ACH Operations Specialist 103-Deposit Operations Uniondale, NY, USA Req #589
Tuesday, October 29, 2024
General Statement of Duties: The Automated Clearing House Specialist is responsible for performing ACH operational duties and other duties as assigned of the Deposit Operations Department. These responsibilities include but not limited to:
Responds to telephone and e-mail inquiries Processes incoming and outgoing ACH files in a timely manner Troubleshoots and researches all issues related to ACH processing Processes ACH Debit Filter, Positive Pay, ACH exception and return items Researches and responds to ACH transaction disputes Handle returns, reversals and Notifications of change (NOC) Assists in audits and examinations Major Duties and Responsibilities: Perform the day-to-day activities related to ACH functions. Research and process daily ACH rejects. Responsible for monitoring and addressing all non-post, stop pays, positive pay and ACH Returns on a daily basis. Prepares and processes appropriate general ledger entries. Ensures that the Items in Process and/or ACH in Process general ledger(s) are in proof. Ensure all ACH operational processes and procedures maintain compliance with all transaction processing organizations (NACHA) and federal and state regulations affecting bank operations. Ensure compliance of ACH transfer services and activities. Process daily account maintenance requests in accordance with policy. Ensure OFAC control and monitoring of daily transactions. Conduct daily Bank and general ledger reconciliations. Collaborate with the Accounting Department to clear FED REC entries. Notifies affiliates of errors and exceptions. Work with the managers to ensure document reflects current policies an procedures, And adheres to NACHA and Regulation E requirements. Trains new staff and cross trains existing staff, as required. Ensure compliance with all regulations, policies, and procedures. Perform additional accountabilities as required. Knowledge, Skills and Abilities: 3 + years banking experience in related areas Basic knowledge of Accounting principles and General Ledger Posting Thorough knowledge of banking practices and procedures Knowledge of NACHA Rules and Regulations preferred PC proficiency, particularly word processing and spreadsheet applications (Word, and/or Excel) Strong oral and written communication skills Experience with general ledger reconciliation Experience working with a Bank FED REC Pay Range: $55,000 - $65,000
Hours: 37.50
This is a non-exempt position, eligible for overtime if hours worked are over 40 hours.
The actual compensation will be based on qualifications, experience and other factors permitted by law.
#J-18808-Ljbffr