Randstad Payment Operations Specialist in Folsom, California

Payment Operations Specialist

job details:

  • location:Folsom, CA

  • salary:$15 - $20 per hour

  • date posted:Wednesday, June 13, 2018

  • job type:Contract

  • industry:Finance and Insurance

  • reference:627119

job description

Payment Operations Specialist

Our client is currently seeking a Payments Operations Specialist for a 2+ month contract opportunity located in Folsom, CA.


Payments Operations is responsible for identifying opportunities to streamline operational processes, practices, and procedures for all money movement channels to ensure operational excellence and exceptional member experiences. Outcomes may include re-engineering processes, eliminating outdated or ineffective processes, moving processes to a new location within the organization, implementing new technology or identifying training opportunities. Each of these outcomes should result in measurable improvements to accuracy, efficiency, and risk reduction.

Primary Responsibilities:

are ensuring all money movement functions are completed daily including deposit processing, Remote Deposit Capture (RDC), Mailed Deposits and Payments, ATM deposits, Share Drafts (clearing, returns, and adjustments), Incoming/Outgoing Wires both domestic and international within required guidelines.


  • Ensure all image cash letters are posted, and outgoing imaged items are successfully distributed to the Federal Reserve. Review and resolve adjustments or exceptions using appropriate regulatory measures as required by governing payment agency.

  • Performs testing for system updates on organizational platforms, including but not limited to, business continuity, application and software updates, and regulatory required changes. Document testing analysis and provide to business partners as awareness of impact as it relates to item processing, teller / branch capture, and remote file imports from third party vendors.

  • Completes continued education and training to keep updated on banking and maintain industry knowledge of payment methods (ACH, Check, Cash, Card, and Wires) as related to settlement, regulatory, systems, and operations.

  • Process and post incoming and outgoing member wires; assist branch staff with international wire conversion rates for foreign currency

  • Prepare, image, post, and balance daily mailed deposits and payments, ATM deposits, Remote Deposit Capture (RDC) and share draft files to core system.

  • Repair share draft clearing files for distribution to the host, and process checks returns; Process and post check adjustments (Federal, non-conforming, encoding error, etc.)

  • Ensure all file transmissions for item processing functions were successfully imported into processing systems and system distributions were completed and successful

  • Review all items for check negotiability. Place extended holds, return items, and make adjustments according to policy and Regulation CC requirements. Prepare and post all item processing general ledger balancing, settlement, and reconciliation

  • Research and resolve all member account requests

  • Complete all duties within required timeframes and follow regulation or policy requirements, and other duties as assigned.


  • Completion of a Payments Functional Certification provided by a registered payments association (i.e. NACHA, WesPay, etc.) is required

  • Associate's degree (A.A.) or equivalent from two-year college or technical school; or three to four years related payment operational experience and/or training; or equivalent combination of education and experience.

  • Minimum 3 years industry experience

  • Knowledge of the following:

  • Regulations governing, item processing, check negotiability, wires, and consumer protection related to funds availability

  • Credit union products and services related to money movement and payment services

  • New account fraud including counterfeit check experience

  • Currency conversion rates

  • Payment Processing experience

  • Account Reconciliation and General Ledger Balancing

  • Financial Institution experience preferred

  • Check handling experience


This position requires completion of a payments functional certification provided by a registered payments association (i.e. NACHA, WesPay, etc.) within one year of hire . In addition, must maintain active certification by completing required continued education units.


  • Proficiency using Microsoft Office Word Processing software

  • Excellent verbal and written communication skills and problem-solving skills

  • Knowledge of financial products and services, credit union operations, data processing, and have demonstrated research skills.

  • Ability to work independently and to manage multiple priorities within established time frames

  • Intermediate Accounting skills

  • Strong time management skills

  • Strong attention to detail