Payments Processing Coordinator

Mission

In the Senate Community tradition of service, we strive to improve the financial wellness of our members throughout all stages of life by integrating sustainability and security into every financial solution.

Culture Competencies: S.T.R.I.V.E

• Maintains our members' and employees' trust by safeguarding their financial data and information.
• Values and respects everyone's abilities, opinions and feedback to achieve trust, safety, and well-being in a friendly, welcoming and cooperative environment. Actively devoted to our motto of "better together".
• Is honest, professional, authentic, and genuine in creating relationships that are uncompromising and true to ethical principles.
• Generates new ideas, supports change, provides new efficient solutions and solves problems creatively while balancing risk.

General Summary:

Under general supervision, but in accordance with established policies and procedures, performs a variety of routine, semi-complex and complex Support Services duties. Performs research duties, receives, processes and reconciles daily and monthly ACH files, posts totals to the general ledger, reviews internal reports, and reconciles accounts.

Essential Duties & Responsibilities:

1. Responsible for setting up Draft and ACH stop payments, EFT records for payroll allotments and single or reoccurring loan payments; ensures that they are working correctly; research member problems and disputes.

2. Responsible for processing Incoming Returns to determine whether the checks are to be returned (charged back), redeposited, or otherwise dismissed; prepare notification letters and IRD check images to be mailed to members.

3. Assist with Check 21 and RDA balancing and submission to Fed at the end of day.

4. Responsible for the collection of branch cash orders and US Treasury Savings Bond orders and their submission to the Federal Reserve

5. Responsible for releasing domestic and international wires; exports daily wire file to OFAC monitoring system, posts wire transactions to members' accounts, research member problems and disputes.

6. Ensures US government death notifications (DNEs) and reclamations received through the ACH system are completed in a timely manner.

7. Reconciles the ACH or draft report, as assigned, daily; research member problems and disputes; responsible for sending notifications of change to correct ACH entries that appear as exceptions; ensures that all ACH or draft exceptions are posted in a timely manner.

8. Reconciles general ledger accounts as related to the ACH and Draft functions.

9. Stays updated on Electronic Payment regulations and best practices to ensure compliance and efficiency.

10. Serves as back up to the Payments Specialist.

11. Develops improvements in the department functions and implements automation where possible.

12. Complies with all applicable Rules, Regulations and Statutes of the NCUA and other appropriate governing bodies to include but not limited to: NACHCA, Credit Union Bylaws, Bank Secrecy Act, Fair Housing Act, Fair Lending Act, and Fair Credit Reporting.

Non-Essential Duties and Responsibilities

1. Performs other duties as assigned.

Education: High school diploma or equivalent.

Experience: Two (2) year's general experience and three (2) year's specialized experience in ACH processing, banking operation, treasury management, or payment processing preferred.

Skills: Proficiency in math and attention to detail required. Knowledge of basic accounting principles required. Proficiency with computer applications such as Word and Excel required.

Communication: Ability to communicate verbally and in writing with others is essential. Must be able to work in a team environment.

Supervisory: None Required

Time in Service: None Required

Salary: Metropolitan Area (DC, MD, VA) $47,772.01 - $71,658.01

Benefits: Health Insurance including Medical, Dental, Prescription, Vision, 401(k) Retirement Plan, Incentive bonus, 12 Holidays, 15 Vacation days, 9.75 Sick days, Flexible Spending Account, Life Insurance, Free parking or Metro Smart Benefits and Tuition reimbursement.

Equal Opportunity Employer/Veterans/Disabled

An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against on the basis of disability.