ACH Processing Specialist

Valley Bank • Clifton, NJ

6h

About The Position

This role specializes in ACH Processing, ensuring proper file delivery and timely processing with Third Party Senders, Originators, and compliance with NACHA time restraints. Responsibilities include yearly audits, documentation reviews, and ensuring compliance with all federal and regulatory requirements related to ACH/NACHA. The specialist will cross-train on all ACH Processing functions to ensure team coverage, oversee the distribution of daily incoming work, and assist operations specialists with ACH/Lockbox inquiries. This includes monitoring group mailboxes, performing daily post and balance of ACH transaction warehouse, and completing reconciliations of all files received/sent. The role involves recognizing and identifying processing problems, notifying management, and participating in system upgrade testing, service expansion, data conversions, and business continuity testing. Special projects, including bank conversions, will also be undertaken as specified by department management.

Requirements

• Good verbal and written communication skills.
• Ability to read and comprehend complex instructions, short correspondence, and memos.
• Knowledge of policies, procedures and updated regulatory requirements.
• Self-motivated with the ability to work independently as well as in a team environment.
• Ability to receive and understand direction, ask questions, when appropriate and manage time to work effectively and independently.
• Ability to maintain confidentiality, positive, trustworthy and dependable.
• Ability to prioritize, organize, follow up on assignments.
• Ability to handle multiple tasks simultaneously and meet deadlines, while maintaining focus in an environment with conflicting demands and priorities.
• Intermediate PC skills including Outlook, Word, Excel and Office 365.
• Knowledge of Miser system and bank platform responsibilities.
• High School Diploma or GED and 2 years of ACH experience.
• Knowledge of NACHA Rules, MISER or teller/platform experience.

Nice To Haves

• AAP Certification preferred.

Responsibilities

• Specialize in ACH Processing ensuring proper file delivery and timely processing with Third Party Senders, as well as all Originators, who are affected by NACHA time restraints, yearly audits and documentation reviews.
• Ensure compliance with all regulatory requirements related to ACH/NACHA as well as Federal.
• Cross train on all ACH Processing functions to ensure coverages of Team.
• Oversee the distribution of the daily incoming work to the operations specialists. Assist specialist's personnel as it pertains to the functions of any ACH/Lockbox related inquire ensuring a timely, clear and concise response. Includes monitoring of group mailboxes assigned.
• Perform the daily post and balance of ACH transaction warehouse completing reconciliations of all files received/sent.
• Recognize and identify processing problems and notifies management when problems occur.
• Participate with the coordination of system upgrade testing, expansion of services, data conversions and business continuity testing.
• Work on special projects, including bank conversions, as specified by department management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED