Payment Processing Sr. Specialist / Customer Support

Bankers' Bank is a fast-growing, state-chartered financial institution with over $1.5 billion in assets committed to assisting community banks with their payments and financial service needs for over 40 years. In addition to specializing in providing correspondent banking products and services to community banks we also provide bank holding company loans, commercial lending, leasing, secondary mortgage products, cash letter/cash management, investment trading, safekeeping and portfolio accounting, correspondent credit services, international services, and bank card products. Bankers' Bank has offices in Madison, WI, Des Moines, IA, Chicago, IL, and Indianapolis, IN.

We are seeking anPayment Processing Sr. Specialist to join our Payments & Cash Management department. This individual will be a subject matter expert responsible for the execution of the various daily payment activities, ensuring timely and accurate payment/posting, processing of wire, and Automated Clearing House transactions to include completion of daily functions while providing superior service with enthusiasm, accuracy, and efficiency.

Responsibilities

.Payment Processing:

• Provide superior client service through proprietary communication channels.
• Serves a subject-matter expect when performing activities in various payment platforms to initiate, complete or resolve an issue.
• Process incoming/ outgoing wire transfers over FedLine Direct using the FIRE
• Enter and verify FIRE, FedLine Advantage, Fed Fund wire transfers, ACH returns, ACH originations, and service messages.
• Verify and complete the delivery to include receipt of ACH, large dollar notifications, coin & currency orders and deposits to and from the Federal Reserve.
• Process Provisional and Final cash letter Items.
• Complete Bank note sales and purchase Items.
• Execute the processing timelines for the cash management
• Extract cash management files from FedLine to post debit/credit report over
• Serves as subject-matter expect when conducting OFAC descisioning.
• Complete "End of Day" processing for both CORE and FAS, along with "Beginning of Day" backup.
• Participate in payment platform development testing.
• Ensure procedure accuracy is maintained and assist in procedure creation.
• Participate in annual department business contingency and disaster recovery
• Assist with Fed Contingency Annual testing.
• Performs Payment and Cash Management department project-related assignments.

Qualifications

Ideal candidate will possess an Associate degree in accounting, finance, banking or other related field or an equivalent combination of education and experience. Two or more years of payment transactions, banking experience, or other related experience.

Preferred

Accredited Automated Clearing House Professional (AAP) designation.