Payment and Transactions Specialist I or II

Our Community Credit Union - Shelton, WA

Full-time - Entry Level

Shelton, WA

Credit Intermediation and Related Activities

About the position

Accountable for handling assigned tasks and duties within the payments and transactions side of the accounting department. Responsible for processing electronic payments and deposit transactions that support a variety of service channels. Ensures all job responsibilities are being efficiently and accurately performed; exemplary internal customer service is being provided and immediately notifies management of issues affecting operations.

Responsibilities

• Assists with ACH and share draft exception processing and Check21 return items throughout the day.
• Review and maintain core system's File Maintenance data to ensure member ACH transactions process efficiently.
• Assists with the processing of death notifications, reclamations, EFT/Regulation E disputes.
• Reconciliation of the Credit Union's cash accounts at other depository institutions to the general ledger.
• Timely processing of incoming and outgoing wire transfers, drawdown wire transfers, and international/foreign currency wire transfers.
• Review wire forms and general ledger for accuracy and completeness.
• Assist with processing new/change/cancel ACH Origination and Same Day ACH Origination requests in core system.
• Review ACH origination forms for accuracy and completeness.
• Process and load into core system all ACH distribution requests taken by member-facing staff.
• Assist with reviewing ACH Stop payments for accuracy loaded into core system by member-facing staff.
• Advise staff on proper procedures for ACH Stop payments.
• Assist with processing unauthorized and/or revoked ACH member transactions.
• Assist with processing stop payments on Credit Union Cashier's Checks.
• Monthly, process all stale Credit Union Cashier's Checks.
• Communicate to supervisors outstanding listing of stale Credit Union Checks.
• Annually, assist with the escheatment process of stale Credit Union Cashier's Checks to the State.
• Provides informed, professional assistance to others in the Credit Union regarding ACH, Wire, Share Drafts, FedNow transfers.
• Cross-training and serve as a back-up to other positions within the department.
• Daily Shared Branching and ATM/debit card batch balancing.
• Processing Accounts Payable.
• Reviewing and reconciling general ledger clearing accounts.
• Posting the Credit Union's checks and electronic deposits to the appropriate general ledgers.
• Performs other duties as assigned.

Requirements

• 0 to 2 years of clerical, bank, and/or client service experience with retail banking or operations exposure required.
• 2+ years of experience in a similar or related role preferred.
• High School degree or equivalent.
• ACH Network Certificate is required; if not currently held, must be obtained within 24 months of hire.
• For Level II, AAP, NCP or AFPP accreditation preferred or must be working towards earning credential.

Nice-to-haves

• Two years to five years of similar or related experience preferred, preferably in financial institutions or related experience.
• Proficiency with Excel spreadsheets.
• Experience working with core banking systems.

Benefits

• Equal Opportunity Employer
• ADA accommodations available
• Criminal background check and credit check required