Electronic Banking Administrator

Amalgamated Bank of NY•New York, NY

7d•$22 - $26•Hybrid

About The Position

Amalgamated Bank is seeking an Electronic Banking Administrator to be responsible for the day-to-day operations involving the monitoring of risk associated with card transactions, research and processing of disputes, settlement and reconcilement of all cardholder activity. This role will keep abreast of product upgrades, identify risk and exposure, develop control procedures, and serve as liaison between the EB department, vendors, and other pertinent Bank departments.

Requirements

High School diploma or equivalent.
General knowledge of accounting
Minimum 2 years related banking reconcilement experience.
Good mathematics and investigative skills.
Knowledge of compliance laws.
Knowledge of branch operations.
Through knowledge on MS Word, Excel and Access.
Good written and verbal communications skills
Good customer service skills
Thorough knowledge of Bank wide operations.

Nice To Haves

AmeriCorps, Peace Corps and other national service alumni are encouraged to apply.

Responsibilities

Monitor the card risk management systems and various reports designed to identify high risk transactions. Review and investigate all transactions deemed high risk.
Contact customers via phone / mail/email and validate questionable transactions, take appropriate action based on Bank procedures. Maintain records of all communication, both external and internal, update alert status on the Risk Management systems.
Report performance and systemic issues to department management and appropriate vendors. Track issue resolution.
Analyze the rules/alerts established in the risk management system and make recommendations to EBD Officer for change/addition for more efficient and effective processing and monitoring.
Research, process and track all card related claims, adjustments, inquiries and notifications. Follow Bank procedures for provisionally crediting and debiting affected accounts. After completing the investigation, determine appropriate resolution and notify customer.
Enforce compliance with regulation E and monitor network timeframes for deadline adherence by other institutions.
Reconcile and adjust all activity to, P.O.S. rejects, income, and chargeback DDA accounts. Reconcile general ledger, process and adjust ATM unposted items from suspense debits account.
Perform settlement and reconcilement between the various networks, vendors and the bank.
Perform daily prepaid card settlement
Download and review various monthly reports
Control and maintain all activity records, enforce departmental controls, auditing and security policies.
Monitor and answer internet banking dedicated email and telephone lines to handle customer inquiries and support issues during prescribed business hours.
Work with relevant daily reports to ensure operational and risk compliance with Bank policy/procedures and controls.
Communicate with customers and branch personnel via email, interoffice mail, and telephone to resolve problems. Follow up on outstanding issues or documents to ensure timely completion and resolution of all processes.
Maintain all logs.
Cross-train in all existing and future EBD functions.
Act as backup all EBD functions as needed.
Performs various related clerical duties as directed by manager.