Description
The Wire & ACH Specialist is responsible for the accurate, timely, and compliant processing of the bank's electronic payment services, including domestic and international wire transfers, ACH origination and settlement activities, and automated transfer transactions. This position supports daily payment operations by processing transactions, monitoring exceptions and returns, balancing general ledger accounts, and ensuring adherence to regulatory requirements and bank policies. The role serves as a key resource for branches and departments by providing operational support, resolving payment-related issues, and assisting with payment systems administration. The Wire & ACH Specialist also maintains procedural documentation, supports audit and compliance efforts, and serves as a cross-trained team member within the Payment Solutions area.
Requirements
- Process incoming and outgoing domestic and international wire transfers.
- Manage ACH origination files, returns, corrections, and exception items.
- Balance ACH-related general ledger accounts and reconcile daily activity.
- Set up and verify ACH Automatic Transfers (AFTs).
- Monitor ACH reports, return ratios, notifications of change, and reclamations.
- Maintain accurate records through scanning, indexing, and document retention procedures.
- Ensure compliance with NACHA rules, BSA/AML requirements, and internal policies.
- Provide operational support and guidance to branch and department personnel.
- Maintain and update departmental procedures and participate in cross-training initiatives.
- Support departmental backup functions and special projects as assigned
Competitive salary and benefits package available. EEO.
Skills Required
- Experience processing domestic and international wire transfers
- Experience managing ACH origination files, returns, corrections, and exceptions
- Ability to balance and reconcile ACH-related general ledger accounts
- Knowledge of NACHA rules and BSA/AML requirements
- Ability to provide operational support and guidance to branches and departments
- Ability to maintain records and departmental procedures
What We Do
Security Federal Bank, founded in 1922 in Aiken, South Carolina, is a full-service community bank offering a range of personal and business banking services, investments, trusts, and insurance products. It operates as a community development financial institution (CDFI) with branches in South Carolina and Georgia.
