ACH Operations Specialist

Fwainvest; Pittsburgh (Allegheny County); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Paid time off

Retirement savings options

Job summary

Fwainvest is seeking an ACH Operations Specialist in Pittsburgh, Pennsylvania. This role involves managing daily ACH processing, training new hires, and handling fraud monitoring. Candidates should have a strong background in ACH operations and general ledger balancing.

The successful applicant will work closely with various teams and participate in a hybrid work environment, showing commitment to professional growth and adherence to company values.

Qualifications

• High School diploma or equivalent; post-secondary education preferred.
• Minimum of 4 years of experience in bank operations and ACH.
• Demonstrated ability to manage processing windows and exceptions.

Responsibilities

• Manage daily processing windows of ACH files.
• Assist in the training of new employees.
• Handle fraud monitoring and transaction processes.

Skills

Knowledge of ACH products and systems

General Ledger balancing

Fraud monitoring skills

Effective communication

Education

Bachelor’s in Accounting

Bachelor’s in Business Administration

Bachelor’s in Finance

Job description

## ACH Operations SpecialistApplylocations: Pittsburgh, Pennsylvania - United Statestime type: Full timeposted on: Posted Todayjob requisition id: R-0011399**Job Description Summary**HOURS: 4 PM - 1 AM (Monday through Friday)**Job Description**## The ACH Operations Specialist manages the daily processing windows of ACH file processing. In addition, the ACH Operations Specialist manages all processing exceptions, batch and file suspensions, fraud monitoring, new employee training, ongoing client support, and troubleshooting. The ACH Operations Specialist also performs daily General Ledger reconciliation of Check, ACH, Wire, Debit Card, ICS, and other Miscellaneous accounts. The ACH Operations Specialist will maintain a solid understanding of ACH batch and file processing, ACH services and back-office processes, adequate understanding of the NACHA rules, General Ledger accounting.## ESSENTIAL FUNCTIONS OF THE POSITION:* Assists the ACH Operations team lead on daily tasks* Assist in the training of new employees* Manage ACH file processing windows and exception processing* Manage transaction fraud monitoring and client communication* Assist the ACH Team Lead on all Fraud related activity, as it relates to funds retrieval, documentation, and reporting* Manage General Ledger balancing for Check, ACH, Wire, Debit Card, and ICS* Responsible for covering late ACH window monitoring when required* Work closely with BSA, Risk and Compliance, Management, Sales, Deposit Operations, Treasury Operations, and Wire Operations.## ## EDUCATION AND EXPERIENCE REQUIREMENTS:* High School diploma or equivalent; post-secondary education preferred* A minimum of 4 years of experience, including 2 years bank operations experience in an ACH operations role.## ESSENTIAL SKILLS AND ABILITIES:* Demonstrated knowledge of all ACH products, systems, and related processes.* Thorough understanding of transmission processing for ACH, and understanding file layouts* Understanding of Fraud monitoring and Fraudulent activity on ACH transactions* Understanding of General Ledger balancing principals* Demonstrated ability to communicate effectively with clients, Management, staff, and support vendors.* Job may require additional hours of work during peak periods to meet service levels.**Education**Bachelor’s: Accounting, Bachelor’s: Business Administration, Bachelor’s: Finance**Work Experience**General Experience - 7 to 12 months**Certifications****Travel**Less than 25%**Workstyle**HybridThe total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view. We expect our associates at all levels to: • Grow professionally and inspire others to do the same • Work with and through others to achieve desired outcomes • Make prompt, pragmatic choices and act with the client in mind • Take ownership and hold themselves and others accountable for delivering results that matter • Contribute to the continuous evolution of the firmAt Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.