• Do you have analytical decision-making ability with attention to detail?
• Do you have experience processing Electronic Funds Transfer (EFT)?

• Maintain membership's IRA portfolios by processing monthly, quarterly, and annual Required Minimum Distributions, notifying members when they are required to start RMDs, maintaining the IRA out-of-balance report, completing 1099R corrections to be sent to the Internal Revenue Service and notifying members of any IRS changes to the IRA rules and regulations. Responsible for maintaining IRA automatic distribution updates on Data Safe under the IRA function. Utilizes Ascensus IRA Service Center to respond to IRA inquiries in a professional manner and maintain positive member relations.
• Perform the daily processing of the wires. Processes and posts all incoming and outgoing wire requests. This includes member verification, enhanced due diligence, and system processing.
• Acts as a liaison between the credit union and the surviving family members until the deceased account has been completely settled.
• Responsible for account estate settlement issues including but not limited to deceased accounts, probate issues, trust accounts, maintenance, and disbursements of accounts upon death of account holder. Researches and notifies proper staff of death notifications. Maintains hold on deceased members accounts pending government reclamations. Processes government reclamations as required.
• Be responsible for understanding and complying in an accurate and timely basis with all Bank Secrecy Act/Anti-Money Laundering/OFAC requirements that pertain to your position at LFCU and as directed by management and/or the SVP of Risk Management.

• Demonstrate a high level of team work.
• Provide all external and internal clients with professional support, accurate information, and friendly service.
• Demonstrate analytical decision-making ability with attention to detail.
• Demonstrate the ability to learn and work in a fast-paced work environment.
• Ability to multitask and prioritize work as required.
• Troubleshoot and resolve internal inquiries in a timely, friendly, and professional manner.
• Contribute to the successful achievement of Organizational and Departmental goals as set by PVP of Financial Operations and/or the Chief Financial Officer.
• Adhere to Lafayette Federal’s Service Standards Policy.
• Always maintains confidentiality.
• Maintain a dependable record of attendance and timeliness.
• Have a desire to work in an inclusive and diverse office culture.

• A positive credit standing

• A two-year college degree or 3-5 years of similar or related experience
• Experience with processing IRAs, Electronic Funds Transfer (EFT), and deceased accounts

• Extremely detailed oriented to ensure accuracy of data
• Ability to make independent decisions with oversight and assistance as needed by Finance Operations Manager/PVP of Finance

• This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping or standing as necessary
• This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

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  Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer
• EOE/AA/DISABILITY/VETERAN

When you choose a Lafayette Federal career, you choose to work in an environment where member focus is our bread-and-butter. We have a stable presence in the Washington Metropolitan area, a tenacious spirit and a genuine love for what we do — serving our members. If you seek a career in banking, our job openings offer you an excellent chance to learn and advance. We are a strong organization, poised for growth, and we are constantly broadening our reach. We believe an inclusive equal opportunity workplace reflects the communities we serve and leads to fresh ideas. Valuing diversity extends to the recruitment and ongoing engagement of employees to member cultivation. It’s part of who we are. Consider a Lafayette Federal career if you want: An opportunity to make an impact in the lives of our membersA chance to work with some of the best minds in banking todayA forward-thinking benefits plan and competitive payAn environment that values differences in people Employee Benefits: We are committed to maintaining an attractive benefits package that gives those with Lafayette Federal careers the resources they need to effectively manage their health, promote their well-being and help plan an exciting future.! We offer an outstanding benefits package that includes: • 401(k) with Employer Match and Profit-sharing • Generous Paid Time Off Package • Group Health Insurance for Single and Family Coverage • Flexible Spending Account • Health Savings Account with Employer Funding • Life and Accidental Death and Dismemberment Insurance • Short and Long-Term Disability Insurance • Dental Reimbursement • Commuter Benefits • Educational Assistance In addition to the benefits listed above‚ LFCU fosters a great work environment. Just ask our employees! *Lafayette Federal Credit Union is an equal opportunity and e-verify employer.* EOE/AA/VETERAN/DISABLED