An Ach/Eft Manager is responsible for managing Automated Clearing House (ACH) and Electronic Funds Transfer (EFT) payment transactions in an organization. They ensure that payments are securely transferred by monitoring and reconciling accounts, troubleshooting issues, and developing process improvements. They also oversee compliance with regulatory requirements, such as the National Automated Clearing House Association (NACHA) rules and Federal Reserve regulations. Overall, an Ach/Eft Manager plays a critical role in the financial operations of an organization by managing payment processing efficiently and securely.
This Ach/Eft Manager job description is good for hiring a perfect candidate because it clearly outlines the key responsibilities and qualifications required for the role. The description highlights the crucial role the position plays in managing payment processing and ensuring regulatory compliance, which are critical skills and experiences to look for in a candidate.
To customize the job description for your own needs, you can add or remove specific responsibilities based on your organization’s requirements. You can also modify the qualifications section to fit the specific skills and experience required for the role. For example, if your organization requires experience with a specific payment processing system, you can include that in the qualifications section. Overall, customizing the job description can help you attract the right candidates who have the skills and experience specific to your organization’s needs.
We are seeking an experienced Ach/Eft Manager to join our team. The ideal candidate will be responsible for managing Automated Clearing House (ACH) and Electronic Funds Transfer (EFT) payment transactions. This role requires keen attention to detail, strong analytical skills, and a deep understanding of banking platforms and regulations. The Ach/Eft Manager will oversee payment processing, monitor accounts, troubleshoot any issues that arise, and develop process improvements. The candidate will work collaboratively with cross-functional teams and maintain compliance with all regulatory requirements.
The Ach/Eft Manager will be required to work a standard 40-hour week. Some overtime may be needed based on business needs. This is primarily an office-based position with no specific physical requirements.
Compensation will be commensurate with experience. Our benefits package includes health insurance, retirement plan options, and paid time off.
We are committed to providing a positive and collaborative work environment for all team members. Our team values integrity, accountability, and a commitment to excellence in all our business practices.
We believe in promoting from within and providing our employees with opportunities for professional growth and development.
To apply for this position, please submit your resume and cover letter to [insert email address]. If your qualifications match our requirements, we will contact you to schedule an interview. Thank you for your interest in joining our team.
An Ach/Eft Manager is responsible for managing Automated Clearing House (ACH) and Electronic Funds Transfer (EFT) payment transactions, overseeing payment processing, monitoring accounts, troubleshooting issues, and developing process improvements.
Typically, an Ach/Eft Manager should have a Bachelor’s degree in finance, accounting, or a related field, along with 5+ years of experience in payment processing or financial operations. Other required skills include a strong knowledge of ACH and EFT regulations, banking platforms, and financial software.
The primary responsibilities of an Ach/Eft Manager include overseeing payment processing, monitoring accounts, troubleshooting payment issues and errors, developing process improvements, and maintaining compliance with regulatory requirements and banking standards.
An Ach/Eft Manager typically works in an office-based setting with no specific physical requirements. The position may require occasional overtime or weekend work, depending on business needs.
The salary range for an Ach/Eft Manager can vary significantly based on experience, location, and company size. However, the median salary for an Ach/Eft Manager in the US is around $80,000 per year.
An Ach/Eft Manager should possess excellent analytical skills, a keen attention to detail, exceptional project management and organizational skills, excellent communication and interpersonal skills, and the ability to manage multiple assignments and prioritize effectively.
An Ach/Eft Manager can advance their career by demonstrating success in managing payment processing and regulatory compliance. They may also be promoted to other positions within the finance or accounting departments, such as finance manager or CFO.
Some common challenges faced by an Ach/Eft Manager include managing complex payment systems, maintaining compliance with changing regulations and standards, reducing payment errors and discrepancies, and improving payment processing efficiencies.
An Ach/Eft Manager typically enjoys a strong salary, good benefits, and a stable work environment. They also get to play a critical role in managing financial operations within their organization, making a significant contribution to the company’s long-term success.
The job outlook for jobs in payment processing and financial operations remains strong, with steady growth projections projected in both sectors. As more businesses shift to digital payment methods, the need for experienced Ach/Eft Managers continues to grow.
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