Wire and ACH Specialist

Security Federal Bank•Aiken, SC

About The Position

The Wire & ACH Specialist is responsible for the accurate, timely, and compliant processing of the bank's electronic payment services, including domestic and international wire transfers, ACH origination and settlement activities, and automated transfer transactions. This position supports daily payment operations by processing transactions, monitoring exceptions and returns, balancing general ledger accounts, and ensuring adherence to regulatory requirements and bank policies. The role serves as a key resource for branches and departments by providing operational support, resolving payment-related issues, and assisting with payment systems administration. The Wire & ACH Specialist also maintains procedural documentation, supports audit and compliance efforts, and serves as a cross-trained team member within the Payment Solutions area.

Requirements

Accurate, timely, and compliant processing of electronic payment services.
Processing domestic and international wire transfers.
Managing ACH origination files, returns, corrections, and exception items.
Balancing general ledger accounts and ensuring adherence to regulatory requirements and bank policies.
Operational support for branches and departments.
Resolving payment-related issues.
Assisting with payment systems administration.
Maintaining procedural documentation.
Supporting audit and compliance efforts.
Cross-trained team member within the Payment Solutions area.
NACHA rules compliance.
BSA/AML requirements compliance.
Internal policies compliance.

Responsibilities

Process incoming and outgoing domestic and international wire transfers.
Manage ACH origination files, returns, corrections, and exception items.
Balance ACH-related general ledger accounts and reconcile daily activity.
Set up and verify ACH Automatic Transfers (AFTs).
Monitor ACH reports, return ratios, notifications of change, and reclamations.
Maintain accurate records through scanning, indexing, and document retention procedures.
Ensure compliance with NACHA rules, BSA/AML requirements, and internal policies.
Provide operational support and guidance to branch and department personnel.
Maintain and update departmental procedures and participate in cross-training initiatives.
Support departmental backup functions and special projects as assigned