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The Lowell Five Cent Savings Bank
Tewksbury, MA | Full Time
$47k-62k (estimate)
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The Lowell Five Cent Savings Bank
Andover, MA | Full Time
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9 Months Ago
Check Clearing Specialist
$47k-62k (estimate)
Full Time 5 Days Ago
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The Lowell Five Cent Savings Bank is Hiring a Check Clearing Specialist Near Tewksbury, MA

ABOUT LOWELL FIVE

With nearly $1.7 billion in assets, over 200 employees, and 15 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five is honored to play a vital role in the economic vitality of the region. We provide support of, and our employees are engaged in, a myriad of leadership roles for numerous community boards and organizations. We are proud of the longevity of our employees and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employee’s best life. For more information, please visit www.lowellfive.com.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Balance the daily check clearing files to ensure that all files have been received and processed from the Federal Reserve
  • Process and prepare for return all rejected check entries; balance and complete the returns by creating the return file in the ISCheck System
  • Review checks in the SQN software for signature, encoding errors and altered or fraudulent items; contact Branch or customer to verify item
  • Process any relevant adjustments to customer accounts and to the Federal Reserve through the proper channels; complete any adjustments that are received from foreign banks
  • Review stop payments to make sure they have been processed accurately; continue to monitor for customers’ signature
  • Maintain a tracking system for stop payments and checks to be paid on new accounts
  • Provide check clearing support for internal and external customers; work within the department and with the Federal Reserve to resolve issues and inquiries
  • Provide an excellent customer experience to anyone calling the Account Servicing Department
  • Cross train and assist with other Account Servicing functions as workload allows
  • Cross sell products and services whenever possible

Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.

REQUIREMENTS

  • At least 1-3 years of banking experience preferred; proficient with DNA
  • Strong knowledge of Banks products and services, as well as policies and procedures
  • Detail-oriented with solid organizational skills
  • Ability to multi-task, prioritize and meet deadlines under variable conditions
  • Self-motivated with the ability to make decisions independently
  • Ability to analyze and provide solutions when problems arise
  • Strong verbal and written communication skills

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

Job Summary

JOB TYPE

Full Time

SALARY

$47k-62k (estimate)

POST DATE

05/12/2024

EXPIRATION DATE

07/10/2024

WEBSITE

lowell5.com

HEADQUARTERS

Westford, MA

SIZE

<25

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