Centralized Processing Specialist

East West BankEl Monte, CA, US

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Overview

We are seeking a detailed oriented and driven Centralized Operations Specialist who specializes in ACH, EFT claims, and wire processing to join our team. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.

As a Centralized Operations Specialist, you will work in a fast-paced environment and be responsible for managing tasks related to ACH processing, which includes reviewing, processing and reconciling ACH prefunding files, ACH exceptions (reversals, stop payment requests, failed batches, ensuring the usage of correct ACH codes, and assisting with EFT claim processing (disputes / chargebacks) within the established SLAs. The Centralized Operations Specialist role is critical in maintaining secure and efficient payment processing with a focus on fraud prevention while adhering to the Banks processes and procedures.

Responsibilities

Accurate handling of ACH and EFT claim activity ensuring payments are compliant with Bank procedures, regulatory & NACHA requirements.
Process, research, and resolve ACH reject activity within established SLAs.
Investigate and resolve payment discrepancies, including unauthorized transactions and chargeback activity.
Monitor, review, and clear ACH fraud alerts according to Bank policy.
Exception handling review, including following up on pending ACH batches with internal departments.
Process EFT claims, including reviewing supporting documentation, updating dispute logs, following up on pending claims, and tracking resolution status withing established SLAs.
Daily reconciliation of ACH activities.
Cross training in other department functions including wire processing activities.

Qualifications

1-2 years of experience working in the banking industry with strong knowledge in ACH and wire payment processing strongly preferred.

Knowledge of relevant ACH rules and regulations set by NACHA and card networks preferred.

10 key-by touch, typing 40-50 WPM with high accuracy.

Understanding of reconcilement processes (., general ledgers, debit, and credit reconciliation) preferred.

Ability to multitask and work in a fast paced, highly secured, and measured production environment.

Strong attention to detail, and proficiency in Microsoft Word and Excel.

Excellent verbal (telephone) & written communication skills (email) to interact with internal and external partners.

Knowledge of FIS core and payment systems or similar preferred.

Participate in afterhours and weekend testing when needed and flexibility to work overtime as needed.

Compensation

The base pay range for this position is USD $20.00 / Hr. - USD $25.00 / Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

East West Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other legally protected status. Reasonable accommodations for disability are provided to applicants and employees in accordance with applicable law.

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Processing Specialist • El Monte, CA, US