Deposit Operations Analyst, Digital Banking

United States·Chevy ChaseFull Timemid

OperationsIT & AdministrationOperations AnalystData & AI

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Quick Summary

Overview

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve.

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COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

JOB SUMMARY: The Deposit Operations Analyst, Digital Banking, is an analysis-driven operational role responsible for executing and improving designated Deposit Operations functions through trend analysis and proactive risk/control insights. The Analyst owns specific day-to-day, task-driven analysis, but is also responsible for delivering accurate, timely outcomes and recommending systemic improvements to processes, controls, and recurring support needs. The role operates independently on analytical deliverables, applies judgment within procedural parameters for assigned functions, and provides support while escalating unresolved issues to leadership.

This is a hybrid role and the Analyst must 1.) be located within a reasonable proximity to the Washington DC/Chevy Chase, Maryland area, and 2.) work in the office 2-3 days/week.

Manage the end-to-end processing of functions that require daily queue monitoring and decisioning, accept/reject actions, adjustments, research, and resolution of exceptions (such as duplicate/suspect items), while ensuring adherence to documented procedures and controls, like the Mobile Remote Deposit Capture (RDC/mRDC) function

For these functions, perform reconciliation and monitoring activities, including balancing/settlement validation, investigating variances, and coordinating reconciliation sign-offs when required within role-specific limits

Analyze transaction trends and volumes for assigned functions, identify drivers of exceptions/contacts, and recommend process improvements to reduce repeat issues and improve throughput and accuracy

Prepare and/or approve adjustments impacting the General Ledger within role-specific limits, analyze reconciliation variances, coordinate reconciliations, and support accurate documentation and sign-offs

Serve as a first and primary point of contact to Tier II phone support calls for the Deposit Operations department, delivering timely internal support, troubleshooting, and issue triage

Analyze Tier II support trends (contact drivers, repeat issues, error patterns), and recommend systemic or holistic improvements to reduce routine support needs through better procedures, job aids, and/or upstream fixes

Assess risk trends and control effectiveness for owned functions, identifying emerging issues and recommending corrective actions to reduce operational, financial, and regulatory exposure

Provide analytical support to escalations, including root-cause identification and recommended solutions.

Share insights, reporting, and best practices with peers and leaders; collaborate cross-functionally to resolve recurring issues and improve service and controls

Participate in service and process improvement initiatives by identifying inefficiencies and recommending enhancements to operational workflows and controls

Responsibilities

~2 min read

→Support special projects and implementation activities for new procedures, controls, or technologies as assigned

→Comply with all bank policies, audit standards, regulatory mandates, and all required compliance training.

→Perform other duties as assigned

→High School Diploma required, Bachelor’s Degree preferred

→National Check Professional (NCP) accreditation preferred

→Minimum of 3 years of bank operations experience required; 5+ years of experience or more years preferred

→Prior item/check/payment processing experience preferred

→Demonstrated problem-solving skills with the ability to identify trends, recommend systemic fixes, and support prevention strategies

→Strong working knowledge of applicable regulations; ability to identify potential compliance issues and support regulatory analysis, exams, and reporting

→Functional knowledge/understanding of accounting concepts and process preferred

→ Experience working in a fast paced, deadline-driven environment

→Proficiency in the use of PC software tools for reports, audits, and analysis

→Ability to establish positive working relationships and collaboration across the organization

→Requires ability to work with minimal supervision

→Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)

→Excellent verbal, written, and interpersonal communication skills

→Strong organizational skills and attention to detail

→Outstanding problem-solving and time management skills

→Self-motivated, self-directed, and results oriented

→Adaptable and able to multitask in a fast-paced environment

→Can work independently and within a team; solution-oriented with a collaborative approach