ACH COORDINATOR

ADP, Inc.; Detroit Lakes (MN); On-site; USD 28,000 - 38,000; Full time

Job summary

ADP, Inc. in Detroit Lakes, MN seeks an ACH Coordinator to manage the Bank’s ACH Program and ensure compliance with applicable laws and regulations.

You will lead the development and maintenance of ACH policies, procedures, and training materials for staff and customers, while coordinating risk assessments and annual audits. The role calls for an Associate degree or equivalent and 1–3 years of banking experience, plus strong organizational, verbal and written communication skills, and the

Qualifications

• Associate degree or equivalent and 1–3 years banking experience.
• Experience in a banking environment desirable.
• Strong organizational and communication skills.

Responsibilities

• Develops, administers, and monitors ACH Program to ensure ongoing compliance with laws, regulations, and rules.
• Maintains ACH Policy, procedures, and forms; communicates usage to staff.
• Develops training materials for staff and customers; conducts ACH training sessions.
• Updates ACH Risk Assessment materials and reports to the Board annually.
• Conducts annual ACH Audit/Assessment with Cash Management customers.
• Researches and stays current on federal and state ACH banking rules and regulations.
• Corrects ACH process exceptions and deficiencies in a timely manner.
• Maintains ACH contact records with Federal Reserve Bank and Upper Midwest ACH Association.
• Provides ACH assistance and research to staff.
• Protects privacy of sensitive information per confidentiality policies.

Skills

Organizational skills

Analytical skills

Verbal and written communication

Deadline-driven

Multitasking

Education

Associate degree or equivalent

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

ACH COORDINATOR

Full-time Regular DETROIT LAKES, MN, US

2 days ago Requisition ID: 1062

Salary Range: $20.50 To $27.50 Hourly

Job title: ACH Coordinator

Reports to: President of Parkers Prairie Branch

Job Status:Non-exempt

Job Summary

Responsible for overall management and implementation of Bank’s ACH Program. Researches, develops, administers, and monitors the Program to ensure the Bank’s ongoing compliance with all applicable laws, regulations, and rules. Leads and works collaboratively with staff to ensure that all ACH transactions are completed in accordance with policies and procedures, while providing dependable and efficient quality service to the Bank and its customers. Responsible to correct any ACH process/policy exceptions and/or deficiencies. Provides the Board of Directors and Senior Management with

ACH Policy and Procedure information.

Essential Functions

• Develops, administers, and monitors ACH Program to ensure the Bank’s ongoing compliance with all applicable laws, regulations, and rules.
• Develops, writes, and properly maintains the ACH Policy, procedures, and forms. Communicates ACH Policy, procedures, and forms use to Bank staff.
• Develops, writes, and maintains ACH training materials for both staff and Cash Management customers. Conducts ACH training for Bank staff.
• Updates the ACH Risk Assessment materials and procedures as needed and reports to the Board annually.
• Conducts annual ACH Audit/Assessment with Cash Management customers to provide ongoing ACH rules and procedures education.
• Researches and remains current on all applicable federal and state ACH banking rules and regulations.
• Takes action to ensure that any ACH process exceptions and/or deficiencies are corrected in a timely manner.
• Maintains ACH contact records at Federal Reserve Bank and Upper Midwest ACH Association.
• Provides ACH assistance and research to all staff.
• Responsible for protecting the privacy of sensitive business and customer information by following all confidentiality, security, and safeguarding customer information policies and control procedures
• Other projects and responsibilities may be added at the company's discretion.

Job Requirements and Qualifications

Education and/or Experience: Associate degree or equivalent from two year college or technical school; and one to three years related experience and/or training; or equivalent combination of education and experience. Experience working in a banking environment desirable.

Critical Skills:Excellent organizational and analytical skills. High attention to detail. Strong verbal and written communication skills. Must possess ability to meet deadlines while producing accurate work. Must have superior ability to multitask.

Other Information

Physical Requirements:The ability to sit for extended periods of time. Ambulatory skills sufficient to visit branch locations, the ability to stand, walk, and manipulate (carry, lift, move) weights of approximately 10 to 50 pounds. Requires good hand-eye coordination, arm, hand and finger dexterity, including the ability to grasp, and visual acuity to use a keyboard and computer monitor, operate equipment and read technical information. Must possess valid and current driver’s license and ability to drive motor vehicle.