Payment Processing Specialist

OneMain Financial

120d

About The Position

The Payment Processing Specialist is responsible for accurately and efficiently processing incoming payments, including checks, wires and ACH. This role ensures compliance with internal controls, and banking regulations, while minimizing risk and ensuring timely settlement of transactions.

Requirements

• Working knowledge of payment systems (ACH, wire transfer platforms, lockbox systems)
• High school diploma or equivalent required; associate degree a plus
• Strong attention to detail and accuracy under deadline pressure
• Proficient in Microsoft Excel and financial transaction platforms
• Good communication and problem-solving skills
• Basic math and data entry skills

Responsibilities

• Process and verify daily check deposits, stop payments, and check returns
• Handle payment files, batch processing, and transaction reconciliation
• Monitor and process ACH debits/credits and wire transfers in accordance with cut-off times
• Research and resolving payment discrepancies, rejects, and exceptions
• Collaborate with internal departments (Accounting, Dealer Receivables) to resolve issues
• Assist with system upgrades, process improvements, and automation initiatives
• Payment reversals and reapplications
• Accounts Payable Checks
• Lockbox Access
• Assistance with Mail Processing

Benefits

• Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
• Up to 4% matching 401(k)
• Employee Stock Purchase Plan (10% share discount)
• Tuition reimbursement
• Paid time off (15 days vacation per year, plus 2 personal days, prorated based on start date)
• Paid sick leave as determined by state or local ordinance, prorated based on start date
• Paid holidays (7 days per year, based on start date)
• Paid volunteer time (3 days per year, prorated based on start date)

What This Job Offers

• Job Type: Full-time
• Education Level: High school or GED
• Number of Employees: 5,001-10,000 employees