Job Summary

Processes proceeds of outward bills for collection and returned checks. Handles the processing of Direct Deposit Program (ACH Pensioners).

Job Description

• Files and coordinate with branches/ clients regarding their direct deposit sign up enrolment for ACH account.
• Verifies the downloaded ACH files by Sundries Section Head from Wells Fargo if tallies with the amount and value date credited on the Statement of Account ( SWIFT MT950 ) from Wells Fargo.
• Verifies the corresponding account name and the account number on the ACH Pension Masterfile where the pension is to be credited.
• Initiates IBTs’ to concerned branches where the pensioner maintained the account.
• Files daily cash letters from branches and distribute cash letter credit to branches.
• Coordinates and initiates corresponding GL entry with the branch of account for all returned checks advice ( SWIFT MT 456) ...