Job Description - Faster Payment Coordinator

Role:
The Faster Payment Coordinator is responsible for ensuring the accurate, secure, and real-time processing of immediate transactions from RTP, FedNow, and Stablecoin by monitoring systems, resolving exceptions, reviewing appropriate reports, and managing risk.



Essential Functions and Responsibilities:



  • Performs monitoring of high-volume real-time payments across various systems to ensure completion within strict service level agreements, regulations, and compliance. Actively identifies opportunities for process improvement and streamlining faster payment providers.

  • Investigates, troubleshoots, and resolves payment discrepancies, transaction denials, exceptions, and reversal request. Handles inquiries from employees, members, vendors, and other financial institutions.

  • Contributes to daily operations, provides insight for business updates to department management, and coordinates with key stakeholders in the organization.

  • Reviews daily voucher, daily report download, and settlement to ensure accuracy in the payment posting.

  • Performs other job-related duties as assigned.


Experience:



  • Minimum 3 years Member/customer service experience with the financial institution. Required

  • Minimum 3 years Knowledge of basic compliance and banking regulations. Required

  • Minimum 3 years Knowledge of operating rules in regards to RTP, FedNow, and Stablecoin. Preferred


Education:



  • High School Diploma or GED Required

  • Associates Degree in computer science, business administration, or related field. Preferred

  • Certification/License Accredited Faster Payments Professional (AFPP) or Faster Payment Professional (FPP) certification. If not currently held, the ability to obtain within a 2 year time frame. Required

  • Certification/License Accredited Payment Risk Professional (APRP) certification. Preferred


Other Skills Required:



  • Ability to interact professionally and confidentially with employees, management, members, and external partners for the purposes of resolving issues, giving or obtaining information, and building relationships.

  • Ability to communicated effectively and professionally with staff, all levels of management, and outside third parties including vendors and other financial institutions via phone and email.

  • Strong organizational and time management skills and the ability to handle multiple priorities effectively.

  • Ability to work independently with minimal supervision while keeping leadership informed.

  • Proficiency in Microsoft Office Suite.

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