Electronic Payments Representative (Wire Transactions)

Electronic Payments Representative (Wire Transactions)

At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.

With great employees we've grown from a single location in the back of a general store to 50 locations and over $6 billion dollars in assets. At Old Second we embrace values that foster an environment of community and growth. Recently, we've been voted a Forbes Best-In-State Bank for Illinois by our customers. Be a part of something big as we continue our growth story together!

Position Overview

The Electronic Payment Representative position is responsible for the processing of daily Wire Transfers and / or ACH services as part of the Electronic Payments processing area.

Essential Job Functions

• Primary duties will focus on Wire Transfer and Foreign Exchange activities, with backup ACH services occurring on an as-needed basis.
• Ensure that Wire and FX transactions processed have been completed accurately, and approved by the appropriate level of authority, with any exceptions clearly noted for Audit purposes.
• Review incoming wires that do not auto post.
• Balancing daily wire logs.
• Uphold Bank policy & procedures relative to electronic payment processing.
• Work with and support internal and external customers each day to provide efficient and quality service.
• Work with BSA and Fraud departments as needed.
• Review OFAC queues ensuring full compliance with regulatory guidelines.
• Process all Reg E / Remittance claims, complying with regulatory rules and timeframes.
• Other duties as assigned by Electronic Payments Manager.

Minimum Requirements

Competencies

Preferred, but not required

Location Details

This position requires the incumbent to work onsite at the Aurora, IL office on a daily basis to perform the regular responsibilities of the role.

Compensation & Benefits

Base pay : $20.10 - $26.35

Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent's knowledge, skills and experience.

Benefits : How We Support You - Old Second