Northwest Federal Credit Union
200 Spring Street
Herndon, VA 20170
(703) 709-8900 x4484
Finance & Insurance
From $35,353 To $54,530
* All applicants must apply on NWFCU's website to be considered for this position
The primary role of this position is to assist Northwest Federal Credit Union to live out our vision to be the lifetime financial partner for our member-owners. One of the primary means to achieve this end is to develop a highly effective team of employees and develop each employee to their highest potential through coaching and leadership. This position is responsible for ensuring that outstanding service is delivered to both internal and external members. A key component of this service to external members is to ensure each employee identifies members’ financial needs and suggests appropriate Credit Union solutions.
DUTIES AND RESPONSIBILITIES:
Must include the following and you may include any additional:
Deliver outstanding service that delivers on our Service Promises.
Meet or exceed the service goals for the position.
Knowledge of the Credit Union’s products and services.
Complete BVS classes as assigned.
Maintain department policy and procedure documentation accordingly.
Remains cognizant of and adheres to NWFCU policies and procedures, and regulations pertaining to the Bank Secrecy Act (BSA).
Process domestic and USD foreign wire transfers via wire transfer software.
Follow the credit unions wire call back procedure for outgoing wires, based on daily limits.
Prepare vouchers and/or uploads for incoming wires.
Post wires to member accounts as required.
Process foreign currency wire transfers via PNC Portal. Knowledge of international banking requirements, foreign currencies and exchange rates needed.
Process foreign checks as needed via PNC portal.
Perform OFAC checks on all incoming and outgoing wire transfers, in compliance with the Bank Secrecy Act (BSA). Seek supervisory assistance with any matches.
Process branch cash orders via Fedline Advantage.
Keeps abreast of all Federal Reserve regulations and requirements, to include the Bank Secrecy Act and Regulation D.
Maintain files and records of transactions regarding the operation of, wire transfers, cash orders, and bank statements.
Handle inquiries from internal and external members regarding ACH and Wire transfer transactions.
Maintain records on all ACH originations in accordance with NACHA Rules and Regulations and more specifically internal rules related to the ACH origination process.
Assist with processing the Incoming ACH Files from the Federal Reserve.
Assist in researching any exception items from the ACH Incoming Files and determine if they can be posted or returned. Prepare vouchers for posting any exception items. Provide those vouchers to the appropriate department for posting.
Assist with processing the ACH returns and Origination Files through the ACH and Federal Reserve Bank software.
Assist with processing Unauthorized and Stop Payment ACH transactions in accordance with NACHA operating rules.
Assist with processing One Time ACH returns and ACH Origination returns, by notifying the member and requesting the appropriate department back off the payment originally posted.
Perform other accounting and clerical duties assigned by the ACH/Wire Team Leader or Accounting Manager.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND EXPERIENCE:
High School Diploma or equivalent, previous financial and service experience preferred.
Excellent verbal, organizational, and problem-solving skills needed. Specialized college-level courses (i.e. accounting and finance) or 2-3 years experience in a financial institution.
General accounting knowledge to write up vouchers between general ledgers and member’s accounts.
Working knowledge of the Fedline, the Credit Union’s Member Information System, Goldleaf ACH Software, Internet Access, and all of the Microsoft Office Suites applications.
PC skills include ability to use Microsoft Office products such as Excel and Word, as well is Internet Explorer.
Basic knowledge of computer software, including: Excel, Outlook, PowerPoint, Word, Access, ACH software, wire transfer software and Federal Reserve Bank software
Ability to use a 10 key calculator.
Ability to calculate simple financial formulas.
Skilled at communicating both verbally and in writing.
Skilled at performing multiple tasks simultaneously.
Ability to solve problems independently and analytically reason through issues.
Ability to relate to people of all levels and make them feel comfortable.
Language skills require the ability to interpret all requests using effective interpersonal, verbal and written communication skills.
Mathematical skills include the ability to add, subtract, multiply, and divide and effectively use a 10 key calculator.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to function in a financial institution and/or branch environment and utilize standard office equipment, including but not limited to PC, fax, copier, telephone, etc.