Associate, Payments Specialist jobs in United States
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CFSB · 2 days ago

Associate, Payments Specialist

positionNew York, NY, US
timeFull-time
remoteOnsite
seniorityMid Level
money$75K/yr - $85K/yr
date3+ years exp

Community Federal Savings Bank (CFSB) is a federally chartered bank focused on fintech and payments. They are seeking a Payments Specialist who will ensure compliance with ACH/TCH processing regulations and provide expertise on payments-related inquiries, while collaborating with various teams to resolve payment issues.

BankingCommunitiesFinancial ServicesLending

Responsibilities

Provide subject matter expertise to support payments related inquiries for our partners, such as ACH, RTP payment rails, and wires, etc
Work closely with our customers to ensure all payments issues are solved in a timely fashion
Collaborate with business units, operations, and compliance teams as well as stakeholders on payments related issues
Specialize in ACH processing, understanding NACHA Rules and working with Third Party Senders, as well as all Originators to ensure the completion of annual audits
Ensure compliance with all regulatory requirements related to ACH/NACHA, TRP/TCH and FedNow
Train and advise staff as well as customers on all ACH/TCH rules and requirements
Participate in the coordination of system upgrade testing, expansion of services, data conversions and business continuity testing
Prepare management reports on statistical information on ACH/TCH transaction volumes, dollar amount and returns
Work with the Compliance Department to ensure compliance with all banking regulatory requirements
Liaison with Bank’s ACH/TCH processors/ service providers and support bank customers
Performs periodic self-audits to ensure compliance with internal, external procedures and regulatory requirements
Ensure that all activities are performed in compliance with industry, federal, state and Bank Secrecy Act regulatory requirements

Qualification

ACH processingNACHA rulesRTP payment railsBank OperationsBanking RegulationsCustomer Service SkillsMicrosoft OfficeOrganizational skillsTime management skillsAdaptability

Required

Minimum of 3 years relevant work experience
Excellent verbal and written communication skills
Knowledge of policies, procedures and updated regulatory requirements
Self-motivated with the ability to work independently as well as in a team environment
Ability to handle multiple tasks simultaneously and meet deadlines, while maintaining focus in an environment with conflicting demands and priorities
Excellent PC skills including Outlook, Word, Excel, and Office 365
Strong understanding of ACH RTP rails
Strong experience in Bank Operations
Strong knowledge of Banking Regulations
Strong knowledge of NACHA and RTP rules

Company

CFSB

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Founded in 2001, CFSB is a full-service payments, lending and banking provider that delivers global financial services through a personal approach.
dateFounded in 2001
location
Woodhaven, New York, USA
people-size51-200 employees
web-link
https://www.cfsb.com/

Funding

Current Stage
Growth Stage

Leadership Team

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Estee Stern
SVP, Chief Information Officer and Chief Technology Officer
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Nick Grove
SVP, Chief Compliance Officer / BSA Officer
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