CASY-MSCCN Jobs

Job Title: ACH Specialist Company: BMI Federal Credit Union Location: Dublin, OH Starting Hourly Range: $23.00 - $28.50 ABOUT BMI FEDERAL CREDIT UNION (BMI FCU): BMI FCU is a not-for-profit, financial cooperative providing banking services to our member-owners. Our goal is simple - to improve the financial well-being of our members and our community. For 14 consecutive years (2010-2023), BMI FCU has been named a "Best Employer in Ohio" by the Best Companies Group. We offer competitive pay and benefits including holiday pay, paid time off (PTO), a matching 401(k) plan, professional development, opportunities to help our community, health insurance, a wellness program, and more. If you enjoy working for a smaller company and having the ability to positively affect an entire organization, then BMI FCU is the place for you! POSITION SUMMARY: Performs intermediate to more complex level of clerical, accounting, and electronic payment system processes. Duties require analysis and judgment in application of Automated Clearing House (ACH) processes. Must be up-to-date on all laws, regulations, and compliance for accounting functions. This position is a back up to other functions in the accounting department. ESSENTIAL JOB FUNCTIONS: Ensure that BMI is in compliance with ACH rules and regulations Maintain and update ACH procedures and forms Process consumer and business ACH file requests in compliance with regulations, internal guidelines, and within established deadlines Complete the life cycle of the ACH process including originations, exceptions and returns, adjustments, and unauthorized ACH transactions Develop and implement process improvements in relation to current job functions Ensure compliance with applicable reporting and compliance procedures to make sure BMI does not incur fines Perform mathematical functions and computations; analyze, interpret, and prepare statistical data Assist auditors to ensure that the department is committed to best practices Process incoming and outgoing wire transfers Use various systems to support ACH, wires, internal transfers, and external transfers through online banking Work with the AVP of Compliance to update ACH and wire policies/procedures Interact with front-line staff to resolve ACH and wire discrepancies, problems, and issues Monitor external transfers, wires, and ACH origination items to prevent losses Process ACH reclamations and research government payments on deceased accounts in a timely manner to ensure losses are avoided Coordinate the completion of the annual ACH Risk Assessment with other internal staff or with the assistance of an outside ACH auditor/professional Process daily returned deposit items Maintain the NACHA Risk Management portal Evaluate and update BMI ACH origination files to ensure they are in NACHA file format Process BMI ACH origination returned items Contact other ACH originating financial institutions to correct erroneous transactions Ensure we retain all ACH items for the proper period of time Process any NACHA rule violations to ensure that BMI does our part to make sure the ACH network is in good standing Process employee and member garnishments Reconcile General Ledger accounts daily/monthly Process indirect business ACH, wires, and loan originations Assist in department projects QUALIFICATIONS AND SKILLS REQUIREMENTS: Associate degree in Accounting or related field preferred A minimum of 3 years of related experience; a viable combination of experience and education will be considered Accredited ACH Professional (AAP) Certification with Continuing Educational credits for recertification Proficient in Microsoft Office, general computer programs, and general office equipment