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Operations Associate I
Operations Associate I-March 2024
Woburn
Mar 28, 2026
About Operations Associate I

  (OA I) Maintains primary responsibility for all operational elements of a small to mid-sized banking office by:

  (OA II) Maintains primary responsibility for all operational elements of mid-sized to large banking office by:

  Managing the branch cash vault to within prescribed limits and serving as the vault custodian. Must master the use of the bank’s cash forecasting system.

  Serving as the branch’s ATM custodian; ensures it remains stocked, functional, and is balanced daily.

  Auditing all negotiable instruments, cash drawers, foreign currency (if applicable) and related logs to ensure adherence to defined policies and procedures.

  Responsible for all operational components in the branch such as balancing and researching cash errors, filing necessary BSA forms, compliance and security elements

  Stays abreast of all compliance and security requirements and implements processes within the branch to ensure regular adherence.

  Routinely reviews new account opening documentation, to include some that is more complex (i.e. corporate resolutions, business customer profiles, businesses designated as high-risk, etc.) to ensure adherence to bank policies and procedures

  Incumbents in this position are skilled in both sales and transactional capacities and personally service all customers by:

  Opening deposit accounts and taking loan applications for various lending units

  Closing consumer loans

  Making referrals to other bank business lines and third party partners

  Handling routine account maintenance and other servicing issue

  Processing monetary transactions such as cashing checks, making deposits, selling monetary instruments, buying/selling foreign currency, processing credit card cash advances

  Maintaining safe deposit records properly to include contracts, access slips and assisting customers with access to safe deposit boxes (if applicable)

  Qualifications:

  Two to four years of related job experience required

  Ability to work independently

  Ability to multi-task in a fast-paced environment

  Basic business acumen and professionalism required

  Individual should be an outgoing self-starter

  Technically literate in a MS Windows environment

  Strong interpersonal skills and a desire to be in the ‘customer service’ business

  Strong written and verbal communication skills

  Ability to build relationships and strong alliances across the organization and to quickly learn all there is to know about the products and services offered by the bank.

  (OA II) Fully skilled in both sales and transactional capacities

  (OA II) Ability to balance policy and procedure with appropriate judgement, make decisions that are mutually beneficial to the bank and the customer.

  High school diploma or equivalent required

  (OA II)High School or equivalent and two-to-four years of related job experience required.

  Work Requirements:

  Ability to stand and remain standing for up to five hours at a time without a break. May be required to lift and/or move coin/currency bags weighing 25-30 poundsCommitted. Inclusive. Courageous. Eastern Bank has built a legacy of investing in the communities we serve and helping our customers, communities and employees thrive and grow. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.

  As a large full service commercial bank in the Greater Boston area, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.

  As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.

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