Payment Operations Lead – ACH, Wires & Reconciliation

Varo Bank; Charlotte (NC); On-site; USD 90,000 - 130,000; Full time

Job summary

Varo Bank is seeking a Payment Operations Analyst to manage the primary payment channels and implement scalable operational solutions. You will monitor ACH activity, ensure accurate postings, and balance ACH postings to the Federal Reserve account.

The role requires five or more years in financial services, strong attention to detail, ability to multi-task, and an independent work style. A bachelor’s degree or equivalent experience is needed, with privacy and regulatory awareness essential.

Qualifications

• Five+ years in financial services, payments processing or treasury operations.
• Knowledge of bank policy, procedures, products, and Reg E requirements.
• Detail-oriented with strong organizational skills.

Responsibilities

• Monitor ACH activity including origination, processing and reconciliation.
• Balance and post ACH to internal and Federal Reserve accounts.
• Process and reconcile wire transfers and vendor/partner activities.
• Monitor cash balances and daily cash position.
• Provide ad hoc reporting and support to other teams.
• Review and approve entries and support onboarding/training of teammates.
• Support system upgrades and testing with Core Banking.

Skills

5+ yrs experience

Attention to detail

Multi-tasking

Independent worker

Problem solving

Confidentiality

Education

Bachelor's degree or equivalent experience

Job description

Varo Bank is seeking a Payment Operations Analyst to manage the primary payment channels and implement scalable operational solutions. You will monitor ACH activity, ensure accurate postings, and balance ACH postings to the Federal Reserve account.

The role requires five or more years in financial services, strong attention to detail, ability to multi-task, and an independent work style. A bachelor’s degree or equivalent experience is needed, with privacy and regulatory awareness essential.