Deposit Settlement Specialist I

Deposit Settlement Specialist I The Deposit Settlement Specialist I is responsible for processing and verifying transactions that transpire at Navigant Credit Union IBK terminal(s) and handling all IBK transaction matters including exception posting(s). What You Will Do: Performs daily reconciliation of the IBK settlement and ATM Online in process GLs including cash and check transactions. Research IBK-related cash transaction discrepancies as well as balancing discrepancies from Fiserv IP (check deposits) to ATM balancing reports. Conducts weekly settlement / reconciliation of the IBK's under Brinks cash Management utilizing multiple reports, including performing the batching of checks daily and investigating and resolving any discrepancies. Serves as the liaison for the Brinks Cash Management vendor. Reconciles ATM terminals outsourced by a third-party cash management vendor (Kent, cash dispensing only and Bryant IBK), by providing the designated individuals in Accounting with the IF67 total for the specific terminal(s). Performs quality control for the digital storage of documentation related to ATM/IBK settlement and other payment processing functions. Performs daily check batching on the IBK terminals managed by our retail branch locations. Reviews daily check deposits on IBK terminals, performing adjustments/check holds as necessary. Wire Management which includes but is not limited to reviewing and cataloging wire receipts for outgoing Retail wires, posting of incoming wires and releasing of outgoing wires. Research member and staff inquiries and aids those with questions surrounding settlement and responds in a timely professional manner. Stays abreast of applicable federal and state rules and regulations related to Reg E, Reg CC, and regulations/ legislations that may impact the Credit Unions programs. Performs other duties as assigned by the Operations Manager II or the FVP of Operations. Qualifications: Education: High school diploma or GED education required. Some college level accounting courses and/or AA in accounting preferred. Experience / Skills/Knowledge: Minimum of 2 years prior experience in banking, preferably in the Deposit Services, Payment Processing or Retail area. Prior experience in a call center / contact center or client facing environment in the banking industry preferred. Knowledge of deposit account regulations and compliance requirements required. Excellent verbal, written, telephone, and interpersonal communication skills required. Must be able to communicate clearly and precisely as well as listen carefully and ask questions to clarify understanding. Must have strong member/customer service orientation required in alignment with the credit union's mission and core. Experience working in a team-oriented, collaborative environment is required. Must have the ability to handle simultaneously, multiple tasks and changing Must have the ability to work independently. Must have demonstrated analytical, organizational, problem-solving, and time management skills. PC proficient, including Microsoft Office (Word, Excel, Teams, PPT), the Internet required. Travel may be required. About: People helping people is what makes Navigant Credit Union truly special. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915. At $4 billion in assets, Navigant Credit Union is the largest credit union in Rhode Island and third largest in New England. Our success is founded upon our community-based values and our belief in putting people first. These are just a few of the reasons why Navigant Credit Union has been named "Rhode Island's Best Place to Work" year-after-year by the Providence Business News. Our Core Values of "Leadership, Unity, Caring, and Integrity" are the guiding principles for our organization. They are the qualities and/or traits that we consider a high priority for Navigant Credit Union employees. Navigant Credit Union prides itself on investing in our workforce, while exceeding member expectations. We offer tremendous opportunities for professional development, career advancement, and a best-in-class benefits package including robust medical and dental plans, vision benefits, 401(k) with a generous employer match, tuition reimbursement, competitive salaries, paid volunteer days, and more.

Created: 2026-03-09