QCR Holdings, Inc.

Correspondent Banking Specialist

QCR Holdings, Inc.  •  Davenport, IA (Onsite)  •  3 hours ago
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Job Description

TITLE: Correspondent Banking Specialist

DEPARTMENT: 940 – Correspondent Banking

The Correspondent Banking Specialist is responsible for administering the daily operational activity of the correspondent banking department. This position will manage the daily cash position for all correspondent banks and provide support the correspondent banking team, ensuring highest level of client service.

ESSENTIAL FUNCTIONS:

  • Perform daily balancing functions for correspondent clients including general ledger balancing, wire transfers, currency & coin, processing daily entries, problem research and resolution.
  • Coordinate overnight investment decisions.
  • Meet all critical deadlines as dictated by upstream correspondent banks, system-related cut-offs, downstream correspondent bank expectations, etc., paying close attention to details and accuracy on all transactions.
  • Assist with preparation of various reports and audit requests, as well as researching trends to ensure accuracy of documentation.
  • Collaborate on the development and maintenance of policies and procedures within the correspondent banking department, focusing on continuous process improvements and automating daily procedures.
  • Maintain a working knowledge of the financial industry, product offerings and current issues that impact our correspondent banks and the services they require.
  • Maintain a professional relationship with all bank clients.
  • Collaborate with a variety of individuals and teams in a constructive and professional manner.
  • Comply with all company or regulatory policies, procedures and requirements that are applicable to this position.
  • Foster and preserve a culture of inclusion.
  • Additional duties and responsibilities may be required to support the company’s mission, vision and values.

QUALIFICATIONS:

  • High school diploma or equivalent.
  • Two years of banking experience in banking operations or related area required.
  • Excellent verbal, written and interpersonal communication skills.
  • Advanced computer knowledge with emphasis on Microsoft Excel and Word.
  • Self-motivated with the ability to work independently.
  • High level of accuracy and attention to detail.

WORKING CONDITIONS:

  • Duties are performed in a professional office environment.

At Quad City Bank & Trust. we are committed to fostering and preserving a culture of inclusion and strongly believe that it's our differences - of all kinds - that make our company and our communities better and stronger.

Quad City Bank & Trust is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or other protected class status.

It is the policy of Quad City Bank & Trust. to comply with the Americans with Disabilities Act by providing reasonable accommodations to enable qualified individuals with disabilities to access the job application and interview process, to perform the essential functions of the job, and to receive equal access to other benefits and privileges of employment.

QCR Holdings, Inc.

About QCR Holdings, Inc.

QCRH Mission Statement: We make financial dreams a reality.

QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny and Springfield communities through its wholly owned subsidiary banks. The banks provide full-service commercial and consumer banking and trust and wealth management services. Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, and Guaranty Bank, based in Springfield, Missouri, was acquired by the Company in 2018. Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company. The Company has 36 locations in Iowa, Missouri, and Illinois. As of June 30, 2025, the Company had $9.2 billion in assets, $6.9 billion in loans and $7.3 billion in deposits. For additional information, please visit the Company’s website at www.qcrh.com.

This page is to provide general information about QCR Holdings, Inc. Never disclose personal or financial information on LinkedIn. This includes personal information such as account numbers, social security numbers and other non-public information.

QCR Holdings, Inc. does not endorse the content, ads or third-party posts placed on this site.

Industry
Finance & Insurance
Company Size
501-1,000 employees
Headquarters
Moline, IL
Year Founded
Unknown
Website
qcrh.com
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