Business hand pile, all hands in

Join Our Team

Make a Difference!

Behind all our great banking solutions is our leadership team of professionals, each uniquely qualified to help our customers choose the solutions and services that are right for them.

Open Positions: Deposit Servicing Specialist 1

Apply Today 

 *Hybrid position with opportunity to work remotely 1 day per week following initial training period.

 OneLocal Bank is seeking a Deposit Servicing Specialist, primarily responsible for performing a variety of complex clerical duties related to the quality control review of the customer and deposit portfolio. The Deposit Servicing Specialist is also responsible for ensuring compliance with bank policies and regulations, in addition to processing incoming and outgoing wire transfers for both consumer and business customers.

Deposit Servicing Specialist Skills and Qualifications

  • High School diploma or equivalency.
  • Minimum 6 months’ banking experience with back-office experience preferred.
  • Strong organization and prioritizing skills with strong attention to detail; ability to think analytically.
  • Strong communication and interpersonal skills.
  • Basic computer skills with proficiency in Microsoft Office Suite.
  • Ability to effectively present information and write reports and business correspondence.
  • Maintain a working knowledge of each current bank application and program.
  • Team player with strong work ethic.

Why You Should Apply

  • Competitive salary and benefits package including medical and dental insurance with generous employer contribution and 100% coverage of the annual deductible!
  • Matching 401(k) plan plus an enhanced 401K, paid time off, tuition reimbursement, and more!
  • Career growth and advancement opportunities
  • Hours: Full-time, Monday – Friday, 8:30 am to 5:00pm.  

Deposit Servicing Specialist Job Responsibilities

  • Review new accounts and make updates to existing checking, savings, and money market account products.
  • Audit supporting documentation provided by customers and branch team.
  • Maintain various logs to track missing documentation and errors identified during the quality control process.
  • Verify new accounts, changes to accounts, and renewal documentation on all CD and IRA accounts.
  • Perform quality control of all customer-related file maintenance to ensure CIS database is accurate.
  • Assist with deposit related research requests, including gathering of supporting documentation for subpoenas.
  • Review critical deposit maintenance as part of the bank’s review process.
  • Verify all stop payment orders and hold notices are placed accurately and in accordance with bank procedures.
  • Review and process incoming and outgoing wires through the wire platform; perform all due diligence and complete end of day wire settlement.
  • Maintain various logs to track exceptions and errors identified during review.
  • Perform review of business online banking set ups or modifications to services to ensure accuracy and completeness of applications.
  • Process deposit account verification requests received.
  • Assist with ad hoc projects as directed by the department manager.
  • Consult with manager regarding policy or procedure interpretation; escalate any issues or lack of compliance identified during review.
  • Act as a back up to department team members as needed.

About OneLocal Bank (www.onelocalbank.com)

Formerly Norwood Bank and Foxboro Federal Savings, the two banks merged in 2022 and have a new unified identity, OneLocal Bank. OneLocal Bank combines big-bank products and services with community-bank personal service. Our difference is also our promise – to bring our community the most innovative financial solutions available, and the highest level of personal service possible. Behind all our great banking solutions is our leadership team of professionals, each uniquely qualified to help our customers choose the solutions and services that are right for them.

OneLocal Bank is an equal opportunity employer, dedicated to building an inclusive and diverse workforce.







_________________________________________________________________________________

OneLocal Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.