TowneBank · 19 hours ago
Summer Intern - Payment Services
Suffolk, VA
Internship
Onsite
InternTowneBank is a relationship and friendship driven local bank focused on basic human values that will serve to create a warm sense of belonging and financial well-being among our family of members. The Payment Services Summer Intern will partner closely with branch and department staff to offer exquisite service with the swift handling of payments processing functions.
Banking
Responsibilities
Will clear false positive OFAC suspect wire transactions and work with branches and members to obtain supporting information when required
Provide member and branch support related to wire transfer and ACH processing
Handle ACH Proof of Authorizations with logging, tracking, and providing by timeframes documented in NACHA rulebook
Will research and return appropriate government ACH deposits for ACH Reclamations and Death Alert notifications according to the ACH rules and US Treasury Green Book
Will assist with ACH receiving and notification of change processing
Provide exquisite member and branch support related to wire transfer and ACH processing by phone and email
Input outgoing wires promptly, accurately, and according to guidelines maintained in the bank’s Wire Transfer Policy and related procedures
Perform callbacks to members to verify outgoing wire information
Will gather & combine all daily files for long term storage retention
Perform other duties and special projects
Will follow the bank’s security guidelines daily
Understanding of Regulatory requirements related to ACH and Wire Transfers (including OFAC)
Obeying all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)
Qualification
Required
Must be at least 18 years of age or older
Must have completed at least one year of college and currently enrolled in college
Must be available to work Monday through Friday, May 19th, through early-mid August
Has the ability to work under pressure, meet deadlines and willing to help others
Has excellent organizational skills and attention to detail
Is punctual and dependable
Works well in a team environment
Has excellent communication and customer service skills and is comfortable in interactions on the telephone with members and family members
Can handle a variety of tasks daily and can learn new processes effectively
Is proficient with computer skills including MS Windows, Word, Excel and Internet
Understanding of Regulatory requirements related to ACH and Wire Transfers (including OFAC)
Obeying all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)
Company
TowneBank
TowneBank is a bank that offers various financial services to individuals and businesses.
Founded in 1999
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2000-01-14IPO
Leadership Team
William I. Foster III
President & Chief Executive Officer
Lee Clark
Chief Operating Officer
Recent News
2026-01-13
2026-01-13
The Virginian-Pilot
2025-12-27
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