The Cannabis Industry's Wholesale Platform
Operations Specialist
Location
United States
Posted
3 days ago
Salary
$25 - $28 / hour
Seniority
Mid Level
Job Description
Operations Specialist
LeafLink
• Process, verify, and settle daily transactions across deposit, loan, and general ledger systems, ensuring accuracy and completeness before end-of-day cutoffs. • Originate, review, and release domestic and international wire transfers in accordance with Fedwire and SWIFT procedures, dual-control requirements, and OFAC/sanctions screening. • Process incoming and outgoing ACH transactions, including NACHA file validation, returns, reversals, and Notification of Change (NOC) handling. • Identify, investigate, and resolve transaction exceptions (holds, suspense items, out-of-balance conditions, duplicate or rejected entries) within established timeframes. • Serve as the primary escalation and inquiry point for the Customer Service team on transaction status, holds, wire and ACH tracing, and exception resolution. • Research and respond to wire recalls, ACH disputes, and unauthorized transaction claims; coordinate with correspondent banks and the ACH network as needed. • Reconcile general ledger and suspense accounts related to wire and ACH activity; prepare adjusting entries as required. • Maintain compliance with BSA/AML, OFAC, Regulation E, NACHA operating rules, and internal policies and procedures. • Document processing exceptions and root causes; recommend process improvements to reduce recurring errors and manual touchpoints. • Support internal and external audits and exams by providing transaction records, exception logs, and procedural documentation. • Assist with month-end, quarter-end, and year-end processing and reporting as needed.
Job Requirements
- 2+ years of experience in bank operations, back office processing, or a similar transaction-processing role.
- Hands-on experience with wire transfer processing (Fedwire/SWIFT) and ACH processing (NACHA file formats, returns, and NOCs) strongly preferred.
- Working knowledge of BSA/AML, OFAC, and Regulation E requirements as they relate to payment processing.
- Experience with core banking platforms and payment/wire systems (e.g., Fiserv, Jack Henry, FIS, or similar).
- Proficiency in Microsoft Excel and other Office applications.
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