Electronic Payments Manager
Stanford Federal Credit Union · Palo Alto, CA · 2 days ago
SalesFull-time
Who you are
- Five years related experience in financial services, and one year managing other employees preferred.
- A four-year degree (BS, BA, BSC, etc.) from an accredited College or University preferred; or equivalent combination of education and experience.
- AAP/NCP is a plus.
- In-depth knowledge of OFAC and BSA (Office of Foreign Assets Control).
- Strong customer service and interpersonal skills.
- Proficient in Microsoft Excel and Word.
What you’ll do
- Lead and oversee daily electronic payment operations, including domestic and international wire transfers, ACH processing, check processing, mobile deposits, and other payment-related transactions.
- Ensure all activities are completed accurately, efficiently, and within established service levels and regulatory timeframes.
- Manage operational risk and compliance controls by ensuring adherence to applicable regulations, internal policies, NACHA rules, wire transfer requirements, and fraud prevention procedures.
- Monitor exceptions, investigate discrepancies, and implement corrective actions as needed.
- Drive an exceptional member experience by monitoring member feedback, addressing escalated issues, and identifying opportunities to improve service delivery, operational efficiency, and overall satisfaction.
- Provide leadership, coaching, and development to team members by setting performance expectations, conducting regular performance reviews, delivering feedback, and fostering a culture of accountability, collaboration, and continuous improvement.
- Support strategic departmental and organizational initiatives, including system implementations, process improvements, product enhancements, and other projects that strengthen the payment services function.
- Cross-train on all department functions and serve as a hands-on resource and backup for critical operational tasks, ensuring seamless support during staffing absences, peak processing periods, and emergency situations.
Benefits
- 100% paid employee medical, dental, vision, life/AD&D and short-term disability insurance for the employee; 50% paid for dependents
- Quarterly incentives up to 10% of your salary (based on position)
- Employer 401(k) matching up to 5% plus additional annual discretionary contributions
- Education reimbursement up to $5,200/year
- Employee recognition program with cash incentives
- Commuter Toll Benefit $100–$200/month (based on position)
- Wellness Benefits up to $1,200 per year
- Paid Sick Time accrues at two weeks per year
- Paid Vacation Time accrues at three weeks per year
- Paid Federal banking holidays (approximately 11 per year)
- Ongoing training and education, seminars, and conferences
- Loan rate discounts on some products (vehicle, mortgage and HELOC loans)
- Waived fees and deposit bonuses on Stanford FCU accounts
- Flex health/transit plan availability
- Employee Assistance Program with free benefits like counseling, help finding legal assistance and day care resources