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Massachusetts Institute of Technology (MIT) Logo
Massachusetts Institute of Technology (MIT)

Cambridge, Massachusetts

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Deposit Operations Associate I
The principal function of an associate in this position is to assist in lockbox, electronic banking, and wire functions of Deposit Operations. ESSENTIAL RESPONSIBILITIES ACH: Establish client setup within Horizon core and with Horizon ACH processing. Monthly ACH billing. Monitor ACH activity for over limit files. Communicate with Team Leaders, Client Officers, and Cash Management when limits are exceeded. Troubleshoot file issues with FIS and Cash Management. Process ACH client disputes in accordance with Reg E guidelines. Set up and maintain bank external ACH transfers. Pre-Note/NOC

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