What are the responsibilities and job description for the ACH Return I - Recon Clerk position at IBC Bank?
IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.
Time Type:
Full time
This is an in-office position.
Department:
831 ACH Services
Job Summary:
The ACH Returns I/Reconciliation Clerk processes ACH returns in accordance with standard procedures in a timely manner. The individual that fills this position should be a self-starter and be able to work well under the pressure of timelines. This person should have the ability to multitask and be a team player.
Job Description:
ESSENTIAL JOB FUNCTIONS
The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.
- Review and process daily returns using appropriate NACHA return codes.
- Process GARS (General Advice Retrieval Report) reports from FEDLINE Advantage and prepare balancing sheet for corporate accounting department
- Review and process ACH disputes & stop payments via the ACH system or FEDLINE Advantage application.
- Review & research account activity on daily reconciliation for each bank on internal general ledger accounts
- Process ACH morning debit/credit rejects and obtain approval on pending items
- Answer branch and customer service ACH related telephone and email inquires; provides information and assistance in accordance with bank policy and applicable regulations.
- Cross train on other functions within the department to gain a thorough knowledge all ACH processes
- Attend webinars and seminars to continue education related to ACH rule changes and updates
SKILLS
- Time Management
- Systems Analysis
- Judgment and Decision Making
- Coordination
- Bilingual Preferred
EDUCATION & KNOWLEDGE
- College diploma, preferred
- High School diploma or GED Equivalent
- Knowledge of ACH operations desired
- Previous banking experience highly desired
