ACH Processing Specialist at Valley Bank

Clifton, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Jul, 26

Salary

0.0

Posted On

30 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

ACH Processing, NACHA Rules, Regulatory Compliance, Reconciliation, Data Conversion, System Testing, Communication Skills, Time Management, Microsoft Outlook, Microsoft Word, Microsoft Excel, Office 365, Miser System, Bank Platform, Documentation Review, Problem Solving

Industry

Banking

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. Qualifications 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.

Responsibilities

The ACH Processing Specialist is responsible for ensuring accurate and timely ACH file delivery while maintaining compliance with NACHA and federal regulations. They also oversee daily transaction reconciliation, support system upgrades, and assist team members with ACH and lockbox inquiries.