USAmeriBancorp

ACH Operations Lead

USAmeriBancorp • $75K — $95K *
Clifton, NJ 07011In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5+ years in banking or financial operations
  • Strong understanding of NACHA rules and regulations
  • Proficient in Microsoft Office, especially Word and Excel
  • Experience with ACH software like Fiserv and Jack Henry
  • Excellent analytical and decision-making skills
  • Strong communication and leadership abilities
  • Attention to detail and quality assurance

Responsibilities

  • Manage daily ACH operations, including task scheduling and monitoring
  • Ensure compliance with NACHA rules and internal procedures
  • Provide training and performance evaluations for ACH Specialists
  • Resolve complex ACH issues and provide guidance
  • Analyze ACH data to identify trends and improvement opportunities
  • Participate in ACH projects for process enhancements
  • Stay updated on ACH industry developments

Benefits

  • Opportunities for professional development and training
  • Dynamic work environment that encourages improvement
  • Involvement in exciting ACH projects and initiatives
  • Collaborative team culture
  • Support for certification and further education
Full Job Description
Responsibilities include but are not limited to:
  • Manages the day-to-day processes in the ACH Operations team, including scheduling, assigning, and monitoring tasks, and ensuring timely and accurate completion of ACH transactions.
  • Ensure compliance with NACHA rules and regulations, as well as internal policies and procedures, for all ACH activities, such as origination, receipt, returns, reversals, adjustments, disputes, and exceptions.
  • Provide training, coaching, and performance evaluation to the ACH Specialists, and identify opportunities for improvement and development.
  • Handles complex or escalated ACH issues and provides resolution and guidance to the ACH Specialists and other stakeholders.
  • Analyze and report on ACH data and metrics, and identify trends, risks, and opportunities for improvement.
  • Participate in ACH projects and initiatives, such as system enhancements, process improvements, and contingency planning.
  • Stay updated on the latest ACH industry developments and ensure the ACH department is prepared for any changes or updates.


Required Skills:
  • Understands and keeps abreast of regulatory changes governing ACH transactions, ensuring compliance to policies and regulations and rules to minimize risk exposure.
  • Strong knowledge of NACHA rules and regulations, as well as federal and state laws and regulations related to ACH transactions.
  • Proficient in Microsoft Office applications, especially Word and Excel.
  • Experience with ACH software and systems, such as Fiserv, Jack Henry.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication, interpersonal, leadership and customer service skills.
  • Ability to work independently and as part of a team, and to manage multiple tasks and deadlines.
  • Attention to detail, accuracy, and quality.

Required Experience:
  • High School Diploma or GED equivalent. Minimum of 5 years of experience in banking or financial operations.

Preferred Experience:
  • Bachelor's degree in accounting, finance, or related field, or equivalent work experience with a minimum of 3 years of experience in ACH reconciliation or related field, preferably in a supervisory role.
  • AAP Certification (Accredited ACH Professional).

About USAmeriBancorp

Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $42 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, and Queens, as well as Long Island, Florida, and Alabama. Valley Bank holds approximately $29 billion in assets. ,Valley Bank is one of the largest commercial banks headquartered in New Jersey.
Learn more about USAmeriBancorp
Industry
Legal & Accounting
* Ladders Estimates

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