Roles and Responsibilities
Manage disbursement operations, ensuring timely and accurate processing of payments, including checks, and ACH transactions.
Reconcile all disbursement transactions, including identifying and resolving discrepancies in a timely manner.
Work closely with other departments and teams within the organization, including accounting, finance, and risk management, to ensure proper recording and reconciliation of disbursement transactions.
Develop and implement processes and procedures to ensure effective and effective disbursement operations.
Provide support for audits and regulatory exams related to disbursement operations.
Maintain accurate and up-to-date records of disbursement transactions, including journal entries and general ledger accounts.
Monitor and manage the disbursement activity to ensure compliance with company policies and procedures, as well as regulatory requirements.
Identify areas for process improvement, develop and implement process changes as needed to ensure productive and effective disbursement operations.