East West Bank
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Centralized Processing Specialist
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East West Bank 3 weeks ago Be among the first 25 applicants Join to apply for the
Centralized Processing Specialist
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East West Bank Get AI-powered advice on this job and more exclusive features. Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement. Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
We are seeking a detailed oriented and driven Centralized Operations Specialist who specializes in ACH, EFT claims, and wire processing to join our team. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
As a Centralized Operations Specialist, you will work in a fast-paced environment and be responsible for managing tasks related to ACH processing, which includes reviewing, processing and reconciling ACH prefunding files, ACH exceptions (reversals, stop payment requests, failed batches, etc.) ensuring the usage of correct ACH codes, and assisting with EFT claim processing (disputes/chargebacks) within the established SLAs. The Centralized Operations Specialist role is critical in maintaining secure and efficient payment processing with a focus on fraud prevention while adhering to the Banks processes and procedures.
Responsibilities
Accurate handling of ACH and EFT claim activity ensuring payments are compliant with Bank procedures, regulatory & NACHA requirements. Process, research, and resolve ACH reject activity within established SLAs. Investigate and resolve payment discrepancies, including unauthorized transactions and chargeback activity. Monitor, review, and clear ACH fraud alerts according to Bank policy. Exception handling review, including following up on pending ACH batches with internal departments. Process EFT claims, including reviewing supporting documentation, updating dispute logs, following up on pending claims, and tracking resolution status withing established SLAs. Daily reconciliation of ACH activities. Cross training in other department functions including wire processing activities.
Qualifications
1-2 years of experience working in the banking industry with strong knowledge in ACH and wire payment processing strongly preferred. Knowledge of relevant ACH rules and regulations set by NACHA and card networks preferred. 10 key-by touch, typing 40-50 WPM with high accuracy. Understanding of reconcilement processes (e.g., general ledgers, debit, and credit reconciliation) preferred. Ability to multitask and work in a fast paced, highly secured, and measured production environment. Strong attention to detail, and proficiency in Microsoft Word and Excel. Excellent verbal (telephone) & written communication skills (email) to interact with internal and external partners. Knowledge of FIS core and payment systems or similar preferred. Participate in afterhours and weekend testing when needed and flexibility to work overtime as needed.
Compensation
The base pay range for this position is USD $20.00/Hr. - USD $25.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
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Centralized Processing Specialist
role at
East West Bank 3 weeks ago Be among the first 25 applicants Join to apply for the
Centralized Processing Specialist
role at
East West Bank Get AI-powered advice on this job and more exclusive features. Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement. Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
We are seeking a detailed oriented and driven Centralized Operations Specialist who specializes in ACH, EFT claims, and wire processing to join our team. As an East West Bank employee, you will be part of a growing and stable organization that provides career path development opportunities while serving a growing and profitable market.
As a Centralized Operations Specialist, you will work in a fast-paced environment and be responsible for managing tasks related to ACH processing, which includes reviewing, processing and reconciling ACH prefunding files, ACH exceptions (reversals, stop payment requests, failed batches, etc.) ensuring the usage of correct ACH codes, and assisting with EFT claim processing (disputes/chargebacks) within the established SLAs. The Centralized Operations Specialist role is critical in maintaining secure and efficient payment processing with a focus on fraud prevention while adhering to the Banks processes and procedures.
Responsibilities
Accurate handling of ACH and EFT claim activity ensuring payments are compliant with Bank procedures, regulatory & NACHA requirements. Process, research, and resolve ACH reject activity within established SLAs. Investigate and resolve payment discrepancies, including unauthorized transactions and chargeback activity. Monitor, review, and clear ACH fraud alerts according to Bank policy. Exception handling review, including following up on pending ACH batches with internal departments. Process EFT claims, including reviewing supporting documentation, updating dispute logs, following up on pending claims, and tracking resolution status withing established SLAs. Daily reconciliation of ACH activities. Cross training in other department functions including wire processing activities.
Qualifications
1-2 years of experience working in the banking industry with strong knowledge in ACH and wire payment processing strongly preferred. Knowledge of relevant ACH rules and regulations set by NACHA and card networks preferred. 10 key-by touch, typing 40-50 WPM with high accuracy. Understanding of reconcilement processes (e.g., general ledgers, debit, and credit reconciliation) preferred. Ability to multitask and work in a fast paced, highly secured, and measured production environment. Strong attention to detail, and proficiency in Microsoft Word and Excel. Excellent verbal (telephone) & written communication skills (email) to interact with internal and external partners. Knowledge of FIS core and payment systems or similar preferred. Participate in afterhours and weekend testing when needed and flexibility to work overtime as needed.
Compensation
The base pay range for this position is USD $20.00/Hr. - USD $25.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
Seniority level
Seniority level
Entry level Employment type
Employment type
Full-time Job function
Job function
Other Industries
Banking Referrals increase your chances of interviewing at East West Bank by 2x Sign in to set job alerts for Processing Specialist roles.
CUSTOMER SERVICE SPECIALIST 1229 (REVISED 02/28/25) (A)
Los Angeles, CA $60,489.00-$97,363.00 1 month ago Monterey Park, CA $16.50-$17.00 2 days ago Monterey Park, CA $17.17-$19.50 2 weeks ago Senior On-Site Service Specialist / Mail Processing Specialist
Monterey Park, CA $16.50-$18.00 2 weeks ago Remittance Processing Specialist II - Equipment Operator-2nd Shift
Sterile Processing Clinical Education Specialist (California)
Workflow Coordinator (Mail Team - Residuals Processing, Trust & Estates)
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Los Angeles Metropolitan Area $25.96-$28.84 2 weeks ago City of Industry, CA $18.00-$25.00 2 weeks ago City of Industry, CA $18.00-$25.00 1 week ago AI Image Processing Specialist - ReelShort (Project based)
Payload Processing Integration Specialist (PPIS)
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Los Angeles County, CA $70,000.00-$75,000.00 3 weeks ago Rosemead, CA $40,000.00-$50,000.00 1 week ago Remittance Workflow Coordinator- 1st Shift
Monterey Park, CA $19.45-$20.50 2 weeks ago Remittance Workflow Coordinator- 1st Shift
Monterey Park, CA $19.45-$20.50 2 weeks ago Los Angeles, CA $69,888.00-$100,949.33 3 weeks ago Payload Processing Integration Specialist (PPIS)
Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr