FRFS Sr. Settlement Specialist
Core
Large-scale accounting and balancing for Check and ACH transitions for retail customers, depository institutions, government agencies, and Federal Reserve Districts.
Role type
Senior Settlement Specialist (Payments Operations)
Builds
Accurate and timely settlement of Check and ACH transactions across 12 Federal Reserve Districts.
Domain
Central Banking / Payments Infrastructure
Deliverable
production ML models | product features | dashboards & analysis | research | client delivery | infrastructure | physical/clinical work
Required skills
Settlement accounting, ACH processing, Check processing, System balancing, Discrepancy resolution, Regulatory compliance, Data entry, Reporting, Testing support, Project coordination
Preferred skills
Advanced analytical skills, Leadership, Team management, Complex issue resolution, Process improvement
Technologies
EASy, DVS, SDAS, FedLine Advantage, Fedwire, FedACH
Responsibilities
Perform preliminary balancing after each distribution; Create entries and close TPUs for ACH and Check settlement; Monitor Check and ACH business functions; Resolve settlement accounting discrepancies; Process and reconcile 12 FRB Districts; Generate cash forecasting reports for government agencies; Support testing activities and document defects; Lead or assist in project planning and execution.
Seniority
Senior, hands-on IC with leadership potential
