Sr Specialist, ACH Risk

Valley National Bank; Clifton (NJ); On-site; USD 70,000 - 100,000; Full time

Job summary

Valley National Bank in Clifton, NJ seeks an ACH risk professional to review transactions, assess risk, and ensure NACHA rule compliance. The role supports risk mitigation and investigations across the network.

The ideal candidate conducts risk assessments, investigates disputes, and provides training to staff and clients while coordinating with internal and external stakeholders. Stay current on ACH best practices.

Qualifications

• Experience with ACH risk management, fraud detection, and investigations.
• Knowledge of NACHA rules and bank compliance requirements.
• Ability to perform risk assessments and audits to ensure policy adherence.

Responsibilities

• Review ACH transactions and reports to detect fraudulent or erroneous activity.
• Conduct ACH risk assessments and audits for regulatory compliance.
• Provide ACH risk advisory and training to staff and clients.

Skills

ACH risk management

Fraud detection

Regulatory compliance

Investigations

Education

Bachelor's degree in Finance/Accounting

Tools

NACHA rules

Job description

Responsibilities include but are not limited to:

• Review ACH transactions and reports to detect and prevent fraudulent, suspicious, or erroneous activity.
• Conduct ACH risk assessments and audits to evaluate the bank's compliance with the ACH rules and regulations, as well as internal policies and procedures.
• Apply ACH risk management and mitigation strategies, policies, and procedures to minimize the bank's exposure to ACH losses and conduct ACH investigations and recovery.
• Provide ACH risk advisory and training to the bank's staff and clients and maintain effective communication with internal and external stakeholders.
• Investigate and resolve ACH disputes, claims, and exceptions, and coordinate with the ACH network, other financial institutions, and law enforcement agencies as needed.
• Keep abreast of the latest trends, developments, and best practices in the ACH industry, and participate in relevant forums and committees.