Linnea Viant
New Milford,New Jersey
Summary
Results-driven banking professional with 40 years of experience in back-office operations, specializing in process optimization and compliance. Known for a meticulous approach to problem-solving and a deep understanding of banking systems and procedures. Proven leader with a track record of mentoring teams and enhancing operational performance, delivering consistent results in complex, fast-paced environments.
Overview
40
40
years of professional experience
Work History
Operations Manager, AVP
Signature Bank/Flagstar Bank, N.A
New York City, NY
09.2000 - Current
- Monitored and maintained accounts on backup withholding, which missing TINS and/or no TIN certifications on file
- Initiated/Approved wire transfers to bank vendors, monitored and posted funds to wire transfer general ledger accounts
- Monitored and maintained customer accounts, ensuring they are properly debited when wires are initiated, and manually debiting accounts when necessary
- Performed data entry of new Rent Security landlord, building & tenant accounts
- Initiate W-9 mailings and Tax reporting
- Responsible for monthly 945 Backup Withholding reporting via the EFPTS phone-line and remittance to the IRS
- Remitted interest earned on IOLA/IOLTA accounts to various states such as, New York, Connecticut Texas and California
- Monitored the Digital Payment Platform client paperwork review, account opening, and account maintenance
- Reviewed and approved the Inactive and Dormant account status processing paperwork and the account status change report review
- Monitored, reviewed and approved the Remote Official Check process and Client account debits
- Coordinated production and mailings of various annual tax forms on interest and dividends earned, and processed corrections on tax system for interest earned on customer’s accounts
- Worked closely with the Bank’s Tax Manager and the Tax IT team on annual IRS B-Notices (mismatch btw name and TIN) and any IRS assessed Penalty Notices
- Resolved problems that are outside the responsibility of subordinate employees
- Prepared annual performance evaluations for staff
- Monitored and approved staff’s attendance records
- Prepared and initiated Corrective Action warnings
- Maintained overall quality of department’s work and the Policy and Procedures associated to each job function
- Worked closely with Internal and External Audits and Risk teams
Supervisor/Team Leader
Manhattan Savings Bank/Republic National Bank/HSBC
New York City
09.1984 - 09.2000
- Performed data entry of new Rent Security landlord, building & tenant accounts
- Performed Bank Account Reconciliations
- Calculated and Posted Account Interest Adjustments
- Supervised staff
Education
Diploma - General Studies
ST Joseph’s High School
West New York, NJ06.1981
Skills
- Back Office Processing
- Team Leadership
- Mentorship
- Multi-tasking
- Communication
- Regulatory Compliance
- Data Analysis
- Reporting
- Banking Systems
- Software
- Problem Solving
- Microsoft proficiency
Experienceandskills
- Key employee in the implementation startup of a new bank
- Forty years of Back Office Processing
- Team Leadership & Mentorship
- Organized multi-tasker and able to perform within a high-volume area
- Discrete and professional
- Strong communications skills
- Regulatory Compliance
- Data Analysis & Reporting
- Banking Systems & Software
- Problem Solving
- Microsoft proficient
Timeline
Operations Manager, AVP
Signature Bank/Flagstar Bank, N.A
09.2000 - Current
Supervisor/Team Leader
Manhattan Savings Bank/Republic National Bank/HSBC
09.1984 - 09.2000
Diploma - General Studies
ST Joseph’s High School