Description

Are you ready for an exciting career in the financial services industry? If so, Andrews Federal is the place for you! Andrews Federal is a transformative, international financial institution, proud to serve our military and communities. Our top priority remains to help our members achieve financial wellness.

With a positive workplace culture embedded in every aspect of our DNA, our organization has been certified as a Great Place to Work for 4 years. Andrews Federal offers a highly competitive compensation and benefits package to maintain a happy and healthy workforce.

As our organization continues to thrive, we seek a highly motivated workforce that is not afraid to provide innovative solutions within the financial services industry. Our leaders encourage collaboration and new ideas as we continue to serve our global membership.

Some of the perks of working at Andrews Federal include:

• 12 paid holidays a year including your birthday
• Affordable healthcare plans and Employer Paid FSA accounts
• Career development, training opportunities, career coaching, and tuition reimbursement
• Retirement plans with a competitive matching option
• Childcare stipend to help working families

PURPOSE OF POSITION

The Payment Systems Specialist is responsible for processing and monitoring Electronic Check inclearing files, check exceptions and adjustments; Reconciliation of Fed Forward file presentments i.e. branch and ATM check deposits; along with a variety of other administrative duties and functions, that support overall electronic check processing, as well as, the Payment Systems Services Team.

ESSENTIAL DUTIES

The position’s essential duties include the following:

• Monitor receipt of incoming Draft presentment files; validate file totals.
• Review and edit prior day’s Draft unposted/exception items; rerun edited exceptions file.
• Reconcile Unposted Items (nonsufficient funds, stop payment, uncollected, etc.) file to Fed totals.
• Review Large Dollar Draft presentments; send return notifications and make appropriate account adjustments as necessary.
• Monitor receipt of incoming Return Deposit Items (RDI) file; make adjusting entries; notify designated team members and department heads.
• Run program to process return item adjustments for FICS, HELOC, and VISA check returns.
• Monitor branch teller and ATM check deposit scanning for accuracy, i.e. micr-line errors, keying differences, bundle closures; notify appropriate branch to correct scanning issues.
• Receive and scan Back Office check remittance items.
• Reconcile all branch check deposits (e.g. teller, ATM), prepare file for transmission to Fed.
• Research and process member reported and incoming Fed draft-clearing differences or adjustments.
• Process and complete domestic and foreign check collections.
• Monitor receipt of and processing of miscellaneous Seg-Group employee payrolls.
• Serve as Disaster Recovery Support Team Member as required.
• Provide departmental support for inquiry queues.
• Maintain production-tracking logs pertaining to electronic check processing.
• Participate in special projects, cross-training assignments and other duties as assigned, complete within established deadlines.
• Remain cognizant of electronic check regulatory and industry changes and adhere to Andrews Federal policies and procedures, and regulations pertaining to the Bank Secrecy Acts.

Qualifications

EDUCATION

• High School diploma, GED equivalent, or higher.

LENGTH OF REQUIRED EXPERIENCE

• 2 – 3 years

REQUIRED EXPERIENCE

• Requires two to three years of financial institution experience, preferably in ACH, Check and Back Office Electronic Payment Processing.
• Basic mathematical skills required.

• Candidate must be proficient with Microsoft Office Suite Products and spreadsheet skills.
• High attention to detail, accuracy & high quality a must.
• The position requires excellent organizational, verbal and written communication skills.

 PHYSICAL REQUIREMENTS

Requires the ability to sit at a desk and computer for extended periods of time. Requires the usage of a 10-key calculator and computer keyboard.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.