Remittance Processing Associate I

Posted 3 Hours Ago
Be an Early Applicant
MA
1-3 Years Experience
eCommerce • Fintech • Information Technology • Payments • Software
We are the leader in financial technology and services for financial institutions and businesses of all sizes, globally.
The Role
The Remittance Processing Associate I will be responsible for processing customer payments and exceptions, preparing payments for processing, performing data entry, conducting research and adjustments, balancing transactions, and repairing MICR lines. The role is team-oriented and requires meeting deadlines.
Summary Generated by Built In

Job Description

Are you curious, motivated, and forward-thinking? At FIS you’ll have the opportunity to work on some of the most challenging and relevant issues in financial services and technology. Our talented people empower us, and we believe in being part of a team that is open, collaborative, entrepreneurial, passionate and above all fun.

About the team:

The Remittance Processing team provides lockbox solutions that scans, imports, indexes, and archives billions of text-based documents including checks, payment remittances, returns and statements every day for financial institutions. Using daily online check processing operations and imaging systems, our systems recognizes and captures the Magnetic Ink Character Recognition (MICR) on the checks for correct routing and posting. The system also aids in creating cash letters and lists required to forward checks to other banks.

The Vision Remit team has several sites around the country including Boston, Chicago and Los Angeles. Our support teams are both on-site and remote including customer support, sales, project management, Business Recovery Services, application development, and other technology focused departments.

What you will be doing:

Responsible for processing customer payments and exceptions in a timely and accurate manner to customer accounts

  • Prepares customer payments for processing. 

  • 10 key data entry of account number, invoice numbers, amounts, etc.

  • Performs research and adjustment activities. 

  • Balanced credits and debits within transactions. 

  • Preforms MICR line repair.

  • Performs under deadlines and in a team environment.

  • Other related duties assigned as needed

 Schedule: Monday, Wednesday, Thursday, Friday and Saturday from 8:00 am to 4:30 pm.

Location: The position is onsite in Canton, MA (It is not Remote).

What you bring:

  • Ability to work in a fast-paced environment

  • Capacity to lift or move up to 20 pounds.

  • Proficient written and oral communication skills in dealing with employees or external customers/clients.

  • Knowledge of the practices, procedures, and problem-solving techniques required to verify and distribute computer output.

  • Knowledge of the practices, procedures, and problem-solving techniques required to process client transactions and produce output through computer operations.

  • Knowledge of the practices, procedures, and problem-solving techniques involved in item processing.

  • Knowledge of client specifications for remittance processing.

  • Knowledge of off-line and peripheral equipment operation and maintenance.

  • Knowledge to identify errors in calculations and balances.

Added bonus if you have:

  • General knowledge of Remittance is a plus

  • Banking experience is a plus.

  • Data Entry experience is a plus.

  • Payment's processing experience (especially check handling) is a plus.

    What we offer you:

    At FIS, you can learn, grow and make an impact in your career. Our benefits include:  

    • Flexible and creative work environment 

    • Diverse and collaborative atmosphere  

    • Professional and personal development resources 

    • Opportunities to volunteer and support charities 

    • Competitive salary and benefits  

    Privacy Statement

    FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

    EEOC Statement

    FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


    For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

    Sourcing Model

    Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

    #pridepass

    The Company
    HQ: Jacksonville, FL
    57,000 Employees
    Hybrid Workplace
    Year Founded: 1968

    What We Do

    FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry, globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, proven performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

    Why Work With Us

    The world of fintech is changing fast. Our core values and behaviors give us the power to have a positive
    impact on the world we share. We work together, connecting to achieve outcomes with speed. We are inclusive and embrace our diverse strengths. We make things happen and celebrate together

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