ACH Processing Specialist

ACH Processing Specialist Valley National Bank - 3.2 Clifton, NJ Job Details $17.74 - $29.57 an hour 13 hours ago Qualifications Document review (document control) Microsoft Outlook Financial transaction processing Writing skills Regulatory compliance Mid-level Customer inquiry handling High school diploma or GED Team management Task prioritization Business continuity planning ACH Financial regulatory compliance 2 years Communication skills Balancing end-of-day transactions Regulatory compliance management Full Job Description Responsibilities include but are not limited to: Specialize in ACH Processing ensuring proper file delivery and timely processing with Third Party Senders, as well as all Originators, who are affected by NACHA time restraints, yearly audits and documentation reviews. Ensure compliance with all regulatory requirements related to

ACH/NACHA

as well as Federal. Cross train on all ACH Processing functions to ensure coverages of Team. Oversee the distribution of the daily incoming work to the operations specialists. Assist specialist's personnel as it pertains to the functions of any ACH/Lockbox related inquire ensuring a timely, clear and concise response. Includes monitoring of group mailboxes assigned. Perform the daily post and balance of ACH transaction warehouse completing reconciliations of all files received/sent. Recognize and identify processing problems and notifies management when problems occur. Participate with the coordination of system upgrade testing, expansion of services, data conversions and business continuity testing. Work on special projects, including bank conversions, as specified by department management.

Requirements:

Required Skills:

Good verbal and written communication skills. Ability to read and comprehend complex instructions, short correspondence, and memos. Knowledge of policies, procedures and updated regulatory requirements. Self-motivated with the ability to work independently as well as in a team environment. Ability to receive and understand direction, ask questions, when appropriate and manage time to work effectively and independently. Ability to maintain confidentiality, positive, trustworthy and dependable. Ability to prioritize, organize, follow up on assignments. Ability to handle multiple tasks simultaneously and meet deadlines, while maintaining focus in an environment with conflicting demands and priorities. Intermediate PC skills including Outlook, Word, Excel and Office 365. Knowledge of Miser system and bank platform responsibilities.

Required Experience:

High School Diploma or GED and 2 years of ACH experience. Knowledge of NACHA Rules, MISER or teller/platform experience. AAP Certification preferred.

Additional Details :

The ACH Processing Specialist is responsible for completing the daily operating functions of the ACH/Lockbox Processing Team in accordance with NACHA regulations and guidance adhering to mandatory timelines. ACH Processing Specialist will ensure all daily ACH Processing tasks are completed. Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.