This position does not offer visa sponsorship._ **\#LI-TA** California residents — your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html) **What CIBC Offers** At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck. + We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program. + Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients. + We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development. *Subject to plan and program terms and conditions **What you need to know** + CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com + You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit. + We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us. **Job Location** IL-70 W Madison St, 9th Fl **Employment Type** Regular **Weekly Hours** 40 **Skills** Adaptability, Banking, Business, Communication, Continuous Improvement, Critical Thinking, Detail-Oriented, Electronic Mail, Group Problem Solving, Identifying Opportunities, Meeting Deadlines, Microsoft Excel, Overdrafts, Prioritization, Teamwork, Written Communication At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability. Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel. Every day, our 44,000 employees help our clients achieve their financial goals, because what matters to our clients, matters to us.
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