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Title

ACH Specialist  

EOE StatementBMI Federal Credit Union strives to maintain a work environment free from discrimination where employees are treated with dignity and respect. All employees contribute to the Credit Union's commitment to equal employment opportunity. BMI Federal Credit Union does not discriminate on the basis of race, sex, gender identity, religion/creed, pregnancy, age, physical or mental disability, size or shape, marital status, national origin, genetics/genetic markers, military or veteran status, sexual orientation or any other characteristic protected by applicable laws. We adhere to these principles in all aspects of employment, including recruitment, hiring, placement, compensation, benefits, promotion, and discipline. We believe that by adhering to these policies we can cultivate a welcoming environment by embracing each individual's identities and abilities.
 
About the Organization BMI Federal Credit Union (BMI FCU) offers competitive pay and benefits including holiday pay, paid time off (PTO), a matching 401(k) plan, a robust wellness program, professional development, opportunities to help our community, health insurance (for full-time employees), and more. If you enjoy working for a smaller company and having the ability to positively affect an entire organization, then BMI FCU is the place for you.








***For 14 consecutive years (2010-2023), BMI Federal Credit Union has been named a "Best Employer in Ohio" by the Best Companies Group, an independent organization that conducts a rigorous evaluation to identify and name the best employers in the state!***








BMI FCU is a not-for-profit, financial cooperative providing banking services to our member-owners. Our goal is simple - to improve the financial well-being of our members and the community. One of the ways we do this is through our Money Management Program, a free financial education program for all members. We also provide traditional savings and lending products, like savings and checking accounts, IRAs, Certificates, credit cards, car loans, personal loans, and mortgages plus convenience services such as ATMs, online banking, online bill payment, and mobile banking. BMI FCU has five branch locations in Central Ohio.








EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity. BMI FCU maintains affirmative action programs to promote the employment opportunities of disabled individuals and covered veterans. Employees and applicants may request a review of appropriate portions of the BMI FCU Affirmative Action Program from the Human Resources Dept.  
Category Accounting/Finance  
Full-Time/Part-Time Full-Time  
Location BMI Federal Credit Union - General  
Location Details 6165 Emerald Parkway, Dublin OH 43016  
Internal/External Posting  
Description

STARTING HOURLY RANGE: $23.00 - $28.50

ABOUT BMI FEDERAL CREDIT UNION (BMI FCU):
BMI FCU is a not-for-profit, financial cooperative providing banking services to our member-owners. Our goal is simple - to improve the financial well-being of our members and our community.

For 14 consecutive years (2010-2023), BMI FCU has been named a "Best Employer in Ohio" by the Best Companies Group.

We offer competitive pay and benefits including holiday pay, paid time off (PTO), a matching 401(k) plan, professional development, opportunities to help our community, health insurance, a wellness program, and more. If you enjoy working for a smaller company and having the ability to positively affect an entire organization, then BMI FCU is the place for you!

POSITION SUMMARY: Performs intermediate to more complex level of clerical, accounting, and electronic payment system processes. Duties require analysis and judgment in application of  Automated Clearing House (ACH) processes. Must be up-to-date on all laws, regulations, and compliance for accounting functions. This position is a back up to other functions in the accounting department.

ESSENTIAL JOB FUNCTIONS:

  • Ensure that BMI is in compliance with ACH rules and regulations
  • Maintain and update ACH procedures and forms
  • Process consumer and business ACH file requests in compliance with regulations, internal guidelines, and within established deadlines
  • Complete the life cycle of the ACH process including originations, exceptions and returns,  adjustments, and unauthorized ACH transactions
  • Develop and implement process improvements in relation to current job functions
  • Ensure compliance with applicable reporting and compliance procedures  to make sure BMI does not incur fines
  • Perform mathematical functions and computations; analyze, interpret, and prepare statistical data
  • Assist auditors to ensure that the department is committed to best practices
  • Process incoming and outgoing wire transfers
  • Use various systems to support ACH, wires, internal transfers, and external transfers through online banking
  • Work with the AVP of Compliance to update ACH and wire policies/procedures
  • Interact with front-line staff to resolve ACH and wire discrepancies, problems, and issues
  • Monitor external transfers, wires, and ACH origination items to prevent losses
  • Process ACH reclamations and research government payments on deceased accounts in a timely manner to ensure losses are avoided
  • Coordinate the completion of the annual ACH Risk Assessment with other internal staff or with the assistance of an outside ACH auditor/professional
  • Process daily returned deposit items
  • Maintain the NACHA Risk Management portal
  • Evaluate and update BMI ACH origination files to ensure they are in NACHA file format
  • Process BMI ACH origination returned items
  • Contact other ACH originating financial institutions to correct erroneous transactions
  • Ensure we retain all ACH items for the proper period of time
  • Process any NACHA rule violations to ensure that BMI does our part to make sure the ACH network is in good standing
  • Process employee and member garnishments
  • Reconcile General Ledger accounts daily/monthly
  • Process indirect business ACH, wires, and loan originations
  • Assist in department projects


WORK ENVIRONMENT: Office environment

QUALIFICATIONS AND SKILLS REQUIREMENTS:

  • Associate degree in Accounting or related field preferred
  • A minimum of 3 years of related experience; a viable combination of experience and education will be considered
  • Accredited ACH Professional (AAP) Certification with Continuing Educational credits for recertification
  • Proficient in Microsoft Office, general computer programs, and general office equipment
  • Ability to work under minimal supervision or as a collective whole in order to find solutions for complex issues
  • Advanced problem solving skills
  • Must have excellent written and oral communication skills
  • Must have high attention to detail
  • Skills in organization and planning
  • Ability to receive and maintain confidential information


PHYSICAL REQUIREMENTS:

Must be able to meet the following physical requirements, with or without reasonable accommodation: 1) Sit, walk, stand, use hands to manipulate, handle, feel, and control items or equipment; 2) Reach with hands and arms; 3) Talk and hear; 4) See and be able to read, write, and interpret text, spreadsheet, and graphical documents; 5) Occasionally lift and move objects weighing up to 30 pounds.

As an equal opportunity employer, BMI FCU does not discriminate in its employment decisions on the basis of race, religion, color, national origin, sex, pregnancy, childbirth and related conditions, lactation status, gender identity, sexual orientation, age, disability, veteran or military status, genetic information, or ancestry.

 
Position Requirements  
Schedule  

This position is currently not accepting applications.

To search for an open position, please go to http://BMIFederalCreditUnion.appone.com



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