ACH Compliance Specialist

ACH Compliance Specialist

North - Remote

Let’s go North, together. 

Join our mission to build the largest suite of credit card processing and merchant services. It’s one simple payment platform backed by the most diverse payment companies. From credit card processing to back-office management, North points the way to smarter, faster, and just plain better payment solutions.

The ACH Compliance Specialist role is critical within North’s ACH Compliance Program. The individual will be responsible for monitoring, periodic reviews, and risk assessments of our ACH Originators to ensure adherence to the Nacha Rules and applicable regulations.

What you'll do:

• Conduct Originator ACH WEB Debit Audits, periodic reviews, and due diligence/risk assessments as scheduled; report issues and recommend solutions to mitigate risk.
• Work with other Enterprise Risk Management departments to ensure Originator ACH exposure limits for both new and existing Originators are within the risk threshold.
• Act as a subject matter expert for cross-functional partners when new ACH-related products are being developed to ensure compliance with Nacha Rules.
• Understand and actively ensure Originator compliance with the Nacha Rules, Regulation E, UCC4A, OFAC, and other regulatory and compliance policies and procedures.
• Assists in coordinating ACH audits and aids in the follow-up of outstanding issues for timely resolution.
• Analyze data obtained for evidence of deficiencies in controls, duplication of effort, fraud, or lack of compliance with Nacha Rules and government regulations.
• Monitor the regulatory environment to identify regulatory changes applicable to ACH Compliance; may support internal communication of regulatory changes and help ensure that policies, procedures, and/or processes are appropriately implemented or amended to address regulatory requirements.
• Assist with developing and maintaining ACH Compliance policies and procedures to ensure regulatory and ACH-related audit requirements are appropriately addressed.
• Assist in developing and implementing ongoing ACH Originator communication and/or education.
• Complete annual required educational requirements.
• Perform additional duties, including miscellaneous projects, as assigned by Management.

What we need from you:

• Bachelor’s degree or higher.
• Minimum 5 years related work experience in financial institution operations or ACH payment processing.
• Must have or be willing to obtain one of the following certifications: Accredited ACH Professional (AAP) or Accredited Payments Risk Professional (APRP).
• Strong working knowledge of Nacha Rules and government regulations pertaining to ACH.
• Strong analytical and research skills.
• Excellent verbal, written, and interpersonal communication skills.
• A team player who works effectively in a team-fostered, multi-tasking environment.
• Ability to work independently with limited supervision.
• Keen attention to detail and aptitude for data analysis.
• Ability to quickly analyze complex situations, define problems, collect data, establish facts, draw valid conclusions, exercise critical thinking, provide guidance, and escalate issues to appropriate levels of management.
• Ability to learn, comprehend, and define new processes.
• Proficient in Microsoft Office Programs and G-Suite.

What we offer:

• Medical, Dental, & Vision Coverage

• Flexible Paid Time Off

• 401(k) + Match

• Mental Health Support & Well-Being Program

• Paid Maternity & Paternity Leave

• Education Assistance

• Company-funded Lifestyle Spending Account

Salary Range: $40,000-$70,000 

Pay within this range varies by work location and on job-related knowledge, skills, and experience. We look forward to discussing your salary expectations and our full total rewards offerings throughout the interview process.

Please note: North is a US based company and no sponsorship is available for this position at this time.

Who we are:

North, and our family of companies, are committed to helping entrepreneurs grow their businesses. As an end-to-end payment solutions company, we provide everything business owners need to get paid, whether they serve customers in a physical storefront, online, or both. We pride ourselves on being large enough to offer customized solutions to our enterprise-level clients while remaining agile enough to take an award-winning, hands-on approach to personal service that our merchants won’t find anywhere else.

Let’s go North, together! Our most important resource is our people. Join our diverse team of innovators and do-ers and make your mark on the future of payments technology. We're proud to offer benefits that help our team members further their overall well-being through unique initiatives that are both personally and professionally fulfilling. 

At North, we celebrate diversity and create an inclusive environment for everyone. We are an equal opportunity employer.

To learn more about North, and our family of companies, visit our website: north.com