Payments Specialist II

Space Coast Credit Union (SCCU), the largest state charted credit union in Florida, is looking for a Payment Specialist II to join our ONESCCU team in Melbourne FL! SCCU has been in business for over 70 years, has over 8 billion dollars in assets and WE ARE GROWING!

Our Members are our top priority and we stand behind our Brand Promise: Honest People, Trusted Products, Time Valued. We offer a rich benefits package and career advancement opportunities.

SCCU Team Member Benefits:

• ONESCCU annual bonus available!
• Hybrid Work Schedule after training – Work from home up to 3 days a week
• Medical, Dental & Vision Insurance
• HSA (Health Savings Account) with SCCU matching contribution
• SCCU Paid Long Term and Short Term Disability coverage
• SCCU Paid Term Life Insurance
• Employee Assistance Program (EAP)
• Paid Time Off
• 401(K) Pre-Tax Savings Plan with SCCU match- 100% of the first 5% of employee contributions
• Tuition Reimbursement Program

SCCU Team Member financial discounts & perks (save money every month!):

• Loan Discounts - Mortgage, 2nd Mortgage, Auto, Motorcycle, Boat etc. / GAP coverage at half price
• Fixed low rate credit card- 5.99% if approved
• FREE Identify Theft Protection
• No fee SCCU accounts

Payment Specialist II Duties & Responsibilities

Our Payment Specialist II ensure the timely and accurate posting, balancing, research and reconciliation of daily ACH & Correspondent Bank files within required service and compliance standards.  They process/approve incoming and outgoing Domestic and International wire transactions accurately and in a timely manner.  Ensuring OFAC and data verification is completed. They analyzes returned items and mobile capture exceptions, making pay, pay and charge, or no-pay decisions.

• Reviews and balances daily files downloaded from the Correspondent Banks and the ACH files from Federal Reserve Bank through the third party ACH application within required service and compliance standards. Generates exception reports.
• Reviews and analyzes the daily Non-Sufficient Funds (NSF) returns file for both share drafts and ACH transactions posted against member accounts in an NSF status (i.e., chargebacks). Determines pay, pay and charge or no-pay status of NSF items. Balances the returns file and transmits the returns file electronically within the regulatory deadlines.
• Processes debits to members accounts for returned deposit items and mobile capture exceptions within department service standards and regulatory deadlines. Prepares and mails notifications to members including an explanation for the action taken, the return item, and a receipt showing the debit to the account. Forwards negative balance documentation to the Collections Department.
• Responsible for accurate description and resolution (clearing) of outstanding transactions. Responds to all external financial institution requests related to adjustments and/or source of receipts for member transactions. Coordinates with IT to ensure that share draft image files are uploaded to on-line banking in a timely basis.
• Receives, verifies, processes and balances incoming and outgoing Domestic and International wires up to $1 million for members through WireXchange. Verifies, processes and balances in-coming and out-going wire activity as directed by Accounting in support of the daily business operation of SCCU.
• Sets up, services and balances member payrolls. Posts member’s payroll deductions as received through the third party ACH application.

Payment Specialist II Minimum Qualifications

Education and Training:

High school diploma, GED or equivalent experience.

Prior Experience:

3 to 5 years prior experience with a financial institution with specific experience in ACH, Item Processing and/or Wire Transfer preferred.

Other Special Skills and Abilities:

• Working knowledge of Federal Reserve regulations and NACHA guidelines.
• Knowledge of wire transfer systems, processes, security and regulations.
• General knowledge of accounting, general ledger, and account reconciliation.
• Knowledge of financial services deposit processing functions and regulations.
• Ability to decipher information imprinted on checks after passing through banking system.
• Skilled in Microsoft software including Excel and Word.

Payment Specialist II Hours

• Full Time during department hours. 
  • Monday - Friday between the hours of7:30am - 6:00pm