Hiring Range: $19.33 - $28.95
The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
The primary function of the Operations Processor III is responsible for the maintenance and investigation of ATM/Debit card claims in compliance with UDAAP and Regulation E. Maintaining ATM/Debit Card mailings and all other ATM/Debit Card claim related processes.
Responsibilities include, but are not limited to the following:
- Processing customer error resolutions in compliance with Regulation E.
- Ensuring when applicable provisional credit is provided to the customer within 10 calendar days of the customer report date and final credit is applied to the customer within 45 calendar days.
- Communicate with customers throughout the claims process in writing and by phone ensuring regulatory timescales are consistently adhered to.
- Administer and manage disputes, process re-presentments and chargeback entries.
- Renumerate customer accounts utilizing scripts to post transactions pertaining to all card claims.
- Ensure prompt and timely processing of ATM/Debit card non posted transactions.
- Work collaboratively across all business areas to investigate all claims received by the bank to mitigate financial loss.
- Undertake trend analysis to understand claim trends and present findings to management and all key stakeholders.
- Responsible for the monitoring, recording, and safekeeping of all returned ATM and Debit Cards.
- Act as an inquiry escalation point and provide claim related guidance to other areas of the business.
- Support with the processing and maintenance of all deposit products across the full operations area.
- The successful candidate will make informed decisions using data and evidence gathered throughout their investigations whilst following our internal processes and procedures.
- The individual will posses critical thinking skills and be able to understand complex issues, whilst ensuring an extremely high standard of work and output is always achieved.
Qualifications: Education and Experience:
- High School Graduate with a minimum 3 - 5 years banking experience.
- Skills/Knowledge:
- An understanding of Regulation E and how it impacts both our consumers and our business.
- Posses the ability to perform in a fasted paced, high demand, environment whilst balancing multiple priorities.
- Excellent written, verbal and interpersonal communication skills.
- Proficient in Microsoft Office (Word, Excel, and Outlook).
- Ability to work effectively in a team environment across all organizational levels, demonstrating flexibility, collaboration, and adaptability.
- Capability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Eastern Bank Boston, Massachusetts, USA Office
125 High St, Boston, Massachusetts, United States, 02110 2704
Eastern Bank Lynn, Massachusetts, USA Office
Lynn, United States, 0
Eastern Bank Saugus, Massachusetts, USA Office
Saugus, United States
Similar Jobs
What you need to know about the Boston Tech Scene
Key Facts About Boston Tech
- Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
- Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
- Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
- Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories


