Associate Deposit Operations Reg E
Webster Bank

Job Info

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Job Description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

REG E compliance is one of the most crucial aspects of the banking industry. The candidate will be responsible for accurately investigating, processing, and finalizing ACH, Zelle, ATM and Debit Card disputes in accordance with Regulation E and NACHA rules. The ideal candidate will possess outstanding analytical and critical thinking skills as well as the ability to work in a fast-paced environment to ensure timely and accurate resolution of disputes while maintaining both the customer experience and controlling the bank's losses. The candidate must maintain ownership of each dispute from start to finish and resolve all cases assigned to them. Candidate will also assist with inbound calls from bankers and dispute related questions from vendors.

Duties and Responsibilities:

• Research all claim types and provide provisional/final credit within SLA & Reg E timeframes.
  
• Manage/maintain detailed files with regards to disputes in process, including but not limited to monitoring approaching deadlines, submitting required/requested documentation to the appropriate business partners, follow up conversations with customers, and keeping cohesive and chronological notes for each claim to ensure accuracy and efficiency throughout the dispute process.
  
• Uphold an exemplary level of attention to detail while processing claims to ensure accuracy and consistency throughout the investigation.
  
• Ensure all appropriate documents are sent to customers and/or our business partners within the required timeframes.
  
• Communicate with both external and internal customers via phone, email, or mail regarding dispute status, general information, etc.
  
• Continually enhance knowledge of Reg E, NACHA, Zelle and Mastercard core rules while staying updated on industry trends/changes. Maintain daily production levels that consistently meet or exceed daily/monthly/annual goals.
  
• Identify areas of improvement and suggest changes to help streamline existing processes.
  
• Follow all quality control measures to ensure that all regulatory and departmental requirements are met. Partner with various internal lines of business as necessary.
  

Skills/Education/Experience Requirements:

• Strong working knowledge of Regulation E required.
  
• 5+ years banking experience required.
  
• Exceptional organizational skills and attention to detail.
  
• Ability to work in a fast-paced environment.
  
• Strong written and oral communication skills.
  
• Professional phone etiquette.
  
• Ability to make accurate and timely decisions without assistance.
  
• Familiarity and comfort with Microsoft Office products.
  

The estimated salary range for this position is $22.00 to $25.00 USD an hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

#LI-MM3

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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