Payments Specialist II

Who we are:

The First National Bank in Sioux Falls began its long-term commitment to the Sioux Falls area in 1885. The oldest bank in Sioux Falls owes its longevity to a combination of service, stability, innovation, and family involvement. Over the past 135 years, The First National Bank in Sioux Falls has worked diligently to promote the growth and vitality of our city and the surrounding area. The Bank strives to continually be recognized as a community leader by reinvesting financial resources back into the communities it serves and encouraging active employee involvement in community volunteer organizations.

The First National Bank Way, which is a blend of our Mission Statement and FIRST Values, serves as the foundation of our culture. It is a gift that has been passed down to us and is the legacy that we will protect and preserve. Nothing is more important to us – it is the cornerstone of our success.

Our culture is driven by integrity, service, and strong values; nothing has shaped it more than our FIRST Values.

Our FIRST Values are not just words; they are truly felt by our employees, customers, shareholders, and communities. They tell us who we are as a business and guide our behaviors and decisions as we move forward and build successful relationships.

Although banking has evolved over the years, our mission and values have not and will not change.

What will you do:

Position Summary

Responsible for the support of the Bank’s payments products and services which includes Check, ACH, Wire, and EFT.

Accountabilities 

Wire Processing

• Analyze wire information to originate domestic and international wires and security payments.
• Monitor the status, process wires in the various queues, and release wires according to established OFAC guidelines, departmental policy, and procedures.
• Perform call-back verifications for wire transfers; retain wire documentation to comply with compliance and audit standards including searching the wire transfer database for the Financial Crimes Enforcement Network (or FinCEN) as required by the US Patriot Act Section 314(a).

ACH Origination Processing

• Perform call-back verifications for ACH Transfers.
• Handle ACH “error in processing” calls, determine issue, and proceed with the appropriate actions.
• Call customers to communicate ACH Corrections and ACH Returns.

Risk Management

• Perform customer due diligence, adhering to the Customer Identification Program (CIP).
• Secure appropriate approval when established payment limits are exceeded.

What’s in it for you?

• Health Insurance
• Dental & Vision Insurance
• Profit Sharing
• Paid Vacation & Holidays
• Company paid short and long term disability
• Tuition Reimbursement Program
• Employee Banking Perks
• Community Volunteer time
• And More!