ACH Analyst I, Treasury

Merrick Bank • South Jordan, UT

3d

About The Position

Join our team - and take the next step in achieving a fulfilling career! What We Do At CardWorks, we aim to help people connect with possibility and opportunity using our financial servicing expertise. Building meaningful, long-term relationships with consumers, our employees, and our clients is what matters most. Who We Are CardWorks, Inc. is a diversified consumer finance service provider and parent company of CardWorks Servicing, LLC, Merrick Bank and Carson Smithfield, LLC. CardWorks Servicing, LLC provides end-to end operational servicing functions for credit cards, secured cards, and installment loans. We service consumer and small business loans across the credit spectrum and offers backup servicing and due diligence services to capital providers and trustees. Merrick Bank is an FDIC-insured Utah Industrial Loan Bank. Merrick operates three main business lines: credit cards, recreational lending, and merchant services. Carson Smithfield, LLC provides a variety of post-charge-off debt recovery services, including digital self-service, IVR, live agent, and external agency management. Position Summary: Receives and processes faxes related to late ACH returns. Process daily f iles and transactions utilizing FedLine Advantage, ACHPlus and OrigiNet sof tware. Verif ies billing logs and payment activity. Answer ACH questions for customers and employees, and ensure compliance with internal policies and procedures and Nacha Rules and Regulations. Provide timely and ef fective backup for all ACH functions as required.

Requirements

• Associate’s Degree in Accounting, Business Administration or Finance is required, two (2) years’ equivalent experience accepted in lieu of education requirement.
• Two (2) years of progressively responsible experience in the f inancial services industry either in payment processing or treasury functions.
• Experience with, and demonstrated skill at, the following computer applications: Microsoft, Excel, and Outlook.
• Ability to identify and solve practical problems with little or no supervision.
• Ability to work accurately with strong attention to detail.
• Responsible, f lexible individual with strong mathematical and analytical skills.
• Communicates ef fectively both orally and in writing; presents ideas in a clear, concise, understandable and organized manner.

Responsibilities

• Responsible for receiving and processing faxes. Provides authorizations and late return approvals to requesting banks in a timely manner.
• Responsible for verifying logs to ensure accurate payment postings and billing.
• Responsible for originating, receiving, processing and reconciling ACH transaction activity. Ensure accurate and timely posting to customer accounts and DDA system. Validate and balance ACH posting to the Federal Reserve account.
• Recommends changes to departmental policies and procedures. Assists with updating procedures as needed.
• Other duties as assigned.
• Responsible f or complying with all of the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Benefits

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Benefits Package -Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree