Ach Specialist

ACH Specialist Overview

• The ACH Specialist is responsible for processing and reconciling Automated Clearing House transactions with accuracy and compliance.
• Ensure adherence to NACHA rules and federal regulations while managing ACH exceptions and disputes.
• Collaborate with internal teams to provide guidance on ACH best practices and compliance updates.
• Support financial operations through general ledger account balancing and transaction posting.
• Investigate and resolve ACH rejection codes and discrepancies to maintain operational efficiency.
• Participate in cross-training to enhance departmental capabilities and ensure seamless operations.
• Contribute to audits and regulatory examinations related to ACH and wire processing.
• Maintain compliance with credit union policies and ensure privacy of member information.
• This hybrid role offers flexibility and professional development opportunities within a supportive environment.

ACH Specialist Key Responsibilities & Duties

• Process incoming and outgoing ACH transactions, including returns, adjustments, and reconciliations.
• Investigate and resolve ACH exceptions, disputes, and member account discrepancies.
• Ensure timely reconciliation of ACH settlements and prepare journal entries.
• Monitor and process ACH notifications of change (NOCs) and death notification entries (DNEs).
• Handle ACH reclamation and recover funds for authorizations or erroneous transactions.
• Balance general ledger accounts related to ACH transactions and ensure accuracy.
• Maintain compliance with NACHA rules, federal regulations, and organizational policies.
• Assist with internal audits and regulatory examinations related to ACH and wire processing.
• Participate in cross-training within the accounting department to support broader financial operations.

ACH Specialist Job Requirements

• Accredited ACH Professional certification is required at the time of hire.
• 1-3 years of experience in ACH processing, financial operations, or accounting roles.
• Strong understanding of financial transactions, regulatory compliance, and ACH processing software.
• Proficiency in using ACH platforms such as FIS, Fiserv, or similar systems.
• Ability to type proficiently and operate standard office equipment effectively.
• Strong attention to detail and ability to interpret ACH rejection codes accurately.
• Knowledge of NACHA rules and timeframes for processing ACH transactions.
• Capability to lift up to 50 pounds safely and perform essential job functions.
• Effective interpersonal skills for professional interactions within and outside the organization.