Electronic Payments Manager

Stanford Federal Credit Union

$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in financial services with 1 year in a managerial role preferred.
  • Bachelor's degree from an accredited institution or equivalent experience; AAP/NCP certification is advantageous.
  • Strong understanding of OFAC and BSA regulations.
  • Excellent customer service and interpersonal abilities.
  • Proficient in Microsoft Excel and Word.

Responsibilities

  • Lead daily electronic payment operations including various transaction types.
  • Manage compliance controls and operational risks in accordance with regulations and internal policies.
  • Enhance customer experience by addressing feedback and improving service delivery.
  • Provide coaching and leadership to team members, establishing performance expectations.
  • Support departmental initiatives like system upgrades and process improvements.
  • Cross-train for operational support and serve as a backup during absences.

Benefits

  • 100% paid employee medical, dental, vision, life/AD&D and short-term disability insurance; 50% for dependents.
  • Quarterly incentives up to 10% of salary based on position.
  • 401(k) matching up to 5% with additional discretionary contributions.
  • Education reimbursement up to $5,200 per year.
  • Employee recognition program with cash incentives.
  • Commuter Toll Benefit ($100-$200/month).
  • Wellness Benefits up to $1,200 per year.
  • Paid Sick Time accumulates at two weeks per year.
  • Paid Vacation Time accumulates at three weeks per year.
  • Paid Federal banking holidays (approximately 11 per year).
  • Ongoing training and education opportunities.
  • Loan rate discounts on some products.
  • Waived fees and deposit bonuses on Stanford FCU accounts.
  • Flex health/transit plan availability.
  • Employee Assistance Program offering free counseling and resources.
Full Job Description
Who YOU are:

  • Five years related experience in financial services, and one year managing other employees preferred.
  • A four-year degree (BS, BA, BSC, etc.) from an accredited College or University preferred; or equivalent combination of education and experience. AAP/NCP is a plus.
  • In-depth knowledge of OFAC and BSA (Office of Foreign Assets Control)
  • Strong customer service and interpersonal skills.
  • Proficient in Microsoft Excel and Word.


What YOU'LL do:

  • Lead and oversee daily electronic payment operations, including domestic and international wire transfers, ACH processing, check processing, mobile deposits, and other payment-related transactions. Ensure all activities are completed accurately, efficiently, and within established service levels and regulatory timeframes.
  • Manage operational risk and compliance controls by ensuring adherence to applicable regulations, internal policies, NACHA rules, wire transfer requirements, and fraud prevention procedures. Monitor exceptions, investigate discrepancies, and implement corrective actions as needed.
  • Drive an exceptional member experience by monitoring member feedback, addressing escalated issues, and identifying opportunities to improve service delivery, operational efficiency, and overall satisfaction.
  • Provide leadership, coaching, and development to team members by setting performance expectations, conducting regular performance reviews, delivering feedback, and fostering a culture of accountability, collaboration, and continuous improvement.
  • Support strategic departmental and organizational initiatives, including system implementations, process improvements, product enhancements, and other projects that strengthen the payment services function.
  • Cross-train on all department functions and serve as a hands-on resource and backup for critical operational tasks, ensuring seamless support during staffing absences, peak processing periods, and emergency situations.


Some of our benefits for YOU:
  • 100% paid employee medical, dental, vision, life/AD&D and short-term disability insurance for the employee; 50% paid for dependents
  • Quarterly incentives up to 10% of your salary (based on position)
  • Employer 401(k) matching up to 5% plus additional annual discretionary contributions
  • Education reimbursement up to $5,200/year
  • Employee recognition program with cash incentives
  • Commuter Toll Benefit $100-$200/month (based on position)
  • Wellness Benefits up to $1,200 per year
  • Paid Sick Time accrues at two weeks per year
  • Paid Vacation Time accrues at three weeks per year
  • Paid Federal banking holidays (approximately 11 per year)
  • Ongoing training and education, seminars, and conferences
  • Loan rate discounts on some products (vehicle, mortgage and HELOC loans)
  • Waived fees and deposit bonuses on Stanford FCU accounts
  • Flex health/transit plan availability
  • Employee Assistance Program with free benefits like counseling, help finding legal assistance and day care resources


If you are ready for this awesome opportunity (or know somebody who is) please contact us today!

Stanford Federal Credit Union provides competitive pay ranges based on factors such as (but not limited to) the scope and responsibilities, qualifications needed for the position and external market pay for comparable positions.

Please Note: SFCU does not provide work visa sponsorship or accept visa transfers for any positions.

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