Operations Officer

Full Time
Holmen, WI 54636
$45,000 - $65,000 a year
Posted Just posted
Job description

JOIN OUR TEAM . . . BANK OPERATIONS OFFICER

Park Bank is looking for a full-time Operations Officer.

ABOUT US:

  • $65 million bank with locations in La Crosse, Holmen, and Sparta.
  • Accessible, local management with in-market ownership.
  • Focused on helping customers, not sales or referral goals.
  • Specializing in residential mortgages and small business financing.
  • Unique deposit accounts include rewards-based checking.

ABOUT YOU:

  • Strong work ethic and positive attitude required.
  • Flexibility and willingness to be versatile is crucial.
  • Attention to detail is important.
  • Comfort and ability to effectively use technology is essential.

COMPENSATION & BENEFITS:

  • Compensation based on work experience ranging from $45,000 to $65,000.
  • 8:30 am to 5:00 pm, Monday through Friday. Approximately 40 hours/week.
  • 15 vacation days annually and rotation of “soft” federal holidays.
  • Outstanding retirement plan. Eligible after one year. Vested after five years. Annual employer contributions equal to 25% of W-2 income.
  • Health insurance available through Quartz HMO and POS Plans offering access to Gundersen and Mayo. Premiums determined by Quartz. Park Bank pays 75%. Staff pay remaining 25%.
  • No supervisory responsibilities operating in a professional office environment.

ABOUT THIS POSITION:

Park Bank employs a two-person Operations Department with “in-house” processing of operations and transactions. Our Operations Officers perform the following essential functions:

Daily:

  • Export outgoing/import incoming ACH files and electronic cash letters daily.
  • Review chargebacks and returns included in return cash letter.
  • Import ATM transaction file by 9:00 am daily.
  • Send and receive Wire Transfers.
  • Process loan autopays, recurring transfers, and accounts payable transactions.
  • Build new deposit and loan accounts in the core software.
  • Review unposted items and required reports.
  • Review correspondent accounts.
  • Process and review transactions received through “bill pay” portal including exceptions, returns, and cancellations. Post afternoon “bill pay” transactions after 2:00 pm.
  • Review daily overdrafts and mobile deposits. Contact customers as necessary.
  • Review and import all teller transactions. Run end-of-day update and accruals.
  • Verify various backups.
  • Balance and reconcile various internal bank accounts.
  • Various monthly and quarterly reporting.
  • Point of contact for primary correspondent bank.
  • Assists with administering deposit regulations. Limited responsibility for Bank Secrecy Act due diligence through daily monitoring of various customer transaction reports.
  • Participates in training seminars in all operations areas.
  • Boarding loans onto core data system.
  • Fix complex online banking problems for customers.

Weekly:

  • Scanning Loan Committee minutes.
  • Track loan policy exceptions.
  • Updating rates in core system and website.

Monthly:

  • Reporting to Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Small Business Administration (SBA) about the Bank’s servicing portfolio of 1,000+ loans with aggregate principal balances of approximately $150 million.
  • Recognition of tax expense.
  • Balance investment portfolio.
  • Managing accrual- and non-accrual loans.
  • Payroll entries according to information received from third-party payroll administrator.
  • Preparing of Management Board reports.
  • Compilation of monthly Board packet.
  • Submit monthly file to Kasasa for rewards-based checking accounts.

Quarterly:

  • Call Report preparation.
  • Management of Asset/Liability modeling.
  • Accrued expense review and reconciliation.

Annual:

  • Tax remittance.
  • Form W-9, 1098, 1099-Int, etc. preparation.
  • Prepaid expense verification.

This is not a comprehensive listing of activities, duties, or responsibilities and the position may evolve over time.

This position’s core competencies including the following:

  • Problem Solving/Analysis
  • Project Management
  • Stress Management/Composure
  • Technical Capacity
  • Financial Background
  • Communication Proficiency

PLEASE SUBMIT RESUMES AS FOLLOWS:

  • Send resumes to Morgan C. Farmer at morgan.farmer@parkbank.bank with “Operations Officer” in the subject line.
  • Address regular mail as follows:

Park Bank

Attn: Morgan Farmer

1200 Main Street

Holmen, WI 54636

Job Type: Full-time

Pay: $45,000.00 - $65,000.00 per year

Benefits:

  • Health insurance
  • Life insurance
  • Paid time off
  • Retirement plan

Schedule:

  • 8 hour shift
  • Day shift
  • Monday to Friday

Ability to commute/relocate:

  • Holmen, WI 54636: Reliably commute or planning to relocate before starting work (Preferred)

Willingness to travel:

  • 25% (Preferred)

Work Location: In person

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