ACH Representative II Job Laurel area,Maryland USA,Finance & Banking

ACH Representative

Note:

All full-time positions include exceptionally low medical premiums in addition to a whole host of other benefits.

Tower is offering a $1000 Signing/Retaining bonus as of 1/20/2025.

Hours for position:
Monday - Friday 7:30am-7:00pm. The ACH Department operates on a rotating shift schedule to support critical processing functions.

Hiring range - $25.76/hr - $32.20/hr

Summary of position:

Depending on the Level I or II, the ACH Representative is directly responsible to perform ACH processes and associated exceptions independently in a timely and accurate manner to meet established daily deadlines within six months of employment. This is a direct member support role that requires effective, knowledgeable and professional service to our members and frontline staff typically over the phone and/or via email.

Duties include tasks related to ACH processing of input files, research required to resolve inquiries or unusual events, knowing when to effectively and appropriately utilize other internal resources to aid in resolution without direct supervision or oversight as well as performing direct member and frontline phone support in an effective manner. This is a daily production position working under strict deadlines for a smooth workflow abiding by associated regulations and NACHA Rules.

This position is a component of back office operations supporting Tower's competitive products and services for our members utilizing the ACH network. Based on competency Level, the incumbent will work independently without direct supervision as well as lead others regarding ACH daily tasks and special projects and ad hoc initiatives, and will be cross trained as the primary back up to the ACH Generalist once achieving expert proficiency within Level II.

Principal functions and accountabilities to be supplemented by specific competency summary for Levels I and II:

Independent processing of daily ACH transactions timely with a high level of accuracy is required. This position is accountable for effectively and efficiently carrying out the position's associated duties including but not limited to those listed in this document. Incumbent is expected to arrive at work, meetings and appointments on time.

Interacts directly with members, frontline staff, internal partners and internal customers to complete related daily tasks with little or no supervision relying on veteran knowledge and understanding of the ACH environment. Incumbent is expected to consistently show high levels of proficiency in communicating these products and services and the surrounding technology both verbally and in writing to others when responding to inquiries from both members and Tower staff.

Incumbent will display original thinking by generating ideas to improve efficiencies in their workflow and promote quality.

Effectively and efficiently utilizes technology tools provided to complete tasks assigned and duties including but not limited to those listed in this document with little or no supervision.

Will be cross trained on area tasks to provide depth of coverage to secure production via a rotation of duties based on business needs. Incumbent will seek increased responsibilities, training and development opportunities and share own expertise with others. Performs closure of checking accounts with a negative balance as needed. Reviews accounts selected to determine those that meet Tower's criteria for closure and shares findings with the Collections department according to standard procedure guidelines.

Independently process ACH daily exceptions timely and accurately within established menu of options in accordance with regulatory and audit requirements, state and local guidelines as well as adhering to Tower's practices and policies. Directly responsible for independently reviewing/analyzing Exceptions to make effective pay or return decisions consistently in a timely and accurate manner.

Keeps abreast of ever changing regulatory and legal requirements surrounding ACH transactions in order to ensure compliance and appropriate due diligence in support of overall departmental success.

Responsible for performing the verification of account maintenance when reviewing work and completing all necessary follow up to ensure the maintenance has been completed accurately. Should demonstrate the ability to effectively perform any type of account error resolution independently utilizing established procedures and guidelines. Must have the proven ability to perform essential functions and tasks timely with a high level of quality of the department with a little or no supervision or oversight.

Responsible for accurately maintaining general statistics regarding the type and volume of work completed daily and for fully and accurately documenting telephone inquiries and statistics for trend analysis.

Level II Accountabilities – May also include a number of the types of responsibilities outlined below:

Expected to interact directly and independently with members,…