Payment Systems Specialist

Point West Credit Union•Portland, OR

3d•$23•Onsite

About The Position

Performs a variety of duties and tasks to ensure the payment systems process functions in an efficient manner by processing, reconciling, and balancing Share Draft, ACH, Cards, and Shared Branching duties and resolving any irregularities in a timely manner.

Requirements

Successful completion of high school mathematics and grammar in order to prepare general ledger entries and prepare written business correspondence.
Must demonstrate knowledge of generally accepted accounting principles and data processing through education and job experience.
Must understand credit union accounting in general and particularly what comprises assets, liabilities, equity, income and expense and how each is used to accurately record credit union activities.
Must be mathematically oriented with ability to calculate interest rates, work ratios, and accurately balance a variety of reports.
Must exercise considerable discretion in handling telephone calls, sensitive information.
High school diploma or equivalent required.
A minimum of 2 years of similar or related experience within an appropriate industry.

Nice To Haves

Undergraduate degree preferred.

Responsibilities

Monitors daily cash flow within guidelines set by the CFO and makes necessary transfers from “cash” accounts.
Provides daily transaction and balance register of corporate accounts for the CFO’s review of activity and review of cash balances.
Coordinates with Catalyst Corporate Credit Union on transaction irregularities and software changes to ensure accuracy on all money accounts.
Recaps, records, and balances daily transactions affecting the general ledger.
Compiles and posts to the general ledger.
Identifies and records daily bank balances.
Records daily miscellaneous bank deposits.
Reconciles bank statements and coordinates with other departments to resolve posting adjustments.
Performs various member related tasks such as deposited checks returned as NSF and billpay file processing.
Writes procedures of task-oriented processes for all payment systems functions to ensure consistency of task completion and provides written documentation for others periodically covering duties.
Prepares and posts journal vouchers.
Verifies totals for accuracy and makes adjusting accounting entries.
Balance the credit union’s check register and monitor corporate check clearing.
Performs research of financial data to prepare reports detailing results of research conducted as requested.
Prepares quarterly general ledger account certifications.
Share Draft and ACH processing.
Coordinates with third party vendors on any data malfunctions to assure they are rectified immediately.
Coordinates with other staff members on issues including but not limited to suspected payment systems kiting or fraud, and ATM errors.
Monitors, investigates, and solves situations involving payment systems fraud within guidelines.
Responsible for identifying, reporting, properly investigating and resolving all situations involving payment systems fraud within established banking regulations.
Files bond claims.
Makes ATM and cardholder adjustments daily as necessary.
Researches, analyzes, and coordinates with vendor and IT Department any data irregularities.
Scan all department documents, accounts payable, or other scanning items.
Supports the accounting department as needed.
Backup for Operations department daily card operations.