Payment Settlement analyst

Posted 2 Days Ago
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Philadelphia, PA
Hybrid
1-3 Years Experience
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
The Payment Settlement Analyst is responsible for reconciling payments and bank accounts, monitoring ACH returns, processing refunds, and ensuring accurate electronic payment settlements. This role includes creating cases in Salesforce for efficient returns resolution and generating compliance reports, while continuously learning about new payment processing rules and products.
Summary Generated by Built In

Job Description
If you're passionate about Sales, you have found the right team.
As a Payment Settlement Analyst, where you'll play a crucial role in ensuring accurate reconciliation within our healthcare payments sector. Your expertise will help maintain the integrity of our financial operations and contribute to the enhancement of our policies and controls.
Key Responsibilities:

  • Monitor electronic payment settlements (EFT, ACH, Credit Cards) to ensure accuracy between healthcare providers, health plans, and patients.
  • Perform bank reconciliations and manage invoicing processes.
  • Create and manage cases in Salesforce for ACH Returns, ensuring timely resolution through customer outreach.
  • Collaborate with customers and processors to resolve account chargebacks.
  • Research and address reconciling items as needed.
  • Prepare daily and monthly settlement reports for compliance and audit purposes.
  • Stay informed on electronic payment processing, NACHA rules, and new payment products in an innovative environment.


Required Qualifications, Capabilities, and Skills:

  • Proficiency in Microsoft Office, especially Excel.
  • Strong oral and written communication skills.
  • Ability to communicate effectively across departments, fostering a positive and cooperative work environment.
  • Proven ability to manage multiple priorities in a fast-paced setting.
  • Discretion with confidential information.
  • Team-oriented with a commitment to company success.
  • BA/BS in Finance or Accounting.


Schedule: Monday-Friday, 8:00am-5:00pm
About Us
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans
About the Team
The Corporate & Investment Bank is a global leader across investment banking, wholesale payments, markets and securities services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. We provide strategic advice, raise capital, manage risk and extend liquidity in markets around the world.

Top Skills

Excel

What the Team is Saying

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The Company
HQ: New York, NY
289,097 Employees
Hybrid Workplace
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.

Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.

Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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