About the position
The position involves ensuring the accurate and timely capture, validation, and processing of remittances, including checks, money orders, and cashier's checks, from various sources and systems. The role requires verifying the authenticity of transactions, processing them accurately, and confirming that funds are correctly allocated and deposited into the appropriate accounts. Additionally, the position entails performing complex and varied duties that require moderate analysis and limited latitude, while adhering to Navy Federal Credit Union mail safety protocols, check negotiability standards, and check fraud procedures. The individual will research multiple platforms and resources to ensure that remittance and check processing comply with internal policies and federal regulations. The role also involves using appropriate levels of authority to make independent, mission-critical decisions related to processing remittances, returns, potential fraud detection, and hold requirements, while collaborating with others. The work will be conducted under direct supervision.
Responsibilities
- Capture, validate, and process remittances including checks, money orders, and cashier's checks.
- Verify the authenticity of transactions and process them accurately.
- Confirm that funds are correctly allocated and deposited into appropriate accounts.
- Perform complex and varied duties requiring moderate analysis and limited latitude.
- Adhere to Navy Federal Credit Union mail safety protocols, check negotiability standards, and check fraud procedures.
- Research multiple platforms and resources to ensure compliance with internal policies and federal regulations.
- Make independent, mission-critical decisions related to processing remittances, returns, potential fraud detection, and hold requirements.
- Collaborate with others while working under direct supervision.
Requirements
- Experience in processing financial transactions such as checks and money orders.
- Knowledge of check negotiability standards and fraud detection procedures.
- Ability to perform moderate analysis and make independent decisions.
- Familiarity with internal policies and federal regulations regarding remittance processing.
