TRS Operations Specialist

"Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!"

Grade 7

About Republic Bank

Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for ten years! For more information about the company, please visit www.republicbank.com.

POSITION PURPOSE AND OBJECTIVES
This role is a financial role that is responsible for operational processes that track daily inflows and outflows of ACH transactions within the Tax Refund Solutions (TRS) department. This tracking includes, but is not limited to, reporting on and initiating payments dictated by contractual obligations between the bank and partnered Transmitters, Tax Office Groups, and Individual Tax Preparation Offices. This position will work closely with the Manager to ensure these money movements and daily settlements are processed by the Bank and the Federal Reserve.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

MINIMUM QUALIFICATIONS
* 2+ years' financial operations and/or accounting related education or experience required.
* Proficient in standard MS Office products (Outlook, Excel, Word) required.
* General understanding of accounting practices preferred.
* Demonstrated moderate SQL Table Query skills preferred.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES
* Payment Processing - 75%
Develop and maintain a strong rapport with internal departments to assist with functions related to contractual payments and invoicing.
Calculate and initiate payments to facilitate the Bank's contractual obligations to Transmitters, Tax Preparers, and Custom Deal Offices. This will also include creating and posting the accompanying accounting journal entries to record the money movement.
Assist with accumulating 1099Misc and W9 forms.
Create check requests and ACH transactions as requested.
Follow defined processes to satisfy Audit best practices and separation of duties.

* Operational Support - 25%
Perform User Acceptance Testing (UAT) on new specifications, reports, and processes that are implemented to increase departmental efficiencies annually.
Communicate with Manager when challenges arise, or clarification is needed.
Support internal operational processes involving Tax Refund Solutions (TRS).
Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
Model and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
Willingly perform all other duties and projects as assigned.

INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED
* Must be detail-oriented and have excellent organizational skills.
* Must be self-motivated and work well in a team environment.
* Excellent verbal and written communications skills for effective interactions with partners.
* Ability to multi-task in a high stress environment.

PHYSICAL REQUIREMENTS
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.

OTHER REQUIREMENTS
* Travel between Republic Banking facilities may be required including occasional out of town travel.
* Flexible work schedule may include some evenings, weekends and/or overtime.
* Stay abreast of new developments, best practices, and statutory and regulatory changes.

**The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities, or requirements.