Remittance Processing Specialist I- (6:00am to 2:00pm, Mon-Fri)

Bank Of Albuquerque • Albuquerque, NM

103d

About The Position

The Remittance Processing Specialist I is primarily responsible for the daily processing and packaging of remittance accounts. This role functions by receiving, sorting, and opening mail sent to a remittance center. This role may involve tasks up to and including the processing of deposits according to the customer specifications; balancing payment transactions and performing data entry for data analysis and billing purposes.

Requirements

• High school diploma (or equivalent).
• Minimum of 1 year of experience in accounts receivables or remittance processing operations (or similar role).
• Attention to Detail - ability to identify discrepancies and ensure all remittance documents are correct.
• Strong verbal and written communication skills.
• Effective organizational skills to include prioritization, time management, and succeeding in a fast-paced environment.
• Problem solving - ability to troubleshoot and resolve issues in role.
• Basic knowledge of accounting principles, banking regulations and compliance.
• Confidentiality and Data Security - ability to handle confidential information and maintain data security protocols.
• Technical proficiency in Microsoft Office applications, common financial software systems, and other related software.
• Basic knowledge of mail from BSA, AML, HIPAA, and PCI Compliance.
• Basic knowledge of remittance operations and equipment i.e. MPE extractor, Opex 50, OPEX 2200/3690/7200 and a variety of document scanners.

Responsibilities

• Ensure mail-in deposits are received and staged for pre-processing as per schedule.
• Receive, sort, and open payment envelopes by hand or automated equipment.
• Use imaging equipment to scan payment coupons and checks ensuring that the quality of the image meets customer expectations and Check 21 requirements.
• Review data collected during the imaging process and manually input/correct any information that didn't translate accurately, ensuring remittance coupons and check amounts balance at transaction and deposit levels.
• Produce reports detailing payment information according to customer specifications.
• Compile and send completed work product to customers following specific courier hand-off instructions.
• Follow controls designed to ensure customers receive expected information.

What This Job Offers

• Career Level: Entry Level
• Education Level: High school or GED