Check Clearing Specialist: Lowell Five

Check Clearing Specialist Full Time
Tewksbury, MA


The Check Clearing Specialist is responsible for balancing the daily check clearing totals with totals from the Federal Reserve. Prepares all rejected checks for either processing or return to the Federal Reserve through the proper channels. Reviews and maintains all stop payment forms. Processes any relevant adjustments to the Federal Reserve.


With nearly $1.7 billion in assets, over 200 employees and 15 banking center locations throughout the Merrimack Valley and Southern New Hampshire, Lowell Five is honored to play a vital role in the economic vitality of the region. We provide support of, and our employees are engaged in, a myriad of leadership roles for numerous community boards and organizations. We are proud of the longevity of our employees and we are committed to finding new talent for our team. We offer career development and educational programs to support personal and professional growth along with a benefit package that supports each employee’s best life. For more information, please visit


  • Balance the daily check clearing files to ensure that all files have been received and processed from the Federal Reserve
  • Process and prepare for return all rejected check entries; balance and complete the returns by creating the return file in the ISCheck System
  • Review checks in the SQN software for signature, encoding errors and altered or fraudulent items; contact Branch or customer to verify item
  • Process any relevant adjustments to customer accounts and to the Federal Reserve through the proper channels; complete any adjustments that are received from foreign banks
  • Review stop payments to make sure they have been processed accurately; continue to monitor for customers’ signature
  • Maintain a tracking system for stop payments and checks to be paid on new accounts
  • Provide check clearing support for internal and external customers; work within the department and with the

    Federal Reserve to resolve issues and inquiries

  • Provide an excellent customer experience to anyone calling the Account Servicing Department
  • Cross train and assist with other Account Servicing functions as workload allows
  • Cross sell products and services whenever possible

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Please note this job description is not designed to cover a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change over time.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • At least 1-3 years of banking experience preferred; proficient with DNA
  • Strong knowledge of Banks products and services, as well as policies and procedures
  • Detail-oriented with solid organizational skills
  • Ability to multi-task, prioritize and meet deadlines under variable conditions
  • Self-motivated with the ability to make decisions independently
  • Ability to analyze and provide solutions when problems arise
  • Strong verbal and written communication skills

    Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

All applicants can apply directly on our website –


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