Eastern Bank Logo

Eastern Bank

Operations Processor

Posted Yesterday
Be an Early Applicant
Hybrid
Wakefield, MA, USA
19-29 Hourly
Mid level
Hybrid
Wakefield, MA, USA
19-29 Hourly
Mid level
Manage and investigate ATM/debit card claims and disputes in compliance with Regulation E and UDAAP. Process provisional and final credits, handle chargebacks and re-presentments, communicate with customers, maintain card mailings and returned cards, perform trend analysis, and support deposit product operations while collaborating across business areas.
The summary above was generated by AI

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
About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.

Eastern Bank is an equal opportunity employer.  All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.

At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you’re excited about this role but your experience doesn’t fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.
HQ

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

15 Days Ago
In-Office
Medford, MA, USA
22-22 Hourly
Entry level
22-22 Hourly
Entry level
Fintech • Software • Financial Services
Perform mail opening, sorting, balancing, and 10-key data entry for customer remittances. Prepare deposits, handle exceptions and returns, record daily production, and ensure compliance with banking regulations while meeting quality and productivity standards.
Top Skills: 10-Key Data EntryAdding MachineCalculatorComputerFax MachineTelephone
57 Minutes Ago
Remote or Hybrid
Boston, MA, USA
120K-225K Annually
Senior level
120K-225K Annually
Senior level
Artificial Intelligence • Fintech • Insurance • Marketing Tech • Software • Analytics
Perform advanced actuarial pricing analyses for North American Specialty Environmental business, including portfolio profitability reviews, maintaining and developing rating models and monitoring tools, conducting parameter studies, supporting reinsurance placement, and communicating results to underwriting, claims, finance, and management.
Top Skills: ExcelSAS
57 Minutes Ago
Hybrid
Boston, MA, USA
63K-140K Annually
Junior
63K-140K Annually
Junior
Artificial Intelligence • Professional Services • Business Intelligence • Consulting • Cybersecurity • Generative AI
Support payer operations and business transformation engagements for health-industry clients. Contribute to research, data analytics, process improvement, change management, stakeholder collaboration, and implementation of operational excellence to drive efficiency and client outcomes.

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

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

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account