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Payment Services Specialist @Central 1 Credit Union

[Hiring] Payment Services Specialist @Central 1 Credit Union

Mar 30, 2025 - Central 1 Credit Union is hiring a remote Payment Services Specialist. 💸 Salary: $49,852 per annum. 📍Location: Canada.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

The Payment Services Specialist performs a variety of diverse clerical duties involving the processing, reconciliation, balancing, settlement, tracing and investigation of items and processes of some complexity, working in accordance with policies, procedures, rules and confidentiality/security requirements.

  • Undertaking various duties relating to the processing of returned items, electronic bill payments, bill payment remittances, bonds, coupons, ATM/POS, automated funds transfers, cash orders, wire transfers, and other such items as defined by management
  • Verifying receipt of data input files from credit unions, coordinating the work inflow process and processing and updating files utilizing image transports and specialized computer software
  • Conducting online validation of information, balancing and reconciling transactions, preparing financial adjustments as required, and processing for settlement following applicable CPA and Network Rules (Interac, Exchange Acculink) and within specified timeframes to avoid loss of recourse and financial liability
  • Reviewing documents, variance reports and other information, analyzing unusual situations, tracing items, and investigating and resolving problems
  • Preparing documentation and posting financial entries to Central 1's automated suspense, general ledger, and central banking system
  • Assisting with testing of software upgrades and process improvement
  • Responding in a timely and courteous manner to verbal and written requests from credit unions, financial institutions, corporate clients, vendors, and Central 1 employees for information and assistance in resolving discrepancies, adjustments, traces, and other problems
  • Acting as the intermediary as required between credit unions, other centrals, external clients, and other financial institutions for processing and settlement of various items
  • Maintaining databases, logs, records, statistics and preparing summary reports for information, billing, and other purposes
  • Maintaining up-to-date knowledge of CPA rules, Network Rules for ATM/POS, FINTRAC reporting, Proceeds of Crime, Anti Money laundering, and Central 1 processes and standards applicable to the work

Qualifications

  • Preferred Community College diploma in business or related discipline including courses in accounting
  • Experience preferably in retail banking and/or at a secure data center
  • Knowledge of automated financial systems, clearing and settlement processes, and CPA rules
  • Strong verbal and written communication and excellent interpersonal skills
  • Ability to analyze data, interpret reports, and resolve issues using Excel
  • Great analytical, problem-solving, organizational, and time management skills
  • Solid data entry skills with a high degree of accuracy and speed
  • Ability to multitask, effectively deal with conflicting priorities, work on strict deadlines, and function effectively in a team environment

Requirements

  • Days/hours of work are subject to change based on business needs, and flexibility is required

Benefits

  • Work-life flexibility
  • Hybrid work environment
  • One time allowance to set up your office for remote first employees
  • Variable annual incentive plan
  • Generous annual vacation allotment
  • Top-notch flexible benefits plan including family building and gender affirmation
  • Retirement Plan, matched contributions at 6%
  • Access to a learning platform and educational assistance support
  • Access to a virtual wellness platform
  • Career development opportunities
  • Wellness Flex Fund to support personal interest and activities
  • Day off to volunteer in your community and other paid time off options
  • Corporate discounts *subject to employment agreement

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Before You Apply
📍 Be aware of the location restriction for this remote position: Canada
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
Back to Remote jobs  >   All others
Payment Services Specialist @Central 1 Credit Union
All others
Salary 💸 $49,852 per annum
Remote Location
Canada
Job Type full-time
Posted Mar 30, 2025
Apply for this position Unlock 54,727 Remote Jobs
📍 Be aware of the location restriction for this remote position: Canada
Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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