Summary:Responsible for performing operational support duties to support commercial cash management Automated Clearing House (ACH) processes. Effectively process wire transfer instructions through the Wire Transfer System. Responsible for accurate initiation, verification and releasing of Fed wire payments to and from the Federal Reserve System and Correspondent Banks to meet the established cutoff times. Qualifications:Education: Associates Degree.Experience: Six months to one year experience in wire processing and/or bank operations. Essential Functions:
- Receives and processes all incoming wires in WireXchange.
- Processes outgoing wire requests for core customers, Payments Partners, and Business Online Banking/Access Manager.
- Inputs outgoing wire transfers on WireXchange for processing.
- Modifies incoming wire information for specific Payments Partner accounts, internal bank accounts, and for treasury wire activity. Posts incoming wires with a specific description.
- Processes multiple drawdown wires daily in WireXchange. Reconciles drawdown wires.
- Reviews Director PIM reports for ACH corrections, ACH Prenotifications, and Death notifications.
- Reviews and approves ACH batches in Business Online Banking/Access Manager. Initiates call backs to ACH originators to validate batches before approval. Monitors emails for ACH batch approvals for specific Payments originators.
- Provides Fed ACH totals to Attica Operations for core routing number for each ACH file(s) received throughout the day. Balances/validates Fed ACH totals for each ACH file received for secondary routing number to files saved.
- Processes ACH PIM returns for each incoming Fed ACH file throughout the day.
- Balances ACH Return files for Payments Partners.
- Tracks correspondent settlement daily for Federal Reserve, United Bankers Bank, and Federal Home Loan Bank. Transfers funds as necessary to settle bank for day.
- Provides customer service assistance to inquiries relating to Fed activities.
- Responsible for ordering currency and coin for all branches.
- Creates monthly wire transfer activity reports for the Board.
- Conducts ACH research and Wire Transfer research for Payments Partners and core customers.
- Processes manual ACH returns and initiates communications with the Federal Reserve Bank for all approved Fedline applications, to include but not limited to: currency/coin ordering, Automated Clearing House (ACH), and wire transfers.
A: Job Specific:Knowledge/Skills/Abilities:
- The ability to communicate effectively and clearly, both in verbal and written communications.
- Excellent interpersonal skills.
- Strong knowledge of the business area that is being supported.
- Self-directed and motivated.
- The ability to manage multiple tasks.
- Excellent problem-solving skills.
- Ability to calculate figures as it relates to accounting processes.
Sutton Bank is an All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity, pregnancy, disability or protected veteran status.