Job details

Director of Electronic Payments

NASA Federal Credit Union is in search of a Director of Payment Services to oversee the management of the daily operations of the Payment Services Department (which includes ATM, Debit & Credit, ACH, and Checking transactions. This position will act as a functional expert on all payment related services including initiatives and projects relating to these operations. It will be knowledgeable of the Payments Industry including mobile payment systems, Visa Network, ACH and Federal Reserve. It will have a solid understanding of association rules (MasterCard, VISA, AMEX, and regional PIN networks). This position will also be responsible for compliance with policies/procedures and regulatory requirements for applicable functional areas and has an awareness of regulatory requirements for the banking industry in general.

Essential Duties and Responsibilities: include the following. Other duties may be assigned

Remains cognizant of and adheres to NASA FCU policies and procedures, and regulations pertaining to Reg D, Reg E, Reg Z, Bank Secrecy Act as well as Federal Reserve, ACH, UCC and other regulatory requirements as applicable
Oversees daily operations and ongoing management of the Card Services Department, ACH and Checking departments
Evaluates the global cards payments program and performance. Implements changes to improve effectiveness, efficiency
Manages all payment services and delivery processes to ensure and optimize the best possible member experience and appropriate use of organizational resources
Manages productivity, income and profitability of all payment related programs
Manages the disputes and resolution process to ensure the Credit Union complies with all applicable laws and regulations, while also optimizing member experience
Develops, monitors and maintains fraud risk management programs and procedures in conjunction with Credit Union’s Compliance Team, as it pertains to Credit Cards, Debit Cards, ACH and Checking activity
Monitors daily processing of work performed by internal team to ensure deadlines are met, goals are accomplished, and in compliance with regulations
Reports on the Visa Network activity, including tracking trends and timelines, losses, disputes, monitoring activity, as well as weekly and periodic formal management reporting and benchmarking
Interacts with management and project teams for implementation of new and maintenance of existing products and services, including procedure development and problem resolution
Works with payment related vendors to ensure that the Credit Union is utilizing the best services while being cost effective.
Serves as a subject matter expert for the Payments Team and other related areas of the Credit Union
Assists members with problems or handles complaints to maintain positive member and staff relations
Responsible for supporting the ongoing operations of all EFT activity including but not limited to: wires, ACH, share drafts, ATM, mobile deposits, shared branching and P2P
Serves as a subject matter expert for EFT services for internal users and members to ensure that all service requests are addressed within established time requirements and follows organizational policies
This position provides technical, functional, and operational support to staff and members regarding EFT services and is responsible for supervising the payments team and interacting with other departments and vendors

Education and/or Experience:

Relevant four-year degree or university program certificate
Minimum of seven years of management experience in Card Services industry
Hybrid Schedule - Requires onsite presence

Our generous benefit package includes:

$145,000 - $193,750 / Annually (Based on experience)
401(k) match to 6% of earnings – immediate enrollment and 100% vesting
Choice of two health plans
Dental
Vision
Life Insurance – no cost
Long-term Disability Insurance – no cost
Employee Assistance Program – no cost
Paid vacation
Paid sick time
11 Paid holidays
Profit Sharing eligible
Pet Insurance
Identity Theft Protection

NASA Federal Credit Union Glassdoor Company Review

3.0

NASA Federal Credit Union DE&I Review

No rating

CEO of NASA Federal Credit Union

Douglas Allman

Approve of CEO

Average salary estimate

$169375 / YEARLY (est.)

min

max

$145000K

$193750K

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What You Should Know About Director of Electronic Payments, NASA Federal Credit Union

NASA Federal Credit Union is looking for an enthusiastic and detail-oriented Director of Electronic Payments to join our team in Upper Marlboro, MD! In this exciting role, you'll be at the forefront of managing our Payment Services Department, overseeing essential operations related to ATM, Debit & Credit, ACH, and Checking transactions. We need someone who possesses a deep understanding of the Payments Industry, including mobile payment systems, the Visa Network, and regulatory compliance across various payment systems. As our functional expert in payment-related services, you'll ensure we deliver the best member experience while adhering to the latest industry standards and regulations. Your daily responsibilities will include managing our Card Services Department, optimizing the efficiency of our global payments program, and ensuring adherence to regulatory requirements like Reg D, E, Z, and the Bank Secrecy Act. You'll also have the opportunity to develop strategies that enhance our fraud risk management and streamline operations. If you're passionate about payment services and want to play a pivotal role in a leading credit union, we'd love to hear from you! Join us and be part of a dynamic team committed to delivering high-quality EFT services while enhancing member satisfaction and operational effectiveness.

Frequently Asked Questions (FAQs) for Director of Electronic Payments Role at NASA Federal Credit Union

What are the main responsibilities of the Director of Electronic Payments at NASA Federal Credit Union?

As the Director of Electronic Payments at NASA Federal Credit Union, you'll oversee the daily operations of the Payment Services Department, including ATM, Debit & Credit, ACH, and Checking transactions. You'll manage the productivity and profitability of payment services, ensure compliance with relevant regulations, and strategize improvements to enhance the member experience.