Electronic Payment Specialist

Dacotahbank; Aberdeen (SD); Sur place; USD 42 000 - 64 000; Plein temps

Avantages offerts par ce poste

Health Insurance

Dental Insurance

Health Savings Account

Life Insurance

Paid Vacation and Sick Time

Retirement Plan Options

Additional Perks and Benefits

Résumé du poste

Dacotah Bank is seeking an organized banking specialist to manage daily ACH and wire processing, verify and reconcile transactions, and monitor for fraudulent activity. The role requires knowledge of NACHA rules and federal regulations relating to ACH and wire transfers.

You will process incoming/outgoing wires, confirm validity of requests, and provide compliance reporting while assisting customers and internal teams with questions about ACH and Wires.

Qualifications

• Associate degree or equivalent in accounting/finance or related field.
• Ability to multitask and manage multiple tasks independently.
• Strong analytical and communicational skills with confidentiality.
• Proficient with computers and learning new banking applications.

Responsabilités

• Process wires and ACH files accurately and timely.
• Verify and confirm outgoing wire requests; monitor for fraud.
• Reconcile CDARS/ICS daily and post entries to the GL.
• Respond to internal/external questions on ACH/Wire rules.
• Use FEDLine and WireXchange for file transfers and reporting.

Connaissances

Analytical ability

Oral and written communication

Confidentiality

Independent work

Multitasking

Computers proficiency

Formation

Associate degree in Accounting/Finance/Business or related

Four years of applicable work experience

Outils

WireXchange

FEDLine

Q2 RFA

Promontory CDARS/ICS systems

General ledger interfacing

Description du poste

Job Summary

This position is responsible for the daily processing of ACH origination files and ACH receipt files. Confirms and verifies ACH origination files. Investigates and resolves ACH disputes or errors. This position requires knowledge of NACHA rules, and federal regulations relating to ACH transactions. Receives, processes, and distributes incoming wire transfers. Confirms, verifies and processes outgoing wire transfers. Reconciles wire transfer transactions to general ledger clearing accounts daily. Notifies customers and other company departments of funds wired in or out. Process CDARS and IC S activity. Monitors ACH and Wire Transfers for fraud and investigates any suspicious activity.

Accountabilities

Wire Processing:

• Process incoming and outgoing wire transfers using WireXchange, including online wire requests.
• Proficiently answer branch personnel questions regarding the input and processing of wires.
• Be able to use Fedline to process wires if necessary.
• Confirm and verify the validity of all outgoing wire requests while monitoring for fraudulent or suspicious activity.
• Utilize WireXchange to provide compliance reporting.
• Retrieve, review, reconcile and archive daily reports related to Promontory Certificate of Deposit Account Registry Service (CDARS) and Insured Cash Sweep (ICS) accounts. Post adjusting entries to general ledger, customer records and Promontory as needed.

ACH Processing:

• Confirm and verify ACH origination files. Utilize Q2 RFA to assist with this process.
• Process ACH origination files in an accurate and timely manner.
• Balance files, research and correct discrepancies or suspended files.
• Send and receive files using FEDLine.
• Process incoming ACH files and load them to the core system.
• Process ACH returns, NOCs and stop payments.
• Monitor ACH return rates by originator
• Resolve any disputes, errors, rejects, and deceased transactions.
• Assist internal and external clients with questions concerning ACH transactions, formatting, rules, processing and stop payments.
• Download and process the bill pay file
• Create and maintain transactions in the FTM System, including loan payments debited from other banks.
• Monitors ACH activity for fraud.

Qualifications

• An associate degree in Accounting, Finance, Business or related field and/or four years of applicable work experience in the financial, or other similar industries is preferred
• Ability to simultaneously handle multiple tasks
• Ability to work independently to complete assigned tasks
• Analytical ability
• Possession of excellent oral and written communication skills
• Ability to maintain the confidentiality of company, employee and customer information
• Proficient with computers and has the ability to learn computer applications and use them to provide efficiencies within this position

We offer the opportunity for career growth and development in a professional and pleasant working environment. We offer a competitive salary and exceptional benefits package including:

• Health Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Dental Insurance-Dacotah Bank pays 100% of the premium, family and individual coverage
• Health Savings Account
• Life Insurance for the employee and family
• Paid Vacation and Sick Time
• Retirement Plan Options
• Additional Perks and Benefits

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.