WECU · 1 day ago
Payments Specialist
Bellingham, WA, US
Full-time
Onsite
New Grad, Entry Level
$22.56/hr - $31.87/hr
0+ years expWECU is a not-for-profit financial cooperative seeking a Payments Specialist to handle a variety of payment tasks including electronic transactions and member support for payment technologies. The role involves compliance with regulations and participation in innovative payment solutions.
Consumer LendingCreditCredit CardsFinancial Services
Responsibilities
Monitor, review, audit and help facilitate electronic transactions for members through multiple channel admin sites including, but not limited to: funds transfers, account to account payments, mobile deposit capture, check 21 processing and wires
Perform daily receiving ACH processing. Verify that ACH credit entries have been posted to the member accounts, all exceptions have been addressed, the daily worksheet is in balance, and returns have been completed in compliance with ACH rules and regulations
Perform daily ACH origination loading, auditing, return processing and follow up for the ACH origination program for CUDL and other closed end loans
Perform member/sponsor payroll processing, including exceptions and returns. Process and handle all posted and rejected items in a timely and accurate manner in accordance with applicable service rules and regulations
Perform reconciliation for multiple processes including but not limited to: tMagic, MDC and Wires. Process SWBC files, Architect Message Monitoring, Foreign Checks, Stop Payment and Unauthorized forms and Reg E disputes, and produce monthly reports for Business Experience Team
Participates in research and onboarding new, innovative ideas within the Payments space to keep the credit union on the cutting edge
Follows policy and procedures related to Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and Customer Due Diligence (CDD) daily to ensure compliance with current regulations. Follows policy and procedures related to OFAC by consistently running non-member parties involved in wires through the Bridger system. Follows policy and procedures related to SARs by monitoring and reporting suspicious activity to the Compliance department. Completes mandatory BSA/AML annual training via online web course
Performs other duties as assigned by Management
Ability to work accurately with figures and perform detailed work
Knowledge of federal, state, and other legal compliance in the operational area of the credit union
Qualification
Required
High school diploma or GED
Ability to operate routine office equipment including printers
Typing at 35 wpm minimum
Proficient 10-key skills
Ability to operate computer hardware and detect and resolve operational problems
Ability to comprehend and follow oral and written instructions
Ability to represent the Credit Union in a positive, professional manner in person, on the phone, and in written correspondence
Ability to think creatively and troubleshoot complex issues, including resolving offages
Must have ability to interpret and explain credit union policies and transactions posted to members' accounts
Must adhere to credit union policies and procedures
Ability to prioritize and complete multiple jobs simultaneously
Ability to work accurately with figures and perform detailed work
Preferred
Successful completion of college-level accounting course(s) or equivalent experience
A minimum of six months' experience as a teller with a credit union or other financial institution
A minimum of six months' computer experience
Prior experience working with payroll and direct deposit
Benefits
Robust medical, dental, and vision benefits with low employee premiums
401(k) retirement plan with an 8% annual contribution from WECU
Bonus plan
Two or more weeks of vacation
Up to 11 paid holidays
Paid life and disability insurance
Annual wellness benefit
Loan discounts
Professional development
Company
WECU
WECU provides checking, saving accounts, credit cards, loans, real estate lending, cash management, customer lending and merchant services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jennifer (Brown) Kutcher
President/CEO
Recent News
2025-10-09
Bank Automation News
2024-12-16
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