Federal Reserve Financial Services Business Coordinator (Administrative)
Company
Federal Reserve Bank of AtlantaFederal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, Fedwire® Funds and Securities, the National Settlement Service (NSS), FedCash®1, FedACH®, Check Services, and the FedNow® Service. FRFS operates as a fully integrated organization with groups dedicated to operations, technology, product and industry engagement, enterprise services, and one focused on the ongoing growth and development of the FedNow instant payment service. Our strategy defines our future direction, seeking to offer a fully integrated product suite that provides speed, resilience, and choice in meeting the payments needs of financial institutions across the United States. Through our Enterprise structure, we strive to meet the needs of the marketplace for new products and services with speed and agility, seek to provide a robust and unified customer experience, and work to create career growth opportunities for FRFS staff.We seek leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community.
We are a dynamic environment that requires days in the office. In office requirements, as amended from time to time, are an essential function of the position
District Employment and Dual Citizenship:
As a Federal Reserve System National Business Line, it is standard practice to post FRFS positions in all twelve Districts to provide transparency and equitable opportunities for all FRS employees to apply. Internal Candidate(s) selected for this position will remain employed by their current employing District and serve as an employee of FRFS. The selected Candidate's new job title and associated pay range will be determined by the employing District and will continue to be subject to the employing District's people policies and practices (i.e., remote/hybrid work posture, etc.).
Responsible for processing Image and Data files through the payment processing platforms. Interprets and utilizes prescribed policies, rules and procedures in processing incoming image files and preparing items for release to financial institutions or other Federal Reserve Offices. Collaborates between units to ensure operational commitments and service levels are achieved.
Key Responsibilities:
Receive, scan, process and dispatch all items via FedEx, UPS, USPS, and courier deliveries.
Print, burst and dispatch Image Replacement Document (IRD) daily work.
Researches and responds to customer inquiries and/or needs.
Possesses intermediate working knowledge of operating systems and demonstrates confidence under pressure
Possesses skills to work in a dynamic and frequently changing environment
Possesses and demonstrates team-oriented work ethic and effective verbal and written communication skills
Demonstrates professional customer service with integrity and accuracy
Takes personal responsibility to maintain and advance personal knowledge of various systems and business needs.
Performs assigned Processing functions under minimal supervision and capable of managing daily responsibilities within timeframe
Understands the demands of supporting an operation and possesses the required knowledge, skills, and temperament to rotate from a task when operational issues or demands take
Performs other duties as assigned
Performs tasks and monitors Check Processing functions according to the processes and procedures, including researching, resolving and/or escalating issues when appropriate
Utilizes technical and problem-solving skills to identify issues, analyzes potential causes, and recommends a resolution.
Performs research to resolve exceptions errors by validating data and preparing correspondence to customers.
Addresses and resolves customer inquiries regarding ACH and Check transactions for internal and external customers, including Government Agencies. Uses customer support tools to log, track, and monitor customer calls. Assists customers with questions regarding policies and procedures; Handles most issues and customer problems; Processes, verifies, balances and prepares reports of transactions, updates and maintains databases.
Maintains a strong working knowledge of the funds and securities transfer applications and required databases, local and standard operating procedures, Operating Circulars and Regulation J.
As required to supplement the offline unit, it executes irrevocable individual transfers of funds and treasury and government securities for participating institutions nationwide.
Assists Financial Institutions with sending Fedwire payments under contingency situations.
Essential Functions
Escalates issues to management as appropriate.
Ability to work as a team member in a highly sensitive and rigorously controlled and monitored environment.
Must be able to communicate effectively and work independently and/or as part of a team
Assist other business units with their work tasks and job responsibilities that may require working specified times to accommodate customer or business needs.
Troubleshoot, research, and resolve routine issues. Notify department management of issues and/or problems.
Complete ad-hoc work assignments when assigned
Education: High School Diploma or GED
Experience: Less than two years
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
Comprehensive healthcare options (Medical, Dental, and Vision)
401K match, and a fully funded pension plan
Paid vacation and holidays, flexible work environment
Generously subsidized public transportation
Annual tuition reimbursement
Professional development programs, training, and conferences
And more…
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer.
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
NoJob Category
Operations Family GroupWork Shift
First (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
