New

Finance - Deposit Operations Specialist

North Star Bank
$20+ per hour starting - North Star Bank offers a nice benefits package designed to meet the needs of our employees. Benefits include Medical, dental, health savings account (HSA), 401K & company match, short term disability, life insurance, MN leave prog

4661 Highway 61 N (Show on map)
Aug 03, 2026
North Star Bank is an independent, locally owned community bank with a proud tradition of sound management and integrity. Established in 1947, we have been continuously committed to providing quality, customized banking service for personal and commercial financial needs. Whether it is assisting a newfound customer or cultivating the current relationship we provide banking solutions convenient for our customers that meets their needs. North Star Bank proudly reinvests in the neighborhoods in which you live in and continues to serve the community we've been part of for more than 75 years. Under the general direction of VP of Finance, this is a blended position that performs a wide variety of tasks of operational and accounting functions to support the banks finance and deposit operations teams. Responsibilities within the finance department will perform a variety of reconciling, processing accountabilities, and prepare specific monthly financial reports for management. This position manages the payment cycle for all invoices, ensures the proper G/L is assigned, maintains the digital filing system, and makes sure payments are processed in a timely manner. This role oversees the recording of fixed assets, applies proper coding, maintains the depreciation schedule, records prepaid and accrual expenses and assists in annual audits. Other responsibilities include performs daily reconciliation of correspondent bank accounts and assigned G/L accounts. Secondary review of securities at FHLB is performed when bank investments are purchased/sold, and pledging of securities are assigned. Additional duties include review of application processing daily controls along with distribution of daily statement reports such as; daily statement, income statement, posted transactions, and closed accounts. Overall supports the VP Finance and provides back up coverage for certain tasks typically performed daily. Deposit Operations responsibilities are overseen by the VP of Operations and includes review/verify domestic wires and international wires prior to final verification by another team member. Crosstrain with deposit operations staff for back-up coverage during scheduled time away, or as situations or department needs change. Individual is responsible for ensuring compliance with all Bank policies and procedures, as well as applicable state and federal banking regulations including but not limited to: ACH Rules, BSA and OFAC requirements, Regulation D, Regulation E, Red Flag, and Regulation CC. Qualifications: Ability to work in a fast-paced environment and manage time well to complete work in established deadlines Motivated self-starter with a strong work ethic Ability to take initiative, work independently with minimal supervision, and collaborate effectively across departments. Possesses good customer service skills and collaborative approach when working with team members Displays high attention to detail and accuracy in work assignments Ability to problem-solve and suggest solutions to situations Possesses strong analytical, interpersonal, organizational, and time management skills. Ability to work well independently with little direction Ability to multi-task and prioritize Computer proficient and adaptable to various computer programs Follow established processes, guidelines, and procedures while adhering to all applicable laws and regulations Education and Special Requirements Accounting degree preferrable or minimum two-year professional knowledge and experience in a bank's accounting or accounts payable department. Working knowledge of accounting principles, standards, and financial regulations Excellent verbal and written communication skills, including the ability to explain accounting or reconciliation matters clearly. Ability to demonstrate knowledge and business acumen in bank operations. Possess good analytical skills with high attention to detail and accuracy Experience using digital payment technologies is preferred. Proficiency in Word, Excel, and Outlook to create and maintain various documents and reports and send communications to customers and bank staff. Fiserv Core banking system preferred Audit background beneficial Hours: 8:00 - 4:30 Monday - Friday ** (This is not a hybrid or remote position) If you are looking to make a real impact and build a career in the financial services industry, come join our team! This position is based out of our White Bear Lake Location North Star Bank 4661 Highway 61 White Bear Lake, MN 55110 https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf https://www.dol.gov/whd/regs/compliance/posters/eppac.pdf https://www.dol.gov/whd/regs/compliance/posters/fmlaen.pdf Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities