Payments Clearing & Settlement Manager

Indiana Members Credit Union; Indianapolis (IN); On-site; USD 80,000 - 105,000; Full time

Job summary

Indiana Members Credit Union in Indianapolis is seeking a payments operations Manager to oversee daily processing, settlement and exception management of ACH, check processing and related activities. You will ensure timely settlement, maintain regulatory compliance, and lead a team of items processing specialists.

The role requires a Bachelor's degree and 5+ years in financial operations, with 2-3 years in supervision; payments certification preferred.

Qualifications

• Bachelor’s degree in business, finance, accounting or related field preferred.
• Minimum 5 years of financial institution operations experience including clearing or settlement.
• 2–3 years of supervisory or management experience preferred.
• Payments certification preferred (or willingness to obtain).

Responsibilities

• Manage daily processing and settlement of incoming clearing transactions across payment channels (ACH, check).
• Ensure settlements are accurate and timely within SLAs and network deadlines.
• Monitor balancing and reconciliation for payment and settlement accounts.
• Oversee exception processing, returns, adjustments and dispute resolution.
• Lead staff, provide coaching and ensure adequate coverage for business continuity.
• Maintain compliance with NACHA rules, Reg CC, Reg E, and applicable regulations.

Skills

Operations management

Staff leadership

Payment processing

Regulatory compliance

Risk management

Education

Bachelor's degree in business/finance

Job description

Indiana Members Credit Union in Indianapolis is seeking a payments operations Manager to oversee daily processing, settlement and exception management of ACH, check processing and related activities. You will ensure timely settlement, maintain regulatory compliance, and lead a team of items processing specialists.

The role requires a Bachelor's degree and 5+ years in financial operations, with 2-3 years in supervision; payments certification preferred.