ACH Return I - Recon Clerk

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:814 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

R13949