Deposit Service Representative II
About this role
- nswer questions and research account problems and generate changes to accounts as required.
- Ensure that decisions made are consistent with all Bank and Department policies and procedures, as well as applicable regulations.
- Receive, verify and process all wire transfer requests and answer questions regarding incoming and outgoing wire transfers.
- Reconcile all transfer transactions to general ledger clearing accounts and inputs confidential data to process transfers.
- Handle incoming and outgoing check receipts to and from Specialty Deposits. Verify receipts by confirming account and group number. Provide and obtain appropriate signatures.
- Verify and process stop payments, return items, positive pay and any checks with issues. Handle any checks with issues and prepare settlement returns. Prepare and process account fees.
- Provide customers with information on accounts, rates, service charge restrictions and other relevant account information.
- Research and resolve problems, responding to customer inquiries on account status.
- Proactively prepare and process account fees.
- Prepare entries to adjust general accounts affected by returned items. May approved return items.
- Respond to questions regarding incoming and/or outgoing wires.
- Responsible for collection activities.
- Process positive pay (e.g. account refunds, exceptions, etc.) and stop payments.
- Reconcile top sheet items to trust accounts monthly for clients; resolve difference before next statement is sent.
- Package cancelled checks and statements and send them to clients.
- Apply in-depth knowledge of systems, functions and procedures to identify and resolve quality issues to ensure overall team quality.
- Perform other duties as assigned or requested.
- Bachelor's Degree or equivalent
- Must have complete understand of BSA (Bank Secrecy Act) and KYC functions as well as legal documents.
- General knowledge of Bank products and services.
- Good verbal and written communication skills.
- Ability to interact effectively with clients, all levels of Bank colleagues and vendors.
- Able to work in a team environment and to adapt to sudden schedule changes.
- Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date
- Generous 401(k) company matching contribution
- Career Development through Tuition Reimbursement and other internal upskilling and training resources
- Valued Time Away benefits including vacation, sick and volunteer time
- Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs
- Career Mobility support from a dedicated recruitment team
- Colleague Resource Groups to support networking and community engagement
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.
Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.
Company at a glance
City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $93 billion in assets as of July 31, 2025. Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.C. and Miami.* In addition, the company and its investment affiliates manage or administer $106 billion in client investment assets. City National is dedicated to strengthening communities, and in 2024 alone, the company made charitable contributions of nearly $10 million in charitable contributions to nonprofits that support the communities it serves.
*City National Bank does business in Miami and the state of Florida as CN Bank.
Top Benefits
- Medical Insurance
- Dental Insurance
- Vision Insurance
- 401(k) Company Matching Contribution
- Tuition Reimbursement
- Upskilling And Training Resources
- Vacation Time
- Sick Time
- Volunteer Time
- Fertility Benefits
- Cancer Support Programs
- Diabetes Support Programs
- Musculoskeletal Support Programs
- Career Mobility Support
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